CONSUMER SPENDING has yet to return to its pre-pandemic growth track amid sticky inflation and “smaller policy support” for households, according to Moody’s Analytics. “Goods consumption trends have seen greater…
Economy
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IN BRIEF: • Results from the 2024 International Tax and Transfer Pricing Survey highlighted the need for robust transfer pricing policies given new international tax risks. • Among pressing concerns…
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THE Department of Trade and Industry (DTI) said that it will start to indicate unit cost in the suggested retail price (SRP) bulletin and launch an artificial-intelligence (AI)-powered price monitor…
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ELEVATED inflation will likely prompt the Bangko Sentral ng Pilipinas (BSP) to delay its rate-cutting cycle to the fourth quarter, DBS Bank Ltd. said. “Factoring in these drivers, we revise…
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APPROVED building permits fell 5.5% year on year in February, a reversal from the 12.5% growth posted a year earlier, the Philippine Statistics Authority (PSA) said in a report. Preliminary…
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By Justine Irish D. Tabile, Reporter THE European Union (EU) is expected to look into the opening up of government procurement and full market access to public utilities in negotiating…
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THE Department of Transportation (DoTr) may open the Swiss challenge for the New Bohol-Panglao International Airport next month and is still awaiting approval from the National Economic and Development Authority…
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By Kyle Aristophere T. Atienza, Reporter TUNNELING works for a proposed 45.6-kilometer bypass road in Davao region is expected to be finished this year, keeping the overall project on track…
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THE “decoupling” of the US and Chinese economies could affect Philippine trade as manufacturers rely on demand from both countries, with China also being a key source of imports, according…
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AXELUM Resources Corp. signed a 10-year coconut water supply deal Thursday with US customer The Vita Coco Company., Inc. Axelum Chairman and Chief Executive Officer Romeo I. Chan said that…