The Philippine delegation led by President Ferdinand R. Marcos, Jr., held a roundtable discussion with companies from the semiconductor, electronics, and wiring harness industries on February 9, 2023 at The…
The Department of Finance (DOF) welcomed the decision of the Supreme Court affirming the constitutionality of the Tax Reform for Acceleration and Inclusion (TRAIN) Act amid petitions claiming the law…
The December 2022 Labor Force Survey (LFS) recorded an unemployment rate of 4.3 percent, which is the second lowest since April 2005. This is also significantly lower than the 6.6…
The Philippine delegation consisting of President Ferdinand R. Marcos, Jr., the economic team led by Finance Secretary Benjamin Diokno, and key private sector representatives departed for a working visit to…
President Ferdinand R. Marcos, Jr. honored the Bureau of Customs (BOC) as it celebrated its 121st Founding Anniversary on February 7, 2023 at the Port Area, South Harbor, Manila. In…
The Bureau of Internal Revenue (BIR) officially kicked off its 2023 National Tax Campaign with the theme Tulong-tulong sa Pagbangon, Kapit Kamay sa Pag-ahon, Buwis na Wasto, Alay Para sa…
The Marcos administration has intensified its measures to improve local production and agricultural productivity as inflation reached 8.7 percent in January 2023 due to supply constraints and higher utility rates.…
The Philippines recorded a debt-to-GDP ratio of 60.9 percent for end-2022, which is lower than the 61.8 percent target that was set in the Medium-Term Fiscal Framework (MTFF). “Our medium-term…
