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The Heritage Foundation defines economic freedom as the fundamental right of any person to control his or her own labor and property such that individuals are fee to work, produce, consume, and invest in any way they please and that governments allow labor, capital, and goods to move freely and refrain from constraining liberty. Economic freedom, in turn, brings greater …

As financial technology (fintech) platforms proliferate, the Bangko Sentral ng Pilipinas (BSP) has launched a number of initiatives aimed at establishing adequate safeguards to manage the potential risks brought by these new technologies while providing enough room for companies to develop and implement their innovations.

The country’s underemployment rate fell to its lowest in over a decade, indicating the improvement of the quality of work nationwide, the National Economic and Development Authority said.

Agriculture Secretary Emmanuel Piñol volunteers to undergo a lifestyle check to clear his name amid what he claims as “orchestrated” insinuations of his involvement in anomalous rice importation transactions.

By Jann Ryan P. Padua Leaving the country to work in a foreign land, driven by the need to provide for the needs of the family. It is always a difficult decision. Dubbed as “modern-day heroes”, Overseas Filipino Workers (OFWs) have their own adventures and struggles to deal with head on.

By Tracy Cabrera In addressing the problem of malnutrition in the country, the Department of Health (DoH) is proposing the establishment of malnutrition wards in target hospitals to combat the growing rate of malnutrition in government medical facilities.

Dominguez III said the Bureau of the Treasury (BTr) is studying the “exact timing” of the issuance of the Marawi bonds in relation to the schedule of the delivery of the pledges raised by the government from the international community last week in Davao City.

The Duterte administration’s tax reform package that aims to lower the corporate income tax (CIT) and overhaul the country’s “convoluted” fiscal incentives system is projected to generate some 1.4 million jobs, mostly in small and medium enterprises (SMEs), over the next decade and create a business environment conducive to inclusive growth, according to Finance Secretary Carlos Dominguez III.

More than a year after the Marawi conflict ended, organizations working in the Marawi rehabilitation stressed the importance of promoting access to financial services and Islamic finance as part of the continuous recovery of families affected by the crisis.

Telecommunications firm PLDT, Inc. and its wireless subsidiary Smart Communications expects subscribers of its Home and Enterprise business segments to be able to avail of 5th generation technology (5G) capable services by next year.