Philippine GDP slows down to 5.6% due to re-enacted budget
May 9, 2019
The Philippine economy slowed down to 5.6 percent in the first quarter of this year due to the delay on the passage of the 2019 budget, the government’s top economist said on Thursday. The latest gross domestic product (GDP) growth
Taxpayers reap P111.7b cash windfall from income tax cuts: DOF
May 9, 2019
Filipino taxpayers have reaped a cash bonanza of P111.7 billion in personal income tax cuts in 2018 with the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law, the first package of the Duterte administration’s Comprehensive Tax Reform
Dominguez sees higher GDP growth following 2019 budget OK
May 9, 2019
Finance Secretary Carlos Dominguez III expects the domestic economy to expand at a higher clip for the rest of the year as inflation heads towards the official target range of 2-4 percent and the government speeds up implementation of infrastructure
Foreign tourist arrivals up 7.6% in first quarter
May 9, 2019
The Philippines welcomed 2,204,564 foreign visitors in the first three months of 2019 for a 7.59 percent rise from 2,049,094 over the same period. DOT Secretary Bernadette Romulo Puyat said in a statement Thursday: “The DOT is working on enhancing
Philippine GDP at 5.6%, slowest in 16 quarters: Pernia
May 9, 2019
The Philippine economy grew at its slowest pace in 16 quarters due to failure to pass the 2019 budget, Socioeconomic Planning Secretary Ernesto Pernia said Thursday. Gross domestic product grew by 5.6 percent in the first quarter of 2019, the
Emperor performs 1st palace ritual after enthronement
May 8, 2019
Tokyo–Japan’s new Emperor Naruhito on Wednesday performed his first sacred ritual in the Imperial Palace after he ascended the throne May 1. In the “Kijitsu-Hokoku-no-Gi” ritual at the Imperial Sanctuaries, Emperor Naruhito reported to his ancestors the dates of key
342 Heatstroke sufferers taken to hospital in Japan last week
May 8, 2019
Tokyo–A total of 342 people were taken to hospital due to heatstroke in Japan in the week to Sunday, the Fire and Disaster Management Agency said Wednesday. No one died from heatstroke during the week, according to this year’s first
Japan OKs defense logistics pacts with Canada, France
May 8, 2019
Tokyo–Japan’s parliament approved on Wednesday acquisition and cross-servicing agreements with Canada and France. The House of Councillors, the upper chamber, passed the two pacts by a majority vote with support mainly from the ruling coalition. The ACSAs, which will enable
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