The Philippine trade gap narrowed in November as imports posted slight growth while exports continued to decline, data released by the Philippine Statistics Authority (PSA) reported Wednesday.
AirAsia said it was banking on the Philippines to drive its growth given the country's “tourism potential,” with plans to launch flights to the United States by next year.
President Ferdinand “Bongbong” Marcos Jr. signed Republic Act No. 11976 or the “Ease of Paying Taxes Act” into law in a bid to boost the economy and protect taxpayer rights.
The rate of increase in prices for consumer goods and services in the Philippines continued its downtrend for the third straight month in December 2023 amid slower increases in utility and food costs, the Philippine Statistics Authority (PSA) reported on Friday.
Motorists will be greeted with cheaper pump prices starting Tuesday, as oil firms on Monday announced a downward adjustment for the first week of the year.