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Oil firms hike prices on Tuesday

By Joann Villanueva Several oil companies have announced they would implement price hikes effective 6 a.m. on Tuesday. In advisories, PTT Philippines and Seaoil said price...

Ex-DENR Sec. Gina Lopez dies at 65

By Nate C. Barretto Pro-environment activist, philanthropist and former Environment Secretary Gina Lopez, who sought to stop mining in the country, died on Monday, August 19,...

DAR aims for ‘stronger, more resilient PH agriculture’

By Julio P. Yap, Jr. Following his appointment as the new head of the Department of Agriculture (DA), Secretary William D. Dar has laid down...

PH inbound tourism posts P245-B revenue in H1

By THEPHILBIZNEWS STAFF Foreign tourists have spent nearly a quarter of a trillion pesos in the Philippines from January to June of this year as the...

DTI pushes smarter manufacturing

Department of Trade and Industry (DTI) Secretary Ramon Lopez is calling on manufacturing firms to innovate and go into digital transformation, to be ahead...

Lower required capital for foreign retailers to impact SMEs

By Leslie Gatpolintan Retail industry players have reiterated their opposition to the measure to reduce the minimum capitalization for foreign retailers intending to put up...

House panel OKs bill lowering corporate income taxes

By Filane Mikee Cervantes The House Committee on Ways and Means approved on Wednesday, August 14, the administration’s second tax reform package, which aims to...

PH manufacturing resilient amid global slowdown — DTI

By THEPHILBIZNEWS STAFF The Philippine manufacturing sector is proving to be resilient amid the global manufacturing slowdown, posting a 4.4-percent growth in the first half...

2019 inflation may decline by as much as 1.2% — DOF exec

By Joann Villanueva An official of the Department of Finance (DOF) forecast inflation to decelerate to as much as 1.2 percent this year if monthly inflation expands...

BIR collecting an initial P356 M in tax liabilities from POGOs

The Bureau of Internal Revenue (BIR) has collected an initial P186 million in withholding taxes from Philippine Offshore Gaming Operators (POGOs) and is getting...

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