Double Dragon building Philippines’ biggest hotel in Boracay
February 1, 2018
Double Dragon Properties Corp. said it is building the biggest hotel in the Philippines in terms of room count on the beachfront of Boracay Newcoast, the company said in a disclosure to the Philippine Stock Exchange on Thursday. Hotel101 Resort-Boracay
PSE index declines, peso at P51.58:$1
February 1, 2018
The Philippine Stock Exchange index declined for the third straight on Thursday, but the pace was not as rapid as in the previous days. The PSE Index finished at 8,738.32 points, down 25.29. In the broader market, however, there were
Stock index retreats for second day
January 31, 2018
The Philippine Stock Exchange index declined for the second straight day on Wednesday. The index finished at 8,764.01, down 146.47. In the broader market, there were 142 decliners, 61 gainers and 52 shares unchanged. Volume rose to 2.99 billion shares
DOF fine tuning aspects of second tax reform package
January 30, 2018
The Department of Finance (DOF) is fine tuning certain aspects of Package 2 Plus of the Duterte administration’s Comprehensive Tax Reform Program (CTRP) to make sure the proposal it submits to Congress is “solid, well-consulted and well-researched.” Finance Undersecretary Karl
PSE index retreats, peso hits day’s low of P51.495:$1
January 30, 2018
The Philippine Stock Exchange index retreated in line with overseas markets on Tuesday, a day after setting all-time highs. But the peso fell to a low of P51.495 against the US dollar before recovering to close at P51.41 from Monday’s
PSE index clings to new record high
January 29, 2018
The Philippine Stock Exchange (PSE) index remained at the 9,000-point mark as it set an all-time record on Monday. The index finished at 9,058.62, up 17.42 points. It also set a new intraday high of 9, 078.37. But in the
DOF seeks overhaul of corporate tax system
January 28, 2018
The Department of Finance (DOF) is pushing reforms in the corporate income tax (CIT) system, including the lowering of the tax rates and the expansion of the functions of the Fiscal Incentives Review Board (FIRB) as an “overall administrator” to oversee all
Philippine stock index breaks 9,000-pt barrier, ends at new record
January 26, 2018
The Philippine stock index set a new record close for the second straight day as trading picked up in the afternoon session to breach a key level. The Philippine Stock Exchange (PSE) index finished at 9,041.20 points, up 42.03 points.
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