New Covid surge will be disastrous – Concepcion

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...

BSP bullish on PHL’s ‘full recovery’

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...

Here’s a look at the new Miss Universe PH crown

Metro Manila (CNN Philippines, April 20) — The Miss Universe Philippines Organization on Tuesday unveiled the La Mer En Majesté Crown, which will be perched on the head of the new queen on April 30. The organization said the new crown was created in partnership with...

Bold tax reforms seen to help economy recover

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...