The Market Monitor Minding the Nation's Business

President Rodrigo Duterte has certified as urgent a proposed measure seeking to improve the government’s tax collection on Philippine Offshore Gaming Operators (POGO).

At least half of the total retail transactions will be online as early as next year or one year ahead of the 2023 target of the Bangko Sentral ng Pilipinas (BSP) as the regulator continues to ramp up efforts to transform the Philippines to a cash-lite from a cash-heavy economy.

Bank lending worsened its slump in April to post its worst contraction in over two decades, a grim reminder of the limits of the central bank’s powers in supporting the country’s pandemic-hit economy.

THE Philippines will be among the first countries to benefit from the 80 million doses of donated Covid-19 vaccines from the United States (US).

The COVID-19 pandemic’s impact on the Philippine’s Travel & Tourism sector last year wiped out $37 billion from the nation’s economy and caused two million to lose their jobs.

The Department of Finance (DOF) bucked assertions that the Philippines will be the “laggard in Asia” in a post-pandemic world.

People in the so-called NCR Plus may now visit modified general community quarantine (MGCQ) areas for tourism purposes, the Department of Tourism (DOT) announced here Tuesday.

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The rise of Clark as a smart, green, and disaster-resilient metropolis was showcased at the 2021 Urban Land Institute (ULI) Asia-Pacific Summit, featured as a model city alongside other “innovative and unique” urban developments in Tokyo, Hong Kong and Melbourne. 

Beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps) in Parañaque City were able to avoid long queues, hours of waiting time, and health risks from COVID-19, by receiving their cash grants thru their cash cards.