DOF, DOH chiefs back approval of Pacquiao’s sin tax measure
MANILA – Cabinet officials intensified their call to implement sin tax reforms, which is seen as the best way to generate the funds needed...
Local stocks bounce back, peso remains lethargic
MANILA – The Philippine Stock Exchange index (PSEi) ended its five-day slide and came back strong on Friday but the peso continued to lose...
Mayor-elect Moreno eyes lowering Manila real estate taxes
MANILA – Manila Mayor-elect Isko Moreno on Friday said he would reduce real estate taxes in the city by 40 percent over 3 years...
PH ahead in diversity, inclusion of women in tech – IBM country head
MANILA – The Philippines is ahead when it comes to diversity and inclusion, especially for women in technology, the head of IBM Philippines said.
Aileen...
Banks, property stocks seen to get lift from reserve requirement cut
MANILA – A reduction in the reserve requirement ratio or RRR for banks will stimulate economic activity, boosting banking and property stocks, a fund...
PH unlikely to sever ties with Canada over trash row – Lopez
MANILA – Trade secretary Ramon Lopez on Thursday said the Philippines is unlikely to sever ties with Canada over the tons of household trash...
‘Port of Manila operations improve amid decongestion’
MANILA – Operations within the Port of Manila (POM) have started to improve with the removal of many overstaying containers, which has alleviated problems...
China says economic impact of US trade tensions ‘controllable’
BEIJING, China – China's state planner said on Friday trade frictions with the United States has had some impact on China's economy, but it...
DOE eyes 70% cap on power plants’ contracting capacity by Q3
MANILA – Power producers in the Philippines will be required to have a 70-percent cap on their contracting capacities, likely by the third quarter...
PH Ports Authority remits record P9.41B in dividends, taxes for 2018
MANILA – The Philippine Ports Authority (PPA) continues its strong fiscal performance, as it remitted P3.51 billion in dividends to the national coffers in...