French President Emmanuel Macron wins re-election with 58.6 percent of the vote compared to Marine Le Pen’s 41.4 percent. He is the first French president in 20 years to win a second term. Far right gains dampened his victory celebrations on Sunday night....
Gov’t Urged: Open Borders, Economies. The World Travel and Tourism Council projected 120 million new jobs to be generated by the sector across the globe over the next decade. WTTC president and chief executive officer Julia Simpson said governments should...
Jose Maria Concepcion 3rd warned that sliding back to Alert Level 3 will be disastrous to the economy. Experts appealed to consider rolling out a new round of booster shots as a proactive measure against the projected surge in infections in May. Dr. Ted Herbosa of the...
Philippines on track for ‘full recovery’ from recession in 2020, central bank governor says. Analysts warn of headwinds from the Russia-Ukraine war and potential US economic slowdown. Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno said countries...
ADB: To assist the Philippines recover from the pandemic, the country will need to implement substantial tax reforms. Tax yields in the region average at 17.6% of gross domestic product (GDP), significantly below the regional average of 24.9 percent. According to the...
MORE INVESTMENTS are expected to enter the country after the May election as investors await the new administration, according to the top Philippine Economic Zone Authority (PEZA) official. The Philippines is holding its national elections on May 9. Investors...
