Economy

Prices of goods generally stable: DTI

MANILA -- The Department of Trade and Industry (DTI) said prices of goods are generally stable across the country, based on surveys done by the agency in key trading areas nationwide. In...

Critical economic reforms gaining traction, must continue: NEDA

MANILA -- The National Economic and Development Authority (NEDA) said Tuesday that the ranking of American media company US News which placed the Philippines on the top spot of “best countries to...

Vegetables, root crops production in NegOcc slightly drops

BACOLOD CITY -- Vegetables and root crops production in Negros Occidental has slightly dropped in 2017, the Philippine Statistics Authority (PSA) has reported. Annual production and area harvested reports of PSA-Negros Occidental showed...

Int’l firm to use Davao cacao beans for real Belgian chocolates

DAVAO CITY -- An international chocolate producer will launch Belcolade, the real Belgian chocolate with a single origin of cacao beans exclusively sourced from Davao. Bernard Poplimont, the area director for South East...

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...

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