Double-dipping soon outlawed–DOF

There is a need to streamline the institutional framework for granting tax incentives such that all 14 investment promotion agencies (IPAs) at present observe...

‘Taking over military pension very prohibitive’

From the original estimate of P7 trillion, the cost of taking over the military pension system by the Government Service Insurance System (GSIS) has...

Planbank opens in San Pablo City

Planbank Rural Bank of Canlubang Planters Inc., the largest rural bank in Laguna province, celebrates today the opening of its newly relocated branch in San...

Closure orders, US rate adjustment helped push hot money out in...

Soured investor sentiment driven by apprehension over a series of closure orders for mining firms and intimations of interest-rate adjustments in the US Federal...

Tech-savvy accountants–a rising need

There is no other way to go but digitalization, which is different from digitization.  But digital transformation should never take place if the purpose...

Moody’s: Asian high-yield market shows record rated issuance in 2017

Moody’s Investors Service said the Asian high-yield bond market has shown record levels of rated issuance across all markets in 2017, with momentum set...

Fraud-proof excise-tax stamp program seen completed soon

Much-improved and more secure excise-tax stamps for cigarettes and alcohol products are scheduled for rollout within the first three months of the year, according...

Is branding for associations?

This was exactly the question that Chris Dingcong, HongKong-based Filipino brand consultant, founder and creative director of Springtime Design, asked around 200 association members...

‘LandBank entry saves PostalBank from bankruptcy’

The Department of Finance (DOF) said the launch of the Overseas Filipinos Bank (OFB) on Thursday was in fulfillment of a campaign promise of President Duterte...

‘Main collection arm targets safe this year’

The Department of Finance (DOF) is confident the collection targets of the bureaus of Internal Revenue (BIR) and Customs (BOC) this year will be...

DBP to boost lending for social services in 2018

State-owned Development Bank of the Philippines (DBP) will ramp up its lending activities for social services that cover health care, education, housing  and community...

Sy unit looking to raise up to P20 billion in bonds

SM Prime Holdings Inc. is going back to the retail-bond market and has informed regulators of a renewed intent to sell debt worth at...

The millennials

We have all heard of the term “millennials,” referring those people also referred to as Generation Y.”  They are contrastingly considered on one hand,...

BSP notes moderate remittance growth last November

The money sent home by overseas Filipino workers (OFWs) continued to grow last November but at a rate the Bangko Sentral ng Pilipinas considers...

Banner 2017 dividends made possible by Caap arrears

The abrupt manner by which Malacañang asked those owing the various government-owned and -controlled corporations (GOCCs) dividends allowed the Bureau of the Treasury (BTr)...

Market hungry for short-dated securities

The Bureau of the Treasury (BTr) awarded in full all tenors on offer at the latest Treasury bills (T-bills) sale on Monday amounting to...

How to save and invest in 2018

Some time ago, I received a tempting offer from an organization to talk about losers. At first, it seemed that the message made a...

US SEC allows $1-B PHL bond sale sans usual review

The United States Securities and Exchange Commission (SEC) has done away with the review of the country’s proposed dollar-denominated bonds and allowed the sovereign...

Local data help BIS craft global banking policy

The Philippines has joined a select group of countries whose banking statistics now form part of a global database on lending systems and how...

Duterte TRAIN running on schedule

The Department of Finance (DOF) said the rollout of infrastructure projects under President Duterte is proceeding as planned following the passage of the Tax...