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Friday, September 21, 2018

Top News

Garin faults Ubial over rise of Dengvaxia deaths, imprudence rap

Former Department of Health Secretary Janette Garin has filed charges of reckless imprudence resulting in homicide against her successor, Paulyn Ubial, in connection with...

Sara Duterte: Judge lobbying for junking of disbarment case vs...

DAVAO City Mayor Sara Duterte-Carpio has advised the Office of the President to be wary of a  judge, whom she did not name, who...

Q4 inflation seen slower amid agriculture loss, weak peso

INFLATION is still expected to hit its peak in the third quarter of the year, despite looming pressures on prices, such as the supply-side...

Sweeping royalty fee on mining will make PHL ops ‘too costly’

THE country may lose billions of pesos in investments if the government pushes through with a proposed additional royalty fee on mining operations, which...

DTI chief shuns price controls

THE country’s trade chief on Tuesday shunned government-imposed price ceilings and instead pitched for supply intervention as a way to arrest the rising prices of basic...

SC bars BIR from collecting P3-billion tax from Petron, Shell

THE Supreme Court has thrown out the bid of the Bureau of Internal Revenue (BIR) to collect around P3 billion in alleged tax liabilities...

58:$1 projection in 2019 out of this world–Diokno

BUDGET Secretary Benjamin E. Diokno disputed the Capital Economics’s projection that the peso will further fall to 58 against the dollar next year, branding...

‘Flagship projects on track despite ill effects of typhoons’

DESPITE the ill effects of the typhoon, the national government remains on track to complete nearly half of the flagship projects by the end...

House okays realignment of P51.8 billion in DPWH budget

THE House of Representatives, convening as the Committee of the Whole, on Tuesday approved a report seeking to realign some P51.792 billion of the...

DOF: Policy, infrastructure reforms anchor PHL growth

THE Department of Finance (DOF) has assured members of the regional financial community that the Philippine economy remains strong, with the growth momentum being...

Remittances grow 5%, as peso hits 2005 low

MONEY sent home by Filipino migrant workers in July picked up its pace from the decline in June this year, the Bangko Sentral ng...

‘Trabaho bill’ to force semicons to shed 140,000 jobs–industry bloc

THE irony is real—and could be costly. The government’s second tax-reform measure, dubbed the Trabaho bill in the House of Representatives version, will force...

B.S.P. notes funding solutions dearth for small business

BANGKO Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. said they are eyeing ways to further improve the financial access of micro, small...

P36-billion cut from DOH budget to shed 15,000 jobs of health workers

SENATORS took up the cudgels on Monday for 15,000 health workers about to be rendered jobless after the Department of Budget and Management (DBM) cut P36...

Verbal tiff of lawmakers, concerns over projects stall budget talks in House

THE House of Representatives suspended the hearing for the 2019 General Appropriations Bill (GAB) on Monday due supposedly to concerns over some projects that...

Foreign business chambers back longer Trabaho bill discussions

FOREIGN business chambers are in favor of a delayed passage of the second tax-reform measure to provide lawmakers and stakeholders more time to discuss...

8 months on, BOI still 60% off target of P680 billion

THE Board of Investments (BOI) is still 60 percent away from its P680-billion target this year, as commitments to the agency declined double digits...

Economic managers, BBB team gear up for key briefing

MEMBERS of the Duterte administration’s economic and “Build, Build, Build” (BBB) teams are set to update economists and members of the regional financial community...

Cofounder of Salesforce buys ‘Time’ magazine for $190 million

WASHINGTON—Time magazine is being sold by Meredith Corp. to Marc Benioff, a cofounder of Salesforce, and his wife, it was announced on Sunday. Meredith announced...

BOC releases seized rice, food items to DSWD for Ompong victims

The Bureau of Customs (BOC) has reported that seized food items in the bureau's custody has been delivered to the Department of Social Welfare...