日米財務相が会談 円安傾向の為替巡り議論か
Category: economy
9-month Cebu Pacific passenger traffic jumped 14% to 20M
MANILA, Philippines — Cebu Pacific of the Gokongwei Group realized a 14-percent jump in passenger volume in the first nine months of 2025, with the budget carrier expecting stronger figures in the last stretch of the year. The airline on Wednesday said that it carried 20 million passengers in the first nine months, up from
Remittances to the Philippines grew at a faster 3.2% in August
MANILA, Philippines — Remittances from overseas Filipinos grew at a faster clip in August, reflecting their resilience amid global headwinds, and likely to remain strong through year’s end as the early onset of the holiday season in the Philippines encourages expatriates to send more money home. Cash remittances coursed through banks rose by 3.2 percent
DOF set to form group to ease investor tax, nontax concerns
MANILA, Philippines — The Department of Finance (DOF) will establish a multisectoral working group with private sector partners to tackle tax and nontax issues that have unsettled investors, part of a broader effort to improve the country’s business climate. The initiative was a product of a dialogue on Oct. 14 between Finance Secretary Ralph Recto
Antitrust body clears City & Land, CDC merger
MANILA, Philippines — City & Land Developers Inc. has moved a step closer toward its exit from the Philippine Stock Exchange (PSE) via a merger with its parent firm, Cityland Development Corp. (CDC). This, after securing clearance from the Philippine Competition Commission (PCC). In a regulatory filing on Wednesday, CDC said the antitrust body had
DTI readies safeguard duty on imported cement
MANILA, Philippines – The Department of Trade and Industry (DTI) intends to impose a safeguard duty on cement imports to ensure a level playing field and protect the local industry. In a statement on Tuesday, the DTI said imported cement will be slapped with a safeguard duty of P14 per 40-kilogram bag of Ordinary Portland