DOF seeks higher taxes on electronic cigarettes
MANILA - Shortly after a new law imposing higher
excise taxes on tobacco products has been enacted, the Department of Finance is
calling for an increase...
Megaworld to expand mall footprint in the provinces
Property giant Megaworld is
expanding its Megaworld Lifestyle Malls footprint outside of Metro Manila, with
the opening of eight new malls and commercial centers in key...
Emperador’s 1H 2019 net income at P3.25-B
Emperador
Inc., the world’s largest brandy
company that owns Spanish brandy and sherry brands led by the iconic Fundador
as well as Scotch whisky brands led by...
Agriculture output down 1.27% in Q2 —PSA
MANILA - The Philippine agriculture sector contracted
in the second quarter of the year, driven by a decline in crop production.
Data released by
the Philippine Statistics...
DBM finalizes submission of P4.1-trillion 2020 national budget
MANILA - The Department of Budget and Management (DBM)
is finalizing the submission to Congress of the P4.1-trillion national budget for
2020 before deadline.
The deadline to...
DOF opposes proposal to VAT exempt e-vehicles
MANILA - The Department of Finance (DOF) is opposing a
proposal to exempt electric vehicles (e-vehicles) from value-added tax (VAT),
saying that there are enough measures...
DTI sees e-commerce share to GDP rising 50% by 2022
MANILA - The Department of Trade and Industry (DTI) is
seeking to double, or to raise to 50 percent, the contribution of electronic
commerce to the...
Tech leads Wall Street rebound after worst day of 2019
NEW YORK City - US stocks rose on Tuesday, helped by
technology shares, as China stepped in to stabilize the yuan, a day after Wall
Street’s...
New benefits, innovations are coming from PhilHealth
ILOILO –
PhilHealth region 6 held “Philhealth Forward” last August 6, 2019 in Robinsons
Pavia to showcase their Expanded Primary Care Benefit (EPCB) providers, new
out-patient benefits,...
July inflation hits 31-month low at 2.4%
MANILA - The country’s inflation rate further eased to
a 31-month low at 2.4 percent in July as food prices continued to soften,
boosting expectations of...