Local, foreign biz groups urge Congress to pass CTRP, 11 other measures
February 9, 2017
Fifteen foreign and local business organizations have appealed to Malacanang and the Congress to give top priority to the Comprehensive Tax Reform Program (CTRP) and 11 other legislative proposals to improve the country’s investment climate, create more jobs and sustain
Megaworld to set aside P60 billion for capital expenditures this year
February 8, 2017
Property giant Megaworld, along with its subsidiary brands Empire East Holdings, Inc., Global-Estate Resorts, Inc. and Suntrust Properties, Inc.,is allocating P60-billion in capital expenditures this year, the company said in a statement on Wednesday. Eighty percent of capital spending will
Stocks, peso end lower
February 8, 2017
Stocks closed lower on Wednesday as the Philippine Stock Exchange index ended dpwn 27.82 points to 7, 234.82. Volume rose to 5.14 billion shares worth P6.48 billion from Tuesday’s 3.85 billion shares worth P6.59 billion. Foreign buying was at P3.5
Globe core net income up six percent in 2016
February 8, 2017
Globe Telecom Inc. announced on Wednesday its core net income rose 6 percent last year despite the stiff competition in the telecommunications industry. Core profits amounted to P16.01 billion last year from P15.13 billion in 2015, the company said. Consolidated
Local treasurers estimate foregone annual revenue from mine slosure, suspension over P650-M
February 8, 2017
A directive of the Department of Environment and Natural Resources (DENR) to shut down or suspend the operations of 28 mine sites across the country will cost affected local government units in 10 provinces over P650 million yearly in foregone
Reserves rose to $81.04 billion in January: central bank
February 8, 2017
Gross international reserves rose to $81.04 billion, according to preliminary data from the central bank on Tuesday. In a statement, central bank officer-in-charge Nestor Espenilla said this level was higher by US$0.35 billion than end-December 2016 gross international reserves of
(UPDATE) January inflation highest in two years
February 7, 2017
Philippine inflation was at its highest in two years as non-food items, like water, power, gas and other fuels, pushed it to 2.7 percent, the National Economic and Development Authority (NEDA) said in a statement Tuesday. The inflation rate was
Stocks lower, but mining sector recover
February 7, 2017
Stocks closed lower on Tuesday even as mining shares, which were hard hit by the news of the Department of Environment and Natural Resources audit on mines, recovered. The Philippine Stock Exchange index closed 31.76 points lower to end at
Latest Videos
- GEORGE SOROS BLASTED THE U S FOR SUPPORTING ISRAEL ON NOT WORKING WITH HAMAS
- WIKILEAKS REVELATIONS SHOW U S ‘IGNORED’ TORTURE FROM THE WAR IN IRAQ
- THE ROOTS OF THE ISRAEL PALESTINE CONFLICT
- TUCKER CARLSON QUESTIONS U.S SUPPORT FOR ISRAEL WAR
- RFK Jr TO RUN FOR PRESIDENT AS INDEPENDENT, DECLARING INDEPENDENCE FROM THE TWO POLITICAL PARTIES
- JAPANESE VIROLOGIST SAYS OMICRON MAY HAVE BEEN MANUFACTURED
- JAPANESE VIEW & FILIPINO BEAUTY
