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The status of the country’s Generalized Scheme of Preferences Plus (GSP+) with the European Union (EU) continues to hang in the balance as the trade bloc hit anew human rights conditions in the Philippines, but lauded the government’s fight against corruption and efforts in promoting labor rights.

Farmgate prices of paddy rice started on a high note this year, posting a seven percent jump in the first week of the month, the Philippine Statistics Authority (PSA) said.

The passage of a bill which seeks to remove the quantitative restrictions (QR) on rice imports could lower inflation by one percentage point and offset the inflationary impact of the tax reform law, an official of the Bangko Sentral ng Pilipinas (BSP) said.


An investment program being launched next year for Japanese investors via an initial coin offering (ICO) promises a windfall for the Philippines in terms of real estate, tourism, renewable energy and organic farming developments.

True, in the Tax Reform Act, it’s mainly tax increase, not tax reform.

I want you to be honest in answering me this question.

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President Duterte has revived the post-clearance audit function of Customs, embroiled in a controversy recently because of the entry of multi-billion peso worth of illegal drugs.

The national government incurred a fiscal deficit of P36.9 billion in September as revenue performance improved and expenditures declined.

The Court of Appeals has upheld the legality of the buyout of the telecommunication assets of San Miguel industry giants PLDT and Globe Telecom.

The Bangko Sentral ng Pilipinas is set to launch the electronic fund transfer credit next month as it moves toward a unified e-payments platform in the country.

Share prices declined yesterday as investors pocketed gains, analysts said.

Two Chinese companies are planning to invest a combined $4.5 billion for iron and steel manufacturing and shipbuilding projects in the Philippines, according to the Department of Trade and Industry.

The Bureau of the Treasury awarded in full yesterday the P15 billion in Treasury-bills as interest rates barely moved ahead of the expected announcement of the new US Federal Reserve chief next week.

International Container Terminal Services Inc. is investing $100 million for the expansion of the Basra Gateway Terminal in Iraq.

Ayala-owned AC Energy Holdings Inc. is targeting to complete its first 75-megawatt wind project in Indonesia by early 2018.

The International Labor Organization has urged businesses to avoid hiring minors in their work force as plans to eliminate child labor practice in the country gains ground.


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