PEZA chief says PH loses supposed P1.5B fresh investments from Japanese firm due to Trabaho bill
August 22, 2019
The Philippines has lost a potential investment of about P1.5 billion from a Japanese company engaged in the production of microchips due to the administration’s priority bill, which seeks to rationalize corporate tax perks, an official said. Philippine Economic Zone
PSE index end lower, peso gains slightly
August 22, 2019
The main Philippine share index closed lower on Thursday. The peso closed at P52.225 against the US dollar from P52.29 on Tuesday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.266 billion from Tuesday’s
Japan Convenience Store Owners Complain about Labor Shortages
August 21, 2019
Tokyo- Convenience store franchise owners called for steps to secure the necessary personnel and respond to soaring labor costs during an investigative survey conducted by Japan’s Ministry of Economy, Trade and Industry on Wednesday. In the first round of the
House bill raising excise taxes on alcohol, heated tobacco and vapor products hurdles final reading
August 21, 2019
The House of Representatives approved on third and final reading House Bill No. 1026, which seeks to amend the Republic Act No. 8424 or the “National Internal Revenue Code of 1997” by raising the excise tax rates on alcohol products as well
PSE Index ends lower as year’s first IPO launched
August 20, 2019
The main Philippine share index closed lower in Tuesday. The peso closed at P52.29 against the US dollar from P52.31 on Monday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.129 billion from the
PSE index, peso climb
August 19, 2019
The main Philippine share index rose 1.83 percent while the peso gained against the US dollar on Monday. The peso closed at P52.31 from Friday’s P52.44. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached
Overall BOP position posts $248 million surplus in July
August 19, 2019
The overall balance of payments (BOP) position posted a surplus of $248 million in July , a reversal of the $455 million BOP deficit in the same month last year. Inflows in July were reflected in the BSP’s foreign exchange operations
PSE index declines, peso slightly up vs US dollar
August 16, 2019
The main Philippine share index closed lower while the peso finished slightly higher against the US dollar on Friday. The peso closed at P52.44 from Thursday’s P52.545. Volume at the foreign exchange portal of the Bankers Association of the Philippines
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