President Marcos Jr. calls on congress to pass tax relief measures to help alleviate crisis felt by ordinary Filipinos:
1. Expand income tax exemptions to those earning P350K a year.
2. No minimum corporate taxes for small businesses
3. Amnesty for those who have not paid their income tax on time, estate, value added tax.. and penalties.
#SONA2026 @ANCALERTS@ABSCBNNews
MITSUKOSHI BGC had a grand opening launch in July 2023, following a soft opening in 2022. With its opening, it brought Japan’s first-ever department store to the Philippines. https://t.co/oRRMn74vqo
SAMSUNG Electronics Co., Ltd. on Wednesday previewed its new Flex Titanium technology for its next generation of Galaxy foldable devices, which are expected to be launched at its Galaxy Unpacked event on July 22. https://t.co/y4EW3BjgZI
AT LEAST seven in 10 Filipinos distrust banks even as more individuals express openness to saving and investing using financial platforms, a recent survey showed. https://t.co/7BWvj5PZLc
PHILIPPINE National Bank (PNB) said its property arm PNB Holdings Corp. (PHC) continues to prepare for its proposed listing by introduction on the Philippine Stock Exchange (PSE), while the timing of the transaction remains under review. https://t.co/0jqb4P6wku
THE PHILIPPINE ECONOMY may grow by just 3.5%-4.5% this year, well below the government’s initial 5%-6% target, as underspending and the fallout from the US-Iran war dampen economic activity, the Department of Economy, Planning, and Development said on Monday. https://t.co/jtQiSwwoT1
WATCH: Senate Secretary Renato N. Bantug, Jr. said there are two more articles of impeachment remaining for the marking of evidence.
He said he looks forward to finishing the articles of impeachment within the day to move forward with the pre-trial order.
Revenue collections from the government’s tax administration agencies remain on track to meet full-year targets, the Department of Finance said. https://t.co/SBXQQJHvKR
HEALTHCARE SPENDING accounted for a larger share of the Philippine economy in 2025, as inflation and increased spending boosted health expenditures. https://t.co/uyWipTkMSx
Cash remittances recorded its slowest annual growth in nearly four years in April as weak global economic conditions weighed on overseas Filipino workers’ ability to send money home. https://t.co/oPbHteJC7O
BANGKO SENTRAL ng Pilipinas will likely take a hawkish but measured stance at this week’s policy meeting as the slower-than-expected May inflation print lowered the odds of an outsized hike, Nomura Global Markets Research said. https://t.co/9cWda7HNhX
Inflation-adjusted wages were 23.2% to 29.9% lower than the current daily minimum wages across the regions in the Philippines in May 2026. https://t.co/kuCRMYzKxM
READ | April 2026 Unemployment Rate 📊
The unemployment rate in the Philippines was 4.7% in April 2026, up from 4.1% in April 2025. However, it was lower than the recorded January 2026 unemployment rate of 5.8%.
READ | April 2026 Number and Percent Distribution of Employed Persons by Sector 📊
The Services sector 🏢 continued to account for the largest share of employed persons in the Philippines at 62.3% in April 2026.
Breaking: The Philippine unemployment rate rose to 4.7% in April 2026 versus 4.1% in April 2025. Month-on-month the rate declined in April versus the 5% reported in March. @bworldph
READ | Hours Worked of Employed Persons per Week in April 2026 🕒📊
In April 2026, employed persons in the Philippines worked an average of 40.2 hours per week, higher than the average recorded in April 2025 at 39.9 hours
READ: The US Embassy in the Philippines said it is coordinating with Filipino authorities to support the country’s response to the magnitude 7.8 earthquake that hit Mindanao on Monday. | @bworldph
📷: US Embassy in the Philippines/X