IMF trims Philippine growth forecasts
By Luisa Maria Jacinta C. Jocson, Reporter THE International Monetary Fund (IMF) trimmed its economic growth forecasts for the Philippines as elevated inflation is likely to continue weighing on domestic demand. The multilateral institution cut the country’s gross domestic product (GDP) outlook
Marcos signs law imposing 12% VAT on Netflix, Amazon
Philippine President Ferdinand R. Marcos, Jr. on Wednesday signed into law a bill taxing nonresident digital service providers (DSP) including Netflix and Amazon. — REUTERSBy Kyle Aristophere T. Atienza, ReporterPHILIPPINE President Ferdinand R. Marcos, Jr. on Wednesday signed into law
Boards greenlight wage hikes in three regions
A worker pours a sack of rice grains into a rice mill at Pilar town, Bataan province, north of Manila May 29, 2015. — REUTERSBy Chloe Mari A. Hufana, Reporter REGIONAL wage boards have approved a hike in the daily
BSP may cut by 100 bps more this year
BW FILE PHOTOTHE BANGKO SENTRAL ng Pilipinas (BSP) may cut by a total of 100 basis points (bps) in the last three months of 2024, Fitch Solutions’ unit BMI said, amid a downtrend in inflation and the start of the
Sowing the seaweeds of success
The EY Entrepreneur Of The Year 2024 Philippines has concluded its search for the country’s most visionary leaders shaping opportunities and transforming industries. It is a program of the SGV Foundation, Inc., with co-presenters: the Asian Institute of Management, the