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Business Today

Economist: Employment Data Likely Improved In May

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Economist Michael Ricafort highlights the potential impact of improved weather on agricultural employment statistics for May 2024.

Philippines Exceeds Gross National Income Per Capita Target In 2023

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The Philippines is making strides in economic development, surpassing the 2023 GNI per capita target. NEDA Secretary Balisacan sees us reaching upper middle-income status by 2026.

Thai Foreign Minister Praises Philippine Economic Performance Under Marcos Admin

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In discussions with Philippine officials, Thai Foreign Minister Maris Sangiampongsa lauds economic achievements.

Philippines To Gain Over PHP2 Trillion Annually From AI-Powered Solutions

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Secretary Balisacan of NEDA highlights that the Philippines could see a PHP2 trillion annual boost from AI solutions if internet infrastructure is improved.

DTI Wants AI Research Center To Be Revenue-Generating

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Secretary Alfredo Pascual of DTI announced that the newly launched CAIR will focus on revenue-generating AI research and development.

Local Pharma Makers Eye Higher Share In Government Procurement

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By 2030, the Philippine Pharmaceutical Manufacturers Association plans to increase local manufacturers' share in government procurement from less than 5 percent to 50 percent.

DTI Vows To Continue Aid For MSME Resiliency Amid Wage Hike

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DTI Secretary Alfredo Pascual pledges continued support for businesses amidst Metro Manila's minimum wage adjustments.

DBM Oks PHP110 Million Funding For Malikhaing Pinoy Program

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The DTI's request for PHP110 million to boost the creative industry has been granted by the DBM.

BIR Allows Use Of Remaining Official Receipts Until Fully Consumed

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Official receipts can now be used until fully consumed, following orders from Commissioner Romeo Lumagui Jr. to the BIR.

PCCI Urges Government To Look At Power Subsidy As Key To Lure Investors

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The government should consider Philippine Chamber of Commerce and Industry's power subsidy proposal to enhance investment appeal.
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