Study: Metro Manila wages not keeping up with inflation
MANILA, Philippines — The daily minimum wage in Metro Manila has not kept up with the rate of inflation or even the productivity of Filipino workers, according to IBON Foundation.
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GSIS, PLDT unit partner for IT disaster resilience
MANILA, Philippines — State-run pension fund Government Service Insurance System (GSIS) has renewed its collaboration with the data center subsidiary of telco giant PLDT Inc. for better information technology disaster resilience.
Sans new taxes, government eyes higher revenues until 2028
MANILA, Philippines — The economic team is still shooting for higher revenues starting next year until the end of the Marcos administration even as it remains firm on not imposing tax measures that could be inflationary and burdensome to Filipino consumers.
Palace propose P6.352 trillion 2025 budget
MANILA, Philippines — The Marcos administration is proposing another record budget of P6.352 trillion for 2025 as the government moves to finance its priority programs and achieve its macroeconomic targets.
Government raises P60 billion from sale of T-bills
MANILA, Philippines — The government managed to borrow P60 billion in short term securities this June, hitting its target for the sixth straight month.
Pagcor warns of P20 billion revenue loss from POGO ban
MANILA, Philippines — The Philippines is expected to lose at least P20 billion annually if the government will heed the call to ban Philippine offshore gaming operators (POGOs).
DOF chief: No objection to banning POGOs
MANILA, Philippines — Finance Secretary Ralph Recto is not opposing the calls to ban Philippine offshore gaming operator (POGO) firms as the sector gets the spotlight anew because of embattled Bamban Mayor Alice Guo.
BFP gets P2.88 billion to boost emergency response
MANILA, Philippines — The Department of Budget and Management has released P2.88 billion to strengthen and modernize the government’s emergency response to fires.