Finance Secretary Carlos Dominguez III said Thursday the Philippines’ first Real Estate Investment Trust (REIT) listing done by the Ayala-backed AREIT Inc. signals that the domestic market is ready to…
Business activities in various sectors of the economy have started to pick up since the economic standstill during the second quarter of this year triggered by the 11-week Luzon-wide enhanced…
The Bureau of Internal Revenue (BIR) has released a total of 537.13 million cigarette tax stamps worth P18.88 billion during four months of community quarantine imposed by the government from…
The Philippines has continued to step up to the global challenge of carrying out the difficult "balancing act" of saving as many lives as possible from the coronavirus pandemic with…
The proposed P180 billion economic stimulus plan that incorporates around P40 billion in tax credits to the private sector has already taken into account the deep contraction of the economy…
Finance Secretary Carlos Dominguez III said the government has “the resources necessary” to endure the challenge of COVID-19 and its adverse economic impact, following the first-semester contraction by 9 percent…
The continuous flow of food from the country’s farms to consumers that was the result of the ongoing reforms in the farm sector initiated by the Department of Agriculture (DA)…
The Social Security System (SSS) has so far approved P15.63 billion in coronavirus disease 2019 (COVID-19) calamity assistance loans as of July 28, 2020, and another P190.02 million in unemployment…
The Action for Economic Reforms (AER) has expressed its continued support for the policy reform initiatives being pushed by the Department of Finance (DOF), particularly the measure pending in the…
As a percentage of gross domestic product (GDP), the country’s consolidated General Government (GG) debt stood at 34.1 percent by end-December 2019, or down 0.3 percentage points from the year-ago…
