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Economic team crosses fingers for 6-6.5 percent GDP growth in 2019


 

Trade gap narrowed in Oct

Dec 11, 2019

Predictions estimate Philippine economy to grow between 6 and 6.5 percent this year largely because of easing inflation though tugged in part by slow growth in external trade.

 

Dec 11, 2019

Merchandise exports slightly recovered while imports continued to decline year-on-year for the seventh straight month in October, allowing the peso to strengthen.

 


DOF sees Congress imposing ‘sin’ taxes in 2020
 

Dec 11, 2019

The Department of Finance (DOF) expects Congress to pass new measures increasing taxes on alcohol, heated tobacco and vaping products right after it approved the 2020 national budget.