THE PHILIPPINES’ balance of payments (BoP) position swung to a surplus in October, narrowing the country’s external position gap in the 10-month period, the central bank said.
THE Department of Finance (DoF) expressed “strong reservations” regarding a proposal to lower the value-added tax (VAT) rate, warning it could cost the government more than P1 trillion in foregone ...
THE PHILIPPINE government has collected almost P7 billion from a 12% value-added tax (VAT) on digital services, the Department of Finance said, providing a lift to revenue intake at a time when slower ...
THE DEPARTMENT of Information and Communications Technology (DICT) is aiming to increase the share of the digital economy to gross domestic product (GDP) to 12.5% by 2028, by fast-tracking digital ...
The country’s education system shows strain across many stages of learning, starting from early childhood and stretching through college. Yet, it remains one of the least supported areas in public ...
MEGAWIDE Construction Corp. raised P3 billion from its Series 7 preferred shares follow-on offering, which was oversubscribed 2.3 times, signaling investor confidence in the company’s expansion plans, ...
A Filipino adage dubs education as the greatest inheritance a parent can give to their child. Such is the importance of learning in the Philippines, where it is a right and where the government is ...
THE QCINEMA International Film Festival’s shorts program this year has expanded to a whopping 26 films, spread out across five sections. In QCShorts International 2, five filmmakers turn their ...
PHINMA HOSPITALITY, Inc., the hospitality arm of Del Rosario-led PHINMA Corp., plans to add 350 rooms across its hotel properties in Pasig, Bacolod, and Davao starting next year. “With regards to the ...
THE PHILIPPINE PESO weakened against the dollar on Thursday after minutes from the US Federal Reserve’s last policy meeting dampened expectations of an interest rate cut next month. It closed at ...
Leading companies and conglomerates endeavor to invest in education, from building classrooms to providing scholarships.