Business

PBBM inks legislation setting foreign ownership limits in key industries

By Darryl John Esguerra | Philippine News Agency The Philippine government has retained longstanding foreign ownership restrictions in key sectors even as it continues to implement economic reforms aimed at attracting more...

Palace: Suspension of pension, premium contributions under study

By Dean Aubrey Caratiquet As part of various measures to lighten the burden of the current situation on the citizenry, Malacañang said that it is studying various proposals raised by lawmakers to...

PBBM orders extension of ITR filing deadline to May 15

By Dean Aubrey Caratiquet As part of the government’s initiatives to ease the burden of the citizenry amid these challenging times, President Ferdinand R. Marcos Jr. has ordered the extension of the...

Palace stresses need for “balance” amid calls to remove VAT from petroleum products

By Dean Aubrey Caratiquet Amid mounting calls to remove the value added tax (VAT) from petroleum products to help the common folk cope with rising fuel prices, Malacañang stressed the importance of...

Gov’t, biz groups align to blunt fuel shock, ensure price stability

By Darryl John Esguerra | Philippine News Agency The government and key business groups have aligned measures to cushion the impact of surging global oil prices, with Executive Secretary Ralph Recto assuring...

PSA hails significant gains in PH domestic labor market

By Dean Aubrey Caratiquet After unveiling figures on the country’s inflation rate for March 2026, the Philippine Statistics Authority (PSA) shared the numbers outlining the status of the nation’s labor force participation...
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