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Malaysia’s Mahathir aims to scrap China deals

While the Philippine President Rodrigo Duterte has strong preference for China, Malaysia’s Prime Minister Mahathir Mohamad is poised to cancel multi billion-dollar Chinese-backed infrastructure...

Government revenue on GDP hits record levels; but deficit below target

The Department of Finance said that the government revenue as a proportion of the economy rose in the first half as tax reform provided...

Business Organizations asked Congress to carefully study effects of federalism

The recent expression of reservation from Duterte’s economic managers, Finance Secretary Carlos Dominguez III and Socioeconomic Planning Secretary Ernesto Pernia, and later on National...

Cabinet rejects zero tariff plan

Good news to our local producers and traders! Presidential spokesman Harry Roque announced that no Cabinet member had voiced to support for the zero tariff...

Finance Secretary Dominguez warns, “Interest rate will go hell”

At the Senate hearing on Wednesday, Duterte’s Chief Economic Manager Finance Secretary Carlos G. Dominguez III said that with the country’s current investment grade...

Importing and Lowering food products not a solution, Senators

Two senators asked for a careful analysis on the effects of lowering tariff for imported fish, vegetables, meat and other food products on local...

National ID not compulsory – Philippine Statistics Authority

Dr. Lisa Grace Bersales, national statistician and head of Philippine Statistics Authority (PSA) said that the national ID is not mandatory but those who...

High prices are expected on consumer goods due to inflation

Brace yourself as prices of basic commodities are expected to rise due to inflation. This is the highest inflation rate so far 5.7 percent in...

Duterte’s Economic managers’ caveat, “Don’t rush Federalism”

President Rodrigo Duterte’s two economic managers gave their caveat against the railroading of shift to a federal for of government as this could have...

Duterte: Don’t fear the National ID

Contrary to the belief of some group who are against the implementation of national ID because it can be used as a weapon to...

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