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‘Pressure on peso to stay till year-end’

THE local currency has been seeing a reprieve in recent days, but may still be under pressure for the rest of the year. Data from...

Tieza locators may enjoy perks only until end-2018

INCENTIVES enjoyed by companies within the Tourism Infrastructure and Enterprise Zone Authority (Tieza) will end in 2018, just two years after the implementing rules...

DOF eyes e-invoicing system to make VAT refunds possible

THE Department of Finance (DOF) is looking to establish an electronic invoicing system (e-invoicing) by 2020, which will allow for the implementation of a...

M&A, ‘greenfield’ FDI in PHL down in 2017

MERGERS and acquisitions (M&As) and “greenfield” foreign direct investments (FDI) in the Philippines declined in 2017, according to the Asian Development Bank (ADB). In the...

South Korea visitor market, tops for tourism, softens

VISITOR arrivals from South Korea have been slowing down, causing the Department of Tourism (DOT) some concern it may miss its 7.4-million foreign tourists...

PHL resorting to government-to-government to buy 203,000 metric tons of rice

MANILA has decided to purchase the unawarded 203,000 metric tons (MT) of rice from its previous open tender through a government-to-government (G2G) scheme as...

PHL ‘seriously’ eyeing nuke energy–DOE chief

AFTER nearly 40 years, the government is now seriously considering the possibility of allowing the construction of nuclear power plants in the country. “The Department...

Poorest Pinoys forced to spend more for food

THE spike in food prices hit poorest Filipinos the hardest as the increase in their spending for consumer products in August rose to its...

Green financing gaining ground in PHL banking

LOCAL banks are looking for more opportunities to channel their loanable funds to projects that could help mitigate the negative effects of climate change. In...

DOF presents 2019 budget of P56.86 billion

THE Department of Finance (DOF) has presented to the Senate its 2019 proposed budget of P56.86 billion under the cash-based scheme, which includes support...

Peza: 10% investment pledges hike not doable

THE Philippine Economic Zone Authority (Peza) on Monday conceded it will miss its investment target this year due to uncertainties brought about by the...

Cabuyao on track to complete infrastructure  projects–mayor

CABUYAO, Laguna—This city’s massive infrastructure projects, at nearly P1 billion, are on track for completion starting next month, according to Mayor Rommel A. Gecolea,...

Intervene in wage review, TUCP asks Duterte

THE country’s largest labor group on Monday called on President Duterte to finally intervene in the ongoing wage review in Metro Manila after expressing...

6th edition of Dangal Awards shines a light on the life...

SEVENTEEN senior-citizen leaders are vying for this year’s Dangal Awards for Elderly Care, the sixth edition of a joint undertaking by United Laboratories Inc. (Unilab),...

Eddie Ilarde: Yesterday, today and tomorrow

HIS is the voice that has traveled through the decades and, literally, across space. Well, there is a science to this. According to Lightyear.FM, “Radio...

Cancel Boracay casino licenses, TF tells Pagcor

THE Boracay Inter-Agency Task Force (BIATF) has requested the state-owned Philippine Amusement and Gaming Corp. (Pagcor) to pull the licenses of all casinos in...

ROP bond issuance may be front-loaded

THE Department of Finance (DOF) is looking at different debt markets globally as possible sources of funding for the government, and a possible issuance...

Peza chief floats GIE compromise

WILL the Department of Finance (DOF) consider this? The Philippine Economic Zone Authority (Peza) is amenable to increasing the gross income earned (GIE) rate...

‘Haste makes waste’ Teenage pregnancy bleeds PHL economy some P33 billion...

THE Philippine economy loses a whopping P33 billion annually due to foregone economic opportunities of teenage mothers, according to the Commission on Population (Popcom). At...

Scars that won’t heal Children violently uprooted from their homes and...

CHILDREN endure lifelong scars from disasters and emergencies. Fatima (not her real name) was only 11 when her family fled Marawi during the five-month clashes...
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