• Contact
Monday, June 23, 2025
Register
Login
European Press
Advertisement
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Entertainment
  • Lifestyle
  • Video
No Result
View All Result
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Entertainment
  • Lifestyle
  • Video
No Result
View All Result
European Press
No Result
View All Result

Trump’s proposed tax on remittances ‘a concern’ for PHL

19 June 2025
in Business
Reading Time: 5 mins read
A A
Trump’s proposed tax on remittances ‘a concern’ for PHL
ShareShareShareShareShare

By Aubrey Rose A. Inosante, Reporter

US PRESIDENT Donald J. Trump’s proposal to tax the money sent home by foreign workers, may hurt the Philippine economy as remittances and household consumption are likely to slow, experts said.

Finance Secretary Ralph G. Recto said the “One, Big, Beautiful Bill Act,” if passed into law in the US, is “a concern” for the Philippines which relies heavily on remittances from overseas Filipino workers (OFWs).

Support authors and subscribe to content

This is premium stuff. Subscribe to read the entire article.

Login if you have purchased

Subscribe

Gain access to all our Premium contents.
More than 100+ articles.
Subscribe Now

Related Posts:

  • Trump’s proposed tax on remittances ‘a concern’ for PHL
    Trump’s proposed tax on remittances ‘a concern’ for PHL
  • Cash remittances jump 4% in April
    Cash remittances jump 4% in April
  • Remittance growth hits 9-month low
    Remittance growth hits 9-month low
  • BoP deficit widens to $2.56B in April
    BoP deficit widens to $2.56B in April
ShareTweetSendPinShare
Previous Post

Exports to hit $110 billion if Philippines keeps its advantage amid US tariffs

Next Post

BSP delivers 2nd straight rate cut

Next Post
BSP delivers 2nd straight rate cut

BSP delivers 2nd straight rate cut

Recommended

The worlds first robotic vertical farm resembles a Rubiks Cube

The worlds first robotic vertical farm resembles a Rubiks Cube

6 June 2025
Exclusive: Pangaea Data, AstraZeneca’s Alexion partner to spot rare disease with EHRs

Exclusive: Pangaea Data, AstraZeneca’s Alexion partner to spot rare disease with EHRs

9 June 2025
EU ministers and film sector defend industry amid Trump’s tariff threats

EU ministers and film sector defend industry amid Trump’s tariff threats

26 May 2025
What the government’s new housebuilding reforms mean for small business owners

What the government’s new housebuilding reforms mean for small business owners

4 June 2025
Dozens evacuated in Switzerland’s Valais canton as heavy rain unleashes mudslide

Dozens evacuated in Switzerland’s Valais canton as heavy rain unleashes mudslide

14 June 2025
European Press

European-press.com shares the latest news from Europe and around the world. It covers topics such as business, technology, sports, health, entertainment, and lifestyle. Feel free to get in touch with us!

Disclaimer  Privacy Policy – EU  Imprint 

Contact Us

What’s New Here!

  • Can Europe make ecological farming competitive?
  • Sam Darnold makes eye-opening admission about Vikings ending
  • More than 1.5 million foreign pilgrims are in Saudi Arabia for Hajj
  • ‘FOPO’ is a damaging habit, experts say

Subscribe to Our Newsletter

Copyright 2025 © EUROPEAN PRESS All rights on our posts reserved!

Translate »
European Press
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
No Result
View All Result
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Entertainment
  • Lifestyle
  • Video

Copyright 2025 © EUROPEAN PRESS All rights on our posts reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
×