Proposed new PH taxes for 2021 added burden to consumers

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The Duterte administration is eyeing to implement new taxes starting 2021 to offset monetary losses and to curb the economic impact of the coronavirus...

PSEi projection lowered to 6,600 due to COVID-19 crisis

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BPI Securities Corporation (BSC) has lowered its 2020 Philippine Stock Exchange index (PSEi) projection from 9,000 to 6,600 due to the COVID-19 pandemic. The brokerage...

If Duterte only chose us over China, there would be no COVID-19 ECQ

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It has been three weeks since President Rodrigo Duterte's government put Metro Manila under enhanced community quarantine (ECQ). This makes the Philippines the first country...

40% Chinese-owned NGCP faces franchise repeal, fails to explain before Senate

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The Senate suspended the March 10 hearing on National Grid Corporation of the Philippines' (NGCP) operations after the company's president failed to attend due...

House summons SolGen on power firms’ unpaid dues

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Two committees from the House of Representatives filed a subpoena against Solicitor General Jose Calida, summoning him to attend the joint hearing on the...

Duterte’s attacks on big business hurt Philippine economic growth

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Local and foreign businesses are getting more worried over the political climate under the administration of President Rodrigo Duterte, partly causing the full-year Philippine...

Dennis Uy’s P700M loan request sparks warning vs PhilGuarantee

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Davao-based businessman Dennis Uy recently made headlines once again as reports say that he eyes for a huge amount of loan worth P700 million...

BSP: ‘Brexit’ has small impact on PH economy

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The United Kingdom (UK)’s Brexit transition period after leaving the European Union (EU) would only have a small impact on the Philippines, the Bangko...

Meralco rates lower this February

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Customers of power distributor Manila Electric Company (Meralco) can expect cheaper utility bills again in February due to lower power generation charges. Meralco announced on...

BSP resumes rate cuts as Asia battles pressure from nCoV threat

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The Bangko Sentral ng Pilipinas (BSP) said on Thursday that they have resumed their monetary policy easing, citing a manageable inflation environment and the...

Latest article

Allowing motorcycle back-riding for couples just a response to public clamor, Palace says

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The decision to allow motorcycle back-riding for couples is just an answer to public clamor, Presidential Spokesperson Harry Roque said. According to the Palace official,...

Duterte might be making a “wrong presumption” on Duque, Lacson says

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One of the senators who signed a resolution calling for Department of Health (DOH) Secretary Francisco Duque III's immediate resignation as early as April,...

Chinese woman who hit Makati traffic officers charged with criminal complaints

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After arguing and hitting traffic enforcers in Makati City, a Chinese woman is facing criminal complaints of physical injury and disobedience to a person...