EO extends to 3 years zero duty on imports of capital equipment, spare parts

President Rodrigo Duterte on July 19 signed Executive Order (EO) No. 85, series of 2019, which extended for three years the application of zero-rate duty…

PH 2018 economic growth at 6.2%, short of lowered target

The Philippine economy grew 6.2% in 2018, lower than the government’s downgraded target of 6.5% to 6.9% and down from the 6.7% growth in…

PH production index sags in September

Decreases in the production of petroleum, transport equipment, and export-oriented products led to the decline in Philippine manufacturing output for September 2017, according to…

Transport crisis, rice tariff bills among LEDAC’s priority measures

The Legislative-Executive Development Advisory Council (LEDAC) has included the National Transport Act (NTA) and the rice import tariff bill among the 28 priority bills…

Construction, exports drive PH manufacturing growth in May

The increase in production of construction products and export-oriented goods boosted the growth of Philippine manufacturing in May 2017, according to the National Economic…

PH manufacturing output slows in January

Increased production of basic metals, transport equipment, petroleum products and food manufactures continued to drive Philippine manufacturing output in January 2017, according to the…