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MANILA, Philippines — The country’s largest organization of online gaming service providers on Tuesday sought to quell criticism that it owes the government taxes, saying its member firms pay all…
Factory production declined in March as supposedly nonessential manufacturing ground to a halt at the start of a lockdown meant to stop transmission of SARS Cov2, the virus that causes…
The Duterte administration’s order for ABS-CBN Corp., the country’s largest television network, to stop broadcast operations over an expired franchise might be a first. National Telecommunications Commission (NTC) deputy commissioner…
The Lexus range of SUVs. Image: Courtesy of Lexus via AFP Relaxnews With the end of lockdown on the horizon in many countries, automobile dealerships will soon be reopening their…
President Rodrigo Duterte’s chief economic manager on Tuesday (May 5) reiterated that only registered and tax-complaint Philippine offshore gaming operators (Pogos) can resume operations during quarantine as the government seeks…
State-run corporations have remitted P129.45 billion to the Bureau of the Treasury as of last week to help finance the government’s huge funding needs in addressing the socioeconomic impact of…
The Philippines’ ambitious “Build, Build, Build” infrastructure program is again undergoing a review to give priority to projects that would have the biggest impact on reviving an economy reeling from…
The central bank on Tuesday (May 5) rolled out new measures to encourage a steady flow of credit to small firms—many of which have been hit severely by the ongoing…
The central bank on Tuesday (May 5) said it has space to roll out additional measures to support the Philippine economy thanks to a benign price environment highlighted by the…
A five-month record low inflation in April allowed the Bureau of the Treasury to award P15 billion in 35-day T-bills at a lower rate on Tuesday (May 5). It helped…
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