A move is underway in the Senate to lower the value-added tax (VAT) imposed on purchased goods and services. Under Senate Bill No. 1552 filed by Senator Erwin Tulfo, Section 106 of the National Internal Revenue Code would be amended to bring down the current 12 percent VAT to 10 percent. The...
The Manila city government shared the city 's best communication and broadcasting practices with the South Cotabato Provincial Information Office (PIO) to help boost information dissemination and coordination with the public. Manila Mayor Francisco "Isko Moreno" Domagoso and City Information...
Due to lingering global trade uncertainty, coupled with the Philippines’ weaker competitiveness, the Marcos administration’s economic team has cautioned that the country’s goods exports could face significant pressure this year. “Philippine goods exports face significant risks in 2025 from...
As part of efforts to strengthen transparency and accountability in government infrastructure projects, the Department of Education (DepEd) has directed its regional and division offices to submit a consolidated report on uncompleted school buildings before the end of the month. In a memorandum...
Despite recent pronouncements by the Bangko Sentral ng Pilipinas (BSP) that one more policy rate cut before year-end would maintain the “Goldilocks” level, the Economist Intelligence Unit (EIU) still forecasts two more reductions at each of the two remaining Monetary Board (MB) interest rate...
San Mateo, Rizal Mayor Bartolome "Omie" Rivera Jr. slammed the directive of the Metropolitan Manila Development Authority (MMDA) diverting the collected solid wastes of the city of Manila to its New San Mateo Sanitary Landfill (NSMSLF) following the permanent closure of the Navotas Sanitary...
The League of Cities of the Philippines (LCP) expressed its support for President Marcos ' directive to reinstate the practice of involving local government units (LGUs) in the planning and implementation of national government-funded projects in their respective localities. The group,...
San Juan City Mayor Francis Zamora has called for a whole-of-nation approach to solve the perennial problem of flooding in the country, saying that the construction and proper operation of flood control projects are not enough in curbing it. In a radio interview, Zamora, also the president of the...
The government has programmed ₱419.9 billion in infrastructure spending for the third quarter, the biggest quarterly infra disbursement for 2025, at a time when allegedly fraudulent flood control projects are taking the spotlight amid concerns about some wasteful and corruption-laden public...
The Department of Tourism (DOT) on Tuesday, Aug. 19, assured the public of closer coordination with law enforcement agencies following the fatal shooting of two Japanese nationals in Manila, saying visitor safety remains a top priority. In a statement, the DOT said it has been in constant contact...
Asian exports, including those from the Philippines, are seen remaining resilient in the second half of the year, contrary to earlier expectations that regional shipments would slump once front-loading ahead of United States (US) tariffs wane, according to the think tank Capital Economics....
Tempered household consumption, still reeling from the pandemic-induced recession, is weighing on the Philippine growth outlook, according to the Economist Intelligence Unit (EIU). With private consumption—which accounts for more than 70 percent of the local economy—showing “weak momentum,”...
