The Bottomline
The official publication of PICPA Negros Oriental Chapter
Third quarter issue series of FY 2022-2023
Business News
Latest updates from different government agencies, and more!
Government Updates
New year, new updates! Here's a collection of some government updates you should know
SEC Grants amnesty for non-filing and late filing of GIS, AFS, and non-compliance with MC 28
Economy Updates in Negros Oriental
Starting February 2022, the Philippine Statistics Authority (PSA) released the rebased Consumer Price Index (CPI) for all income households to base year 2018, from base year 2012 as announced in the press release number 2022-01 dated 04 January 2022. The CPI series for all income households for January 2023 onwards will be 2018-based.
The province’s inflation rate has decreased from 8.4 percent in February 2023 to 6.3 percent in March 2023. In March of the previous year, inflation was lower at 6.1 percent. (Figure 1 and Table 2).
The province’s inflation rate was lower than the region’s inflation rate.
Source: Philippine Statistics Authority (PSA) Learn more...
Holiday Alerts!
By virtue of Presidential Proclamation No. 90 s. 2022, some holidays were adjusted pursuant to the principle of holiday economics: long weekends encourage domestic travel, and therefore increase tourism expenditures in the Philippines. So expect more long weekends in 2023!
Mark your calendars and plan for your next outing!
