The economic recovery of the Philippines is lagging behind compared to other countries hit by the Coronavirus Disease 2019 (COVID-19) pandemic.
This was confirmed by Department of Trade and Industry (DTI) Secretary...
PR
At its meeting on monetary policy today, the Monetary Board decided to maintain the interest rate on the BSP’s overnight reverse repurchase facility at 2.0 percent. The interest rates on the...
The proposed Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law aiming to reduce income tax rate to attract foreign investments is up for President Rodrigo Duterte’s signature.
Both houses of Congress...
DILG PR
Yesterday’s approval of the economic amendments in the 1987 Constitution by a committee of the House of Representatives is a big step towards the country’s long-term recovery from the impact...
The Department of Trade and Industry (DTI) disclosed that e-commerce will greatly help in the recovery of the Philippine economy.
In a public briefing, DTI Undersecretary Ruth Castelo stated that since the...
BSP PR
The BSP projects January 2021 inflation to settle within the 3.3 - 4.1 percent range.
Higher prices for fuel and meat as well as increased Meralco power rates and excise taxes...
