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MANILA, Philippines — The Bureau of Internal Revenue cannot postpone the tax-payment deadline next month even as the government is working on some relief for personal and corporate taxpayers amid the one-month community quarantine of Metro Manila,…
Even as inflation eased to 2.6 percent in February, the Philippines is bracing for faster-than-expected increases in consumer prices as China’s manufacturing sector reels from the impact of the COVID-19 outbreak. Deputy National Statistician Lourdines dela Cruz…
MANILA, Philippines — Former Chief Justice Lucas Bersamin, whose tenure in the Supreme Court was marked by a number of controversial decisions that tended to favor the Duterte administration, will take the helm of the Government Service Insurance…
A prolonged crisis over the novel coronavirus (2019-nCoV) would likely cut up to P133 billion from the country’s P19-trillion economy, the country’s chief economist said on Friday with the property sector already feeling the effects of the…
People buying protective masks at a medical supplies store in Manila on January 31, 2020. Photo by Ted ALJIBE / AFP Inflation was up to an eight-month high of 2.9 percent last January but the government said…
Inflation rose by 2.5 percent year-on-year in December last year amid seasonal price increases during the Christmas holidays and the typhoons that jacked up food prices, the government reported Tuesday. For the entire 2019, headline inflation averaged…
The government has failed to hire reinsurers for the planned one-year program to protect government assets in areas prone to natural disasters. National Treasurer Rosalia de Leon told the Inquirer there was a “failed bidding” for the…
President Duterte has ordered Agriculture Secretary William Dar to suspend the importation of rice until the end of the Filipino farmers’ harvest season and to buy palay from them. He did not say, however, when the suspension…
With only two months left before their validity expires, P4.4 billion in funds allocated for the rehabilitation and reconstruction of Marawi City have remained unreleased as of October. The latest Department of Budget and Management (DBM) data…
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