Business

February NG Budget Deficit at P116.0 billion; Year-to-Date Budget Gap Widens to P130.0 billion

MANILA, Philippines, 30 March 2021 – The National Government (NG) incurred a P116.0 billion budget deficit for February 2021, more than three times the P37.6 billion recorded a year ago. The...

Joint statement of the Duterte administration’s economic managers

The COVID-19 pandemic and the quarantines have claimed many lives and caused great suffering to our people, who have had to endure joblessness, loss of income, hunger, and lack of treatment...

NEDA welcomes the passage of the CREATE Act

MANILA – The National Economic and Development Authority (NEDA) thanks President Rodrigo Roa Duterte and the Congress for enacting Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for...

Dominguez thanks President Duterte, Congress for timely enactment of CREATE Law

Finance Secretary Carlos Dominguez III has lauded the timely enactment of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, a law signed by President Duterte primarily to provide businesses,...

“A Dose of Hope”: Private sector procures vaccines for employees with government help

By Sweeden Velado-Ramirez “Mutual trust between the public and the private sector” facilitated the private sector’s purchase of vaccines for employees, Presidential Adviser for Entrepreneurship and Go Negosyo founder Joey Concepcion said...

BSP promotes Islamic banking

Regulatory reforms on Islamic Bank licensing, Shari’ah governance and taxation have been instrumental in making the Philippines an attractive site for Islamic banking, according to the Bangko Sentral ng Pilipinas (BSP). “The...
spot_img

Popular