Angela Celis's profile photo

Angela Celis

Philippines

Business Reporter at Malaya Business Insight

Malaya Business Insight

Featured in: Favicon malaya.com.ph Favicon lavozdeltajo.com Favicon tfa.ph

Articles

  • World Bank to PH: Unlock private sector potential to fuel economic growth

    1 week ago | malaya.com.ph | Angela Celis

    Boosting private sector activity and creating more jobs will be crucial for the Philippines to sustain inclu-sive economic growth amid growing global uncertainty and domestic risk, the World Bank said in its lat-est Philippine Economic Update released on Thursday. The Washington-based agency kept its growth forecasts for the Philippines at 5.3 percent, 5.4 percent, and 5.5 percent for 2025, 2026 and 2027, respectively.

  • BIR warns of possible 2025 goal reduction given slower Q1 growth

    1 week ago | malaya.com.ph | Angela Celis

    Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. said the agency may revise its P3.2-trillion collection target for 2025 lower following the slower-than-expected economic growth in the first quarter. Speaking at the Kapihan sa Manila Bay forum on Wednesday, Lumagui said discussions are ongoing on whether to recalibrate the goal in light of recent data for gross domestic product (GDP). “It’s possible, given that our collection target is based on GDP growth.

  • ED Council approves 10-yr extension of Maynilad, Manila Water concessions

    1 week ago | malaya.com.ph | Angela Celis |Jed Macapagal

    THE Economy and Development (ED) Council, formerly known as the National Economic and Development Authority (NEDA) Board, approved on Wednesday the 10-year extension of the concession agreements for Maynilad Water Services, Inc. and Manila Water Company, Inc.

  • BCDA turns over record P5.17B to treasury, draws praise from DOF - Malaya Business Insight

    1 week ago | malaya.com.ph | Angela Celis

    Finance Secretary Ralph Recto lauded the Bases Conversion and Development Authority (BCDA) for remitting a record P5.17 billion to the national treasury, calling it a “dividend for development” that strengthens public services without burdening taxpayers. In a statement issued on Tuesday, Recto said: “This amount is not a mere number in our ledger.

  • PH committed to adopting crypto reporting framework — DOF - Malaya Business Insight

    1 week ago | malaya.com.ph | Angela Celis

    ‘Crypto asset users must pay tax’The Department of Finance (DOF) has affirmed the Philippines’ commitment to adopt a global reporting framework for crypto assets in a bid to curb cross-border tax evasion and illicit financial flows. Under this framework, crypto asset users must pay their fair share of tax, the DOF said on Tuesday.

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Angela Celis
Angela Celis @malaya_acelis
29 Jun 20

RT @mylaiglesias: Airlines’ losses could double to P12B https://t.co/py0MvwCD47 via @Malaya_Online

Angela Celis
Angela Celis @malaya_acelis
7 May 20

RT @NEDAhq: .Sec. @_karlchua: This is the first time real GDP growth fell into negative territory since 1998 during the combined El Niño an…

Angela Celis
Angela Celis @malaya_acelis
7 May 20

JUST IN: Philippines' first quarter GDP declined by 0.2 percent. The @PSAgovph said that this is the first contraction since the fourth quarter of 1998. @Malaya_Online