Category Archives: Business

Experts see higher inflation in 2018

MANILA — Private sector economists surveyed by the central bank expect a higher inflation average for this year of 3.5 percent, partly due to price pressures that will arise from the tax

DOF readies second tax reform bill

MANILA — The Department of Finance (DOF) will submit to the Congress the second package of the government’s Comprehensive Tax Reform Program (CTRP) this month after the first package was signed into

PH growth to remain fastest in Asean

MANILA — The World Bank expects the Philippines to sustain robust economic growth in the next three years even as public investments are seen slowing down. “The Philippines will continue to be the fastest-growing

Drilon: We warned public about Train effects to prices of goods

MANILA — The public has been warned of the increase in prices of services and goods long before the Tax Reform for Acceleration and Inclusion (Train) Law was passed, Senator Franklin Drilon

Expert warns Train can bring negative effects to economy

MANILA — An economic expert criticized on Saturday the government’s downplaying of the effects of the Tax Reform for Acceleration and Inclusion (Train) Law, warning that the measure could bring dire effects

PH reserves stand at $81.5 billion in 2017

MANILA — The country’s gross international reserves (GIR) amounted to $81.5 billion in 2017, up from the previous year’s $80.3 billion, the Bangko Sentral ng Pilipinas (BSP) announced Friday. The end-December 2017