DOTR PHOTOTHE Department of Transportation (DoTr) may open the Swiss challenge for the New Bohol-Panglao International Airport next month and is still awaiting approval from the National Economic and Development Authority (NEDA) for the proposal to upgrade the airport. “For the Bohol-Panglao airport, we are

DPWHBy Kyle Aristophere T. Atienza, ReporterTUNNELING works for a proposed 45.6-kilometer bypass road in Davao region is expected to be finished this year, keeping the overall project on track for completion by 2028, the public works department said.“The 2.3-kilometer tunnel is almost done, (and may

PHILIPPINE STAR/MIGUEL DE GUZMANTHE Department of Trade and Industry (DTI) said that it will start to indicate unit cost in the suggested retail price (SRP) bulletin and launch an artificial-intelligence (AI)-powered price monitor application to guide consumers.“Because the DTI wants to address consumer concerns with

The Bangko Sentral ng Pilipinas main office in Manila.ELEVATED inflation will likely prompt the Bangko Sentral ng Pilipinas (BSP) to delay its rate-cutting cycle to the fourth quarter, DBS Bank Ltd. said.“Factoring in these drivers, we revise our 2024 inflation forecast to 3.7% year on

PHILSTAR FILE PHOTOAPPROVED building permits fell 5.5% year on year in February, a reversal from the 12.5% growth posted a year earlier, the Philippine Statistics Authority (PSA) said in a report.Preliminary PSA data indicated that building projects covered by the permits numbered 13,100, equivalent to

PHILIPPINE STAR/MICHAEL VARCASCONSUMER SPENDING has yet to return to its pre-pandemic growth track amid sticky inflation and “smaller policy support” for households, according to Moody’s Analytics.“Goods consumption trends have seen greater variation. In most economies in the region, it never surged above the pre-pandemic trend

IN BRIEF:• Results from the 2024 International Tax and Transfer Pricing Survey highlighted the need for robust transfer pricing policies given new international tax risks. • Among pressing concerns include effective tax rate stability, particularly with the implementation of the Base Erosion and Profit Shifting

ARMED FORCES OF THE PHILIPPINESBy Kyle Aristophere T. Atienza, ReporterA US think tank on Sunday said it had spotted unusual movements of Chinese maritime militia vessels in the South China Sea, days before the start of military drills with the United States beyond the Philippines’

PHILSTARTHE PHILIPPINES on Sunday said it shares the Group of Seven (G7) vision of a stable and secure Indo-Pacific region and stands firm against any actions that undermine international security and stability.“We want to see a South China Sea of peace, stability and prosperity, and

XAVIER SMET-UNSPLASHBy Chloe Mari A. HufanaFILIPINO fisherfolk on Sunday decried declining fish catch due to black sand mining in Cagayan province in northern Philippines.“Due to the large amount of black sand extracted in Aparri, Cagayan, the land has been eroded,” Martin V. Solares, chairman of