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Urgent Reforms To Help Philippines Cut Poverty Rate To 2.9 Percent By 2040

A World Bank report highlighted the need for stronger job creation and household resilience to accelerate poverty reduction.

New Clark City To Host Utility-Scale Solar, Battery Storage Facility

The planned renewable energy project will combine solar power generation with battery storage technology in New Clark City.

APECO Sees Growth Under New Government Investment Priority Plan

APECO sees new opportunities as the government’s investment priority plan promotes emerging and high-impact industries.

Free Online Mentorship For Entrepreneurs Opens Anew In Ilocos Norte

DTI is inviting business owners to take advantage of a no-cost mentorship initiative designed to support enterprise growth.

Government Records More Than PHP30 Billion Budget Surplus In April

The April budget surplus helped reduce the country’s overall budget deficit from January to April, the BTr said.

BSP Oks New Framework To Help Banks Maintain Credit Flow In Downturns

Universal and commercial banks are now authorized to set aside funds under the Positive Neutral Countercyclical Capital Buffer framework.

BSP Urges Businesses To Adopt PERA Program For Employees

The Bangko Sentral ng Pilipinas highlighted the tax incentives offered by the PERA program for both employers and workers.

Philippine Foreign Reserves At USD104.3 Billion As Of End-April

The Bangko Sentral ng Pilipinas said the country’s reserves remain adequate despite the balance of payments deficit.

Over 20 Firms Planning To Invest In Luzon Economic Corridor

The investments are expected to focus on the first AI-native industrial acceleration hub under Pax Silica.

BIR To Assist Taxpayers On Last Day Of Income Tax Returns Filing

The agency said assistance services will be available for taxpayers on the last day of AITR filing.

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