Economy

World Bank PH economy growth forecast up to 5.3%

As more businesses and establishments reopen amid a decline in COVID-19 cases, the World Bank has projected that the Philippine economy will grow faster.

DOF embarks on digitalization programs to improve services, decision making

The Department of Finance (DOF) under Secretary Carlos Dominguez III has beefed up its digitalization initiatives, which include facilitating trade online and making the filing of tax exemptions more convenient to better serve the public and improve its oversight functions and policy-making processes.

Foresight planning, innovation to drive country’s long-term development —NEDA

The National Economic and Development Authority (NEDA) said that in order to attain the AmBisyon Natin 2040, the government needs to continuously innovate and make its systems more resilient against future crises through foresight planning.

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...

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