Debt-to-GDP ratio grows to 63.1% at end of June - BusinessWorld Online                                    BW FILE PHOTOTHE National Government’s (NG) debt as a share of gross domestic product

REUTERSBy Justine Irish D. Tabile, ReporterTHE Semiconductor and Electronics Industries in the Philippines, Inc. (SEIPI) said the proposed 100% tariff on semiconductors entering the US market would be “devastating” to Philippine exporters.“The 100% tariff would be devastating,” SEIPI President Danilo C. Lachica said via Viber.US

Filinvest New Clark City (Artist’s Perspective)THE Bases Conversion and Development Authority (BCDA) said it approved P53.5 billion worth of proposed investments in the first seven months.In a statement on Thursday, the BCDA said approvals during the period rose 63.82% from a year earlier.These projects are

PHILSTAR FILE PHOTOTHE suspension of rice imports for 60 days is not likely to drive inflation due to ample supplies of the staple grain, the Department of Economy, Planning, and Development (DEPDev) said.“Even if we suspend import during the harvest — that is, September and

THE incoming chairman of the Energy Regulatory Commission (ERC) committed to clearing the backlog of rate reset applications within four years by streamlining the review process.“Within four years, we will complete the rate reset of all private distribution utilities under the performance-based regulation,” ERC Chairperson

NOEL PABALATE/PPA POOLDEALS signed between India and the Philippines are expected to accelerate the growth of business exchanges and leisure travel, officials said.In a statement on Thursday, the Department of Tourism (DoT) said both countries agreed to the Implementation Program on Tourism Cooperation for 2025-2028

Port cargo volume up 5.48% in 2nd quarter - BusinessWorld Online                                    ICTSITHE Philippine Ports Authority (PPA) said port cargo volume grew 5.48% in the second quarter,

THE Philippine Chamber of Commerce and Industry (PCCI) said it will be participating in five more foreign trade missions this year to help attract new investment to the Philippines.“We are hoping to showcase the Philippines as the new investment hub,” PCCI President Enunina V. Mangio

PHILIPPINE STAR/KRIZ JOHN ROSALESPHILIPPINE STOCKS edged lower on Thursday to end a four-day climb as the market reacted to second-quarter gross domestic product (GDP) data and amid renewed tariff concerns following fresh threats from US President Donald J. Trump.The bellwether Philippine Stock Exchange index (PSEi)

Philippine central bank developing online gambling rules for banks, e-wallets - BusinessWorld Online                                    REUTERSBy Luisa Maria Jacinta C. Jocson, Senior ReporterThe Bangko Sentral ng Pilipinas (BSP)

PRESIDENT Ferdinand R. Marcos, Jr. is welcomed by Indian Prime Minister Narendra Modi in New Delhi in this photo dated Aug. 5. — NOEL PABALATE/PPA POOLPRESIDENT Ferdinand R. Marcos, Jr. on Wednesday called on like-minded nations to take a stronger, more assertive role in defending

PRESIDENT Ferdinand R. Marcos, Jr. and the Philippine delegation at the Philippines-India Business Forum in Bengaluru, India on Aug. 7. — NOEL B. PABALATE/PPA POOLTHE PHILIPPINES and India signed 18 business agreements on Thursday, expanding economic cooperation across key sectors such as renewable energy, education,