First-half collections reached nearly ₱492 billion after June revenue exceeded target by 3.43%, keeping the Bureau of Customs on pace to hit its annual goal.
Philippine financial markets ended the first week of the month on a high note on Friday, July 3, 2026, marking consecutive days of substantial gains amid stabilization efforts from global economic shocks.
The stock market regained some ground after two days of losses, while the local currency gave up part of its recent gains.
Unemployment eases to 4.7% as labor force rises to 51.3 million, still below 2025 levels.
Domestic repayments helped pull the total lower, even as currency movements pushed external obligations higher.
Measure seeks to shift the burden away from ordinary taxpayers, raise funds for healthcare, housing, and education.
Calls to tax the country’s wealthiest individuals more have resurfaced after lawmakers renewed their push for an ultra-wealth tax targeting billionaires and other ultra-wealthy Filipinos.…
Credit expansion outpaces bad loans, but economists warn external risks could pressure borrowers ahead.
Entrepreneurs call for digital-first registration and compliance rules as hybrid work reshapes the MSME landscape.
December output and sales rebounded, but full-year data show gains concentrated in a few industries.
The central bank signals measured easing as analysts weigh growth, fiscal, and currency risks.
