Philippines, Japan ink 9.4 billion yen loan pact for 3rd phase of Bulacan Bypass Road
February 28, 2018
The government of the Philippines and Japan signed on Wednesday the 9.399-billion yen loan agreement for the construction of the third phase of the Arterial Road Bypass Project that is designed to ease traffic congestion in Bulacan and spur economic growth in
Stocks close higher, peso at P52.03:$1
February 27, 2018
Stocks extended gains on lesser volume Tuesday, with the Philippine Stock Exchange Index finishing 92.40 points higher to 8,592.38. In the broader market, there were 119 gainers, 94 decliners and 43 unchanged. Volume went down to 3.6 billion shares valued
Mindanao among biggest beneficiaries of ‘Build, Build, Build’: DOF
February 27, 2018
ZAMBOANGA CITY—After decades of neglect, Mindanao is in the “front and center” of the government’s infrastructure buildup under the Duterte administration’s “Build, Build, Build” program, with several big-ticket projects to be rolled out or completed this year to link the
Stocks slightly up, peso at P51.86:$1
February 26, 2018
The Philippine Stock Exchange index gained slightly but the broader was still down on Monday. The index closed at 8,499.98, up 32.42 points. In the broader market, there were 112 decliners, 105 gainers and 43 issues unchanged. Volume amounted to
Gov’t surpasses January excise tax collection target: BIR
February 26, 2018
Total actual excise tax collections for January reached P22.078 billion, or over 7.7 percent of the goal of P20.501 billion for that month and 81.69 percent higher compared to the P12.152 billion tax take in the same period last year,
Tax Academy launch to kick off with orientation session for new employees
February 25, 2018
The launching of the Philippine Tax Academy (PTA) on Feb. 27 will start with an orientation workshop for 52 local treasurers and 130 newly hired employees of the Department of Finance (DOF) and its attached agencies to familiarize themselves with the revenue generation functions
Stocks lower, peso gains
February 23, 2018
Stocks ended lower on Friday with the Philippine Stock Exchange index failing to stay above the 8,500 mark. The index settled at 8,467.56 down 48.01 points. In the broader market, there were 122 decliners, 91 gainers and 39 shares unchanged.
Now Telecom franchise extended for 25 more years by government
February 23, 2018
Now Telecom, a company aiming to become the third telecom company in the Philippines has been granted a 25-year franchise by the government. In a disclosure to the Philippine Stock Exchange on Friday, Now Telecom’s franchise has been extended for another
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