Economy

Economy

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Economy Life News

Philippine economy is fastest growing in Asia during 1st three months of Duterte presidency

MANILA, (PNA) — The Philippine economy remained the fastest growing among Asia’s emerging economies after growing 7.1 percent in the third quarter of 2016, giving a strong boost ...
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Economy Life News

Philippine business tax breaks to be level with other ASEAN countries

The Department of Finance (DOF) wants the government income tax holidays to be on the par with those of its Southeast Asian neighbors in a bid to modernize ...
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Economy Life News

Duterte infra spending, strong agri sector performance boosts RP economy to 7.1% growth

Finance Secretary Carlos Dominguez III today said the third-quarter Gross Domestic Product (GDP) growth of 7.1 percent puts the Duterte government on target of expanding the economy by ...
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Economy News

Small-value tobacco, alcohol imports still subject to excise taxes: BOC

November 16, 2016 — The Bureau of Customs today gave a reminder that while the tax-exempt value of non-commercial imports has been raised to P10,000, small value importations ...
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Economy News

Mindanao tourism industry prepares for influx of Chinese tourists

DAVAO CITY, November 14, 2016 (PNA) — Tourism industry players in Mindanao are fine-tuning their products and strategy packages in preparation for the influx of Chinese and other ...
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Economy News

Lifestyle check on BOC execs in the offing

November 14, 2016 — Finance Secretary Carlos Dominguez III has ordered a lifestyle check on officials of the Bureau of Customs (BOC) as part of the Duterte administration’s ...
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Economy News

Renewable energy makes headway in Mindanao

Renewable energy made further strides in Mindanao as the Bukidnon Second Electric Cooperative, Inc. (BUSECO) signed up with AboitizPower subsidiary Hedcor Bukidnon, Inc. for 5 megawatts (MW) of ...
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Economy News

Davao forum aims to flesh out Duterte admin’s inclusive growth agenda

DAVAO CITY November 8, 2016 — The Duterte administration is convening the first of its series of “inclusive deliberations” with development stakeholders in a bid to reach a ...
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Economy News

BUILD, BUILD, BUILD: Duterte launches massive P8-trillion infra program

November 4, 2016 — The Duterte administration is intent on ushering the nation into a “Golden Age of Infrastructure” as it plans to spend about P8 trillion for ...
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Finance news
Economy

Additional 3M low income Filipinos to be exempted from taxes in Duterte’s tax reform plan

An additional 3 million taxpayers with taxable incomes of P250,000 and below would be included in the batch that would pay zero taxes. This one of the main ...
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