We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.
MANILA, Philippines — The new year begins with another increase in “sin” taxes, meant not only to discourage smoking and drinking but also to raise more revenues to finance the universal health care (UHC) program being implemented…
MANILA, Philippines — Private-sector members and pensioners of the Social Security System (SSS) in the six regions devastated by typhoon “Odette” last week can avail of loan assistance packages to be offered in January. In a circular…
Additional domestic and foreign borrowings plus a weaker peso further hiked the national government’s outstanding debt to a new high of P11.92 trillion in September. The latest Bureau of the Treasury (BTr) data on Friday showed end-September…
The Bureau of Internal Revenue (BIR) is putting up a dedicated unit that will track digital sales transactions and capture the correct taxes due from these goods and services. In a statement on Tuesday, the Department of…
Three forthcoming loans to be extended by the World Bank (WB) to the Philippines totaling $810 million will aid in pandemic recovery and building resilience against natural disasters as well as improving the education sector, the Washington-based…
MANILA, Philippines — The unemployment rate worsened to 8.1 percent in August as many business establishments in Metro Manila were forced to close by the lockdown meant to contain the spread of COVID-19 and as thousands of…
Food and Drug Administration (FDA) Director General Eric Domingo said on Thursday, September 9, 2021, there was still no evidence that the efficacy of CoronaVac—the COVID-19 vaccine manufactured by the Chinese company Sinovac—is waning in people who…
MANILA, Philippines — The Philippines is among only five countries in the world that have not resumed in-person classes since the COVID-19 pandemic was declared last year, and the prolonged closure has infringed on the right to…
With another round of the strictest lockdown to be imposed in Metro Manila, the government on Friday scrambled to find the money to compensate those who would temporarily lose their jobs or means of livelihood with the…
The Philippines’ COVID-19 war chest inched up to $30.45 billion, or almost P1.5 trillion, as of last month, thanks to a P505-million vaccine donation from Australia, the Asian Development Bank (ADB) said on Friday. The updated ADB…
Despite an easing in the March unemployment rate, the Philippines remained the worst job market in emerging Asia with the biggest share of the unemployed to the labor force, a report of the state planning agency National…
MANILA, Philippines — Amid the prolonged fight against the COVID-19 pandemic, a total of P25.14 billion in calamity funds from the 2020 and 2021 national budgets remains unutilized as of March, pending approval on several levels in…
We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.