Philippine News

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Philippine News

  • Unified pension system: A fix for fragmented Philippine retirement schemes?
    on May 31, 2025 at 1:30 am

    With the Philippines’ Social Security System (SSS) receiving a poor rating from a global pension index last year, a finance expert suggested that consolidating all state and private retirement schemes into a unified pension system would be an ideal and more […]

  • From tax reform to tech reform: Karl Chua’s data-driven mission at Ayala
    on May 31, 2025 at 12:56 am

    **media[15915]**Previously dubbed as the “poster boy of tax reform” for spearheading the Philippines’ most significant fiscal overhaul in decades, Karl Kendrick Chua is now championing another kind of transformation—this time at the intersection of […]

  • Razon-led Prime Infra acquires 60% of First Gen’s gas business for ₱50 billion
    on May 30, 2025 at 10:49 pm

    Lopez-led First Gen Corporation has formally reported to the Securities and Exchange Commission (SEC) that it will be unloading 60 percent of its gas businesses to Prime Infrastructure Capital Inc., a company owned by billionaire Enrique Razon, for ₱50 […]

  • BSP projects much cooler inflation for May 2025
    on May 30, 2025 at 11:45 am

    Filipino consumers can anticipate a substantial easing of inflation in May this year, according to the latest forecast from the Bangko Sentral ng Pilipinas (BSP). The central bank projects inflation to settle within the range of 0.9 percent to 1.7 percent in […]

  • LRT, MRT to deploy cashless turnstiles in July
    on May 30, 2025 at 8:20 am

    Commuters traversing through Metro Manila’s railways will soon be able to pay for their fares by a simple tap on their phone as the Department of Transportation (DOTr) prepares to deploy cashless turnstiles in July.In a Palace briefing on Friday, May 30, […]

  • Investments in Philippines soars 71% since mid-2022, fueled by renewable energy
    on May 30, 2025 at 7:58 am

    The Department of Trade and Industry (DTI) reported a 71 percent surge in approved investments to ₱3.54 trillion under the Marcos administration from July 2022 to April 2025, driven largely by renewable energy projects. In a statement, Trade Secretary […]

  • New financial transactions tax law to generate over ₱25-billion revenues in next five years
    on May 30, 2025 at 7:53 am

    The newly signed Capital Markets Efficiency Promotions Act (CMEPA) is projected to generate over ₱25 billion in net revenue gains over the next five years, according to the Department of Finance (DOF).Finance Secretary Ralph G. Recto said CMEPA also […]

  • DTI issues price guide for school supplies as opening nears
    on May 30, 2025 at 7:42 am

    With classes set to begin next month, the Department of Trade and Industry (DTI) has released its latest price guide to help consumers make informed choices when purchasing school supplies.For this year’s price guide, the DTI stated that it includes a […]

  • GSIS offers new loan restructuring for gov’t employees
    on May 30, 2025 at 7:40 am

    State-run Government Service Insurance System (GSIS) is offering government workers a chance to escape high-interest loans through its enhanced Ginhawa Max Loan Buyout program, which directly addresses the financial struggles many public servants face.In a […]

  • Pickup truck tax reimposed as Marcos signs CMEPA with partial vetoes
    on May 30, 2025 at 6:40 am

    Expect pickup trucks to be more costly after the provision reimposing the excise tax on the vehicle type was approved, alongside other tax reform measures under the proposed Capital Market Efficiency Promotion Act (CMEPA).The CMEPA, a legislation deemed a […]

  • SEC warns public against being scammed into being a money mule
    on May 30, 2025 at 6:12 am

    The Securities and Exchange Commission (SEC) is warning the publc against transacting with advance fee loan scams, and against sharing and lending their registered bank, e-wallet, and other financial accounts, as they could be used as “money mules” by […]

  • Philippine exports to US climb in April amid Trump tariff threat
    on May 30, 2025 at 6:10 am

    Philippine exports to the United States (US) continued to grow, while imported goods from China slid in April—when US President Donald Trump imposed tariffs on America\’s trading partners.The latest preliminary data from the Philippine Statistics Authority […]

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