THE Department of Finance (DoF) said US President Donald J. Trump’s proposed tax on remittances will put a “minimal” dent of between $19.1 million and $148.4 million on money sent home by overseas ...

THE EVENTUAL integration of wholesale cross-border payments in the ASEAN Regional Payment Connectivity (RPC) system will require regulators to monitor and manage capital flows, the ASEAN+3 ...

THE average price of power on the Wholesale Electricity Spot Market (WESM) declined 3.9% in June, the Independent Electricity Market Operator of the Philippines (IEMOP) said on Thursday. IEMOP ...

THE Department of Agriculture (DA) said it will lower the maximum suggested retail price (MSRP) for imported rice to P43 from P45 per kilogram starting July 16. The P2 adjustment was initially ...

THE Department of Finance (DoF) said on Thursday that the Asian Development Bank (ADB)-funded road and bridge projects in Mindanao are on track to be completed on schedule. In a statement, the DoF ...

THE PESO climbed to a near three-week high against the dollar on Thursday amid weak US data that bolstered bets of further US Federal Reserve cuts. The local unit closed at P56.25 per dollar, jumping ...

PHILIPPINE STOCKS climbed on Thursday amid expectations that domestic inflation remained below target last month despite an expected uptick due to the Iran-Israel conflict. The Philippine Stock ...

PRESIDENT Ferdinand R. Marcos, Jr. is expected to shift his focus to grassroots reforms to improve the lot of Filipinos, as he seeks to cement his legacy in the second half of his six-year term, ...

THE MINES and Geosciences Bureau (MGB) on Thursday urged communities and local governments in Luzon and Mindanao to stay on high alert for rain-induced landslides and flash floods as a low-pressure ...

A PHILIPPINE senator on Wednesday filed a bill for a P250 across-the-board pay increase for private sector workers, in a push to revive the wage hike lobby that failed in the previous Congress. The ...