Economy

Industries’ recovery observed as restrictions ease

Several sectors of the country’s economy have been showing signs of recovery amid the gradual easing of COVID-19 restrictions and mobility as cases continue to decline. In the Nov. 26 Philippine Economic...

BSP promotes digital money for holiday gift-giving

The Bangko Sentral ng Pilipinas (BSP) encourages the public to use digital wallets when sending cash gifts this holiday season. 

BOC collects P3-B revenues from pork imports under reduced tariff, increased MAV system

The Bureau of Customs (BOC) has so far posted collections of P3 billion from swine meat imports and estimates that it has foregone some P3.4 billion in revenues as of mid-November...

Whole-of-gov’t approach vs. pandemic boosts economic recovery

The whole-of-government approach to address the impact of the coronavirus-induced pandemic has resulted positively as shown by the continued recovery of the Philippine economy, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said. 

Canada’s annual inflation up to 4.7 pct in October

Canada's annual inflation rose to 4.7 percent in October 2021 from the previous month's 4.4 percent, according to Statistics Canada on Wednesday.

DOF: Suspension of fuel excise tax inequitable, detrimental to PH recovery

Department of Finance (DOF) Undersecretary and its Chief Economist Gil Beltran said the proposed suspension of the excise taxes on fuel will be inequitable and lead to significant revenue losses, thus...

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