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Sneaker, apparel retailers blindsided by tariffs on Asian factory hubs

Prices of Nike Jordan and Adidas Samba sneakers are likely to rise in the US after President Donald Trump imposed a raft of new tariffs on Vietnam, China, and Indonesia, key manufacturers of...

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Recto: Right to health isn’t about protecting idle funds

MANILA, Philippines – Finance Secretary Ralph Recto justified the move to collect Philippine Health Insurance Corporation’s (PhilHealth) excess funds as the money was used for healthcare projects...

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Inflation further slows to 1.8% in March amid subsiding rice, vegetable prices

MANILA, Philippines – Inflation in the Philippines continued to slow to 1.8% in March as vegetable, meat, and rice prices subsided, the Philippine Statistics Authority (PSA) reported on Friday, April...

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[Ask the Tax Whiz] Updates on tax credit/refund processing for excess...

How are tax credits earned and utilized by taxpayers? Tax credits are earned when a taxpayer overpays taxes through Creditable Withholding Tax (CWT) or Excess Quarterly Tax Payments Creditable...

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DOJ files tax evasion complaints vs Ever Bilena, Dioceldo Sy 

MANILA, Philippines – The Department of Justice (DOJ) has filed criminal complaints against cosmetics company Ever Bilena for tax evasion.  In a press release on Friday, April 4, the DOJ said four...

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When PhilHealth did not even cover 1% of a hospital bill

MANILA, Philippines – Supreme Court Associate Justice Jhosep Lopez said that one of the mandates of the Universal Health Care (UHC) law was to ensure that “no Filipino family should suffer as a...

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Kenneth Yang looks back on McDonald’s PH operations amid fresh franchise

Golden Arches Development Corporation (GADC) president and chief executive officer Kenneth Yang may call the shots at McDonald’s Philippines today. But at a press conference on Friday, April 4, he...

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Robinsons Pagadian: Gokongweis’ RLC opens 56th mall in Philippines

MANILA, Philippines – The Gokongweis’ Robinsons Land Corporation (RLC) opened its 56th mall in the Philippines on Thursday, April 3, in Pagadian City, Zamboanga del Sur, in the country’s southern...

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[Finterest] The winners of the best investment funds in 2025 are…

MANILA, Philippines – Picking an investment fund can be tricky, but some funds have proven themselves more than others. The CFA Society Philippines has released its annual list of the best-managed...

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FACT CHECK: Gov’t still settling national debt; 2023 report misinterpreted 

Claim: The administration of President Ferdinand Marcos Jr. has nearly paid off the national debt incurred by former president Rodrigo Duterte’s administration. Rating: FALSE Why we fact-checked this:...

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