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DESPITE a slight decline in April, the Philippine government’s outstanding debt hit P18.470 trillion, as the peso’s vulnerability still resulted in more obligations to pay. Outstanding debt of the national government marginally...
BROADER value-added tax (VAT) exemptions on essential medicines are expected to strengthen demand for pharmaceuticals in the country, with price relief likely to translate into higher consumption, according to BMI, a unit of Fitch Solutions.
THE Philippines could suffer the largest growth downgrade in Southeast Asia this year as the escalating conflict in the Middle East fuels inflationary pressures and dampens consumer spending, according to the Asean+3 Macroeconomic...
◼ US 61.7260 ◼ JAPAN 0.3868 ◼ UK 83.0832 ◼ HK 7.8765 ◼ CHINA 9.1230 ◼ SINGAPORE 48.2913 ◼ AUSTRALIA 44.2205 ◼ EU 71.8305 ◼ KOREA 0.0408 ◼ SAUDI ARABIA 16.4484
THE Department of Trade and Industry (DTI) has expanded safeguard duties on imported cement to include shipments from China and Indonesia, following a surge in imports from the two countries that were previously exempt from the measure....
DESPITE dropping out of the list of the world’s 10 worst countries for workers, the Philippines remains vulnerable to a further deterioration in labor rights, the International Trade Union Confederation (ITUC) has warned. In its 2026...
