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Trade deficit widens to USD2.75B in May

MANILA, July 11 - The Philippines posted a trade deficit of USD2.753 billion in May 2017, higher than the USD2.24 billion deficit a year ago.  This after imports grew by 16.6...

Q2 GDP likely grew 6.4% —NEDA chief

MANILA, July 11 -- The Philippine economy likely expanded by about 6.4 percent in the second quarter, recording the same pace of growth in the first quarter, on the back of...

Gov’t tackles NPA extortion activities in back-channel talks with Reds — OPAPP

MANILA, July 11 -- The Office of the Presidential Adviser on the Peace Process (OPAPP) on Tuesday said the government will take up the extortion activities by the New People’s Army...

Lopez on ASEAN: ‘There’s unity in diversity’

via Diane Querrer HONG KONG—In the midst of calls for protectionism and global economic developments, ASEAN stands ready to respond to issues affecting trade and investment, drawing strength from its integrated economies. Speaking...

Dominguez: BIR, BOC pursuing reforms to plug tax leakages, increase revenues

via Diane Querrer The Bureaus of Internal Revenue (BIR) and of Customs (BOC) are currently pursuing reforms in tax administration, including the use of an Internal Revenue Stamps Integrated System (IRSIS) for...

DOE Assures Energy Aid to Quake-hit LGUs

via Diane Querrer Energy Secretary Alfonso G. Cusi today said efforts are underway to restore energy facilities in major parts of Region 8 and Bohol by tomorrow following the 6.5 magnitude earthquake. During...

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