Economy

NEDA approves 13 infra projects worth P1-T

MANILA – The National Economic and Development Authority (NEDA) Board has approved 13 infrastructure projects worth PHP1.02 trillion, including Metro Manila’s first ever subway and five other projects that will be...

PH eyes exclusion of export items from VAT payments

MANILA -- Finance officials are now considering a move to follow the international norm of not requiring value added tax (VAT) payments for items bought in the country but will be...

NEDA sees TRAIN having little effect on inflation

MANILA -- Government’s top economic managers and leading economists agreed that the implementation of tax reform program has minimal impact on prices of goods. National Economic and Development Authority (NEDA) Director-General and...

Palawan PESO to increase SPES beneficiaries

PUERTO PRINCESA CITY, Palawan -- The Palawan Public Employment and Services Office (PESO) is increasing the number of beneficiaries of its Special Program for the Employment of Students (SPES) this year. Richard Rebote,...

Change in form of gov’t won’t affect infra program: Pernia

MANILA  - - Socioeconomic Planning Secretary Ernesto Pernia said infrastructure projects set to be implemented under the Duterte administration would not be affected by the planned change in the form of government. “I...

More foreign fund flows boost peso, PSEi

MANILA -- Risk-on sentiment returned to the Philippines’ financial markets Monday and enabled both the peso and the Philippine Stock Exchange index (PSEi) to stay up. The local unit finished the week’s first...

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