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Rea Cu

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Rea Cu is a graduate of Assumption College-Makati with a Bachelor's degree in Communications. She majored in Advertising and is currently the finance reporter of the BusinessMirror.

Insurance firms allowed to invest in infrastructure projects

INSURANCE companies in the country have been given the go-ahead by regulators to invest their funds in state-led infrastructure projects, in a bid to...

Tenders for 7-year T-bonds in BTr tap facility almost 5 times...

STRONG liquidity in the local market was shown during the auction under the tap facility of the Bureau of the Treasury (BTr) on...

EODB’s IRR has automatic OK for unacted business papers

BUSINESS applications will be deemed automatically approved if the government agency handling the application fails to assess it within the prescribed period....

PHL Economic Freedom Index seen to improve

THE Department of Finance (DOF) expects the country’s ranking in line with the Index of Economic Freedom (IEF) for economies of the Heritage Foundation...

BTr makes full award of P20 billion for T-bonds

THE Bureau of the Treasury (BTr) awarded P20 billion for seven-year Treasury bonds (T-bonds) auctioned off on Tuesday, as strong liquidity is seen in...

Customs turns over P90-million shabu to PDEA

The Bureau of Customs (BOC) has turned over an estimated P90 million worth of methamphetamine hydrochloride, or shabu, seized at the Port of Ninoy...

IC to firms: Give clients time to read policy

The Insurance Commission (IC) has issued two circular letters instructing local insurance companies and health maintenance organizations (HMOs) to give ample time for clients...

Strong demand prompts full award of Treasury bills

The Bureau of the Treasury (BTr) has fully awarded all tenors during the Treasury bills (T-bills) auction on Monday with a total of P20...

BOC, BIR streamline rules to cut red tape, decongest ports

THE Bureau of Customs (BOC) has issued Customs Memorandum Circular (CMC) 34-2019 in line with streamlining the procedures for the issuance of the Bureau...

BIR tapping $7.3-M Korean ODA for e-invoicing system

THE Philippine government is eyeing a $7.3-million grant from the Korea International Cooperation Agency (Koica), in line with the implementation of the...

BOC updates rules on imported goods marking to protect public

THE Bureau of Customs (BOC) updated its rules on the marking of goods and their containers of foreign origin that enter the Philippines...

Pursuing Education for a brighter future

The pursuit of knowledge through education will always open opportunities most especially for those who are not afraid to learn. This can very much...

Diokno attending House hearing on 2019 budget

THE Department of Budget and Management (DBM) on Thursday welcomed the subpoena issued by the House of Representatives, in line with clarifying the alleged...

BOC launches fuel marking to check vs oil smuggling

THE Bureau of Customs (BOC) has formally launched the fuel-marking system that will be used nationwide to check if fuel products being distributed in...

Philippine peso remains stable amid global volatilities–DOF

The Philippine peso remains stable amid growing volatilities in the global market brought about by changing fuel prices and the US-China trade war, among...

Pagcor’s income from gaming rises 18.3% to P67.8B in 2018

THE Philippine Amusement and Gaming Corp. (Pagcor) has reported a total income from gaming operations of P67.854 billion as of end-December 2018,...

PTI: New excise rates to boost illicit tobacco

FURTHER increases in the excise tax on tobacco products will exacerbate the incidence of illicit cigarettes in the country, the Philippine Tobacco...

Customs breaches January P45.626-billion collection goal

The Bureau of Customs (BOC) has surpassed its collection target for the first month of 2019 with a total of collection of P48.153 billion,...

BIR steps up anti-evader drive to meet P2.3-T goal

THE Department of Finance (DOF) is confident the Bureau of Internal Revenue (BIR) can hit its 2019 revenue collection goal of P2.33 trillion despite...

FPI joins bid to halt tobacco tax hike

THE Federation of Philippine Industry (FPI), alongside other business organizations, have expressed opposition to further increasing the excise tax rates on tobacco products, one of...
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