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THE reduction in rice tariffs is not completely off the table as the economic managers are set to review the lower rates imposed by President Marcos Jr. on certain agricultural commodities under his Executive Order (EO) 10.
JAPAN-BASED Rating and Investment Information Inc. (R&I) on Monday upgraded its outlook on the Philippines from stable to positive while affirming the country’s BBB+ credit rating due to its improving economic performance despite global “uncertainty.”
Finance Secretary Benjamin E. Diokno lauded the Senate’s approval of the extension of estate tax amnesty until 2025 adding the law would allow government to collect more revenues from errant taxpayers.
THE proposed Maharlika Investment Fund (MIF) will allow the Philippines to expand its financing sources, especially when it becomes an upper-middle income state, a status that restricts it from tapping “less expensive” Official Development Assistance (ODAs).
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