
DOF begins progress on ProGRESS bill
The Department of Finance (DOF) said it has begun nationwide consultations on the proposed Promoting Growth, Revenue, and Equity toward Socioeconomic…
· 2 MIN READ
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The Department of Finance (DOF) said it has begun nationwide consultations on the proposed Promoting Growth, Revenue, and Equity toward Socioeconomic…
· 2 MIN READ

‘As of the end of the second quarter of this year, we are only at a shortfall of about 7 percent year on year in terms of public spending.’
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Government contractors need to be classified as corporations vested with public interest requiring the election of independent directors and the presence of…
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The Bangko Sentral ng Pilipinas (BSP) has continued its tightening bias, hiking its key policy rate by another 25 basis points amid persistent upside risks to…
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The Bangko Sentral ng Pilipinas (BSP) conducted a briefing on the country’s foreign exchange (FX) regulations on 6 July 2026 as part of efforts to promote…
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A “self-made tech billionaire,” once hailed by the local business press as the next Philippine “Bill Gates,” is now a high-ranking state technology official…
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The Philippine Stock Exchange Inc. (PSE) reported a 19.8 percent increase in first-half net income to P608.38 million from P508.03 million a year earlier,…
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Only 14.3 percent of Philippine respondents said they were very confident in the ability of the next generation to handle family wealth, compared with 16.7…
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Security Bank Corp. reported P6.1 billion in net income for the first half of 2026, up 4 percent year-on-year, as stronger revenues, improved operating…
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Banking remained SM Investment Corp.’s largest earnings contributor, accounting for 47 percent of group net income, followed by property at 27 percent, retail…
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Pag-IBIG Fund posted a record P41.35 billion in net income in the first half of 2026, up 24 percent from the same period last year, driven by sustained…
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Filinvest Land Inc. (FLI) posted a 4 percent increase in net income to P2.21 billion in the first half of the year, as reservation sales jumped 50 percent and…
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LT Group Inc. (LTG) saw its attributable net income rise 14 percent to a record P17.03 billion in the first half of 2026, driven mainly by higher earnings from…
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The House Committee on Ways and Means on Monday, 10 August, approved a measure seeking to raise the annual income tax exemption threshold from P250,000 to…
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Universal Robina Corporation (URC) grew its second-quarter profit by 10 percent as strong demand for its branded food products and animal nutrition business…
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A senator-judge in Vice President Sara Duterte’s impeachment trial on Wednesday questioned whether there was a conflict of interest with defense lawyer Michael…
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In its legal opinion, the Law Department said the requirement does not impose an additional qualification for elective office because it merely requires…
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The Philippines’ newfound upper-middle-income country (UMIC) status is unlikely to have a tangible impact in the near term, according to risk management firm…
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