A picture illustration shows a $100 banknote laying on $1 banknotes. — REUTERSBy Katherine K. ChanTHE PHILIPPINES’ balance of payments (BoP) position swung to a surplus in October, narrowing the country’s external position gap in the 10-month period, the central bank said.Data from the Bangko

SHOPPERS look for canned goods at a supermarket in Mandaluyong City. — PHILIPPINE STAR/MIGUEL DE GUZMANBy Kenneth Christiane L. Basilio, ReporterTHE Department of Finance (DoF) expressed “strong reservations” regarding a proposal to lower the value-added tax (VAT) rate, warning it could cost the government more

REUTERSBy Aubrey Rose A. Inosante, ReporterTHE PHILIPPINE government has collected almost P7 billion from a 12% value-added tax (VAT) on digital services, the Department of Finance said, providing a lift to revenue intake at a time when slower growth and a corruption probe are weighing

A TEACHER checks computers at a school in Manila. _ PHILIPPINE STAR/EDD GUMBANTHE DEPARTMENT of Information and Communications Technology (DICT) is aiming to increase the share of the digital economy to gross domestic product (GDP) to 12.5% by 2028, by fast-tracking digital infrastructure projects and

Photo from deped.gov.phThe country’s education system shows strain across many stages of learning, starting from early childhood and stretching through college. Yet, it remains one of the least supported areas in public policy.According to the Philippine Statistics Authority, 24 million Filipinos ages 10 to 64

By Brontë H. Lacsamana, ReporterTHE QCINEMA International Film Festival’s shorts program this year has expanded to a whopping 26 films, spread out across five sections. In QCShorts International 2, five filmmakers turn their attention to the realities that ignite pockets of resistance — within communities,

1 of 3Listen to carols at The PeninsulaTHE Peninsula Manila celebrates Christmas in November with some of Manila’s finest choirs performing in The Lobby. Performing on Nov. 21 is the Servus Dei Vocal Ensemble. The carol-filled month will end with the Mapúa Cardinal Singers on

Photo from deped.gov.phA Filipino adage dubs education as the greatest inheritance a parent can give to their child. Such is the importance of learning in the Philippines, where it is a right and where the government is mandated to ensure its accessibility and quality for

MEGAWIDE.COM.PHMEGAWIDE Construction Corp. raised P3 billion from its Series 7 preferred shares follow-on offering, which was oversubscribed 2.3 times, signaling investor confidence in the company’s expansion plans, its president said.“The listing of our oversubscribed Series 7 preferred shares is a powerful vote of confidence and

PHINMA.COM.PHPHINMA HOSPITALITY, Inc., the hospitality arm of Del Rosario-led PHINMA Corp., plans to add 350 rooms across its hotel properties in Pasay, Bacolod, and Davao starting next year.“With regards to the number of rooms, in (Microtel) Mall of Asia, we’re adding 100. In terms of