PH mulls stricter rules on Indonesian palm oil imports
MANILA – Agriculture Secretary Manny Piñol said government is seriously considering the possible tightening up on palm oil importations, particularly those coming from Indonesia,...
PEZA ends 2018 with P140-B investments
MANILA – The Philippine Economic Zone Authority (PEZA) has approved a total of PHP140.24 billion worth of investments in 2018, the agency reported.
According to...
BOI targets 10% hike in investment approvals
MANILA – The Board of Investments (BOI) is targeting to increase investment approvals this year in hopes of breaching the PHP1-trillion mark.
In a briefing...
CebPac reminds passengers of new baggage allowance
MANILA – Local carrier Cebu Pacific (CEB) is reminding passengers that it will implement its new check-in baggage policy starting Jan. 15.
“This (policy) regarding...
Regulatory enhancements set to shield banks from Hanjin fallout
MANILA – Policy enhancements on banks' capital, risk management systems and good governance, among others, will protect exposed local banks from any headwinds that...
TDF rates down, bid coverage ratio declines
MANILA – The rates of central bank’s Term Deposit Facility (TDF) fell across-the-board Wednesday but bid coverage ratios improved after the holidays.
Data released by...
Tax hike bill worries local tobacco growers
MANILA – The Philippine Tobacco Growers Association Inc. (PTGA) expressed grave concern over the proposed increase in excise taxes on tobacco, saying the battery...
Tourism department backs Manila Bay rehab
MANILA – The Department of Tourism (DOT) expressed full support for the government’s initiative to clean-up and revive the polluted Manila Bay by replicating...
‘Build, Build, Build’ driving infra allocations higher – Diokno
MANILA – Budget secretary Benjamin Diokno said Tuesday the government's "Build, Build, Build" program was behind larger allocations for infrastructure compared to past administrations,...
PH economy to improve in 2019, but elections pose risk – analyst
MANILA – The Philippines' economic fundamentals will improve this year, against the backdrop of uncertainty due to the mid-term elections, an analyst said.
The peso...