After the holidays: Some FX guidance for your travels back home
By Nestine P. Buisan
The Christmas and New Year holidays are over! Just when you become comfortable with a daily schedule of wake up-eat-do nothing-sleep, reality returns and it’s always a struggle to get back to your old routine.
Risk-averse banks continue to shun agri lending
BANKS REMAIN reluctant to extend credit to the agriculture sector in the third quarter of 2018, the central bank said, lending out a little over half the legal minimum and preferring to incur penalties rather than take on the risk of lending to farmers.
House panel to review TRAIN implementation on Jan. 14
THE House Committee on the Comprehensive Tax Reform Program will convene to review the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law when Congress resumes session on Jan. 14, Rep. Estrellita B. Suansing said.
Senate panel backs bill requiring harmonized LGU business fees
THE Senate committee on local government is recommending passage of a bill requiring the national government to provide clear guidelines for local government units (LGU) seeking to impose fees and charges on businesses.
Seven more Mindanao products seek approval for PRDP funding
DAVAO CITY -- Seven Mindanao commodities are up for funding support by the World Bank-funded Philippine Rural Development Project (PRDP).
Poultry, pork, fruit supply seen rising
POULTRY PRODUCTION is expected to increase in 2019 with new entrants pushing down prices for consumers but also putting grower earnings under pressure, an industry official said.
AmCham hoping for progress on free trade talks
THE US business chamber said it hopes free trade agreement (FTA) talks with the Philippines will get going in 2019.
PHL may seek Saudi overflight rights to expand Israel air market
THE Department of Transportation (DoTr) said it hopes to conclude an overflight agreement with Saudi Arabia in order to expand air services with Israel.
BoI hoping IB will help firms unlock some TRABAHO incentives
THE Board of Investments (BoI) wants more companies to take advantage of inclusive business incentives, touting them as a pathway to unlock some of...
PCCI sees rice tariffication measure as model for sugar liberalization
THE Philippine Chamber of Commerce and Industry (PCCI) wants a more liberal regime for importing sugar modeled on the rice tariffication bill, with tariffs to benefit domestic sugarcane farmers.
TRAIN spurred economic activity, increased poverty — PIDS
THE TAX REFORM for Acceleration and Inclusion (TRAIN) law may have spurred economic activity with gains in employment and domestic output, but a state-run think tank that reviewed the law said that poverty increased overall, and especially among farmers and fisherfolk.
DTI to investigate surge in ceramic floor, wall tiles imports
THE Department of Trade and Industry (DTI) will conduct a preliminary investigation on the surge in imports of ceramic floor and wall tiles after domestic manufacturers said these excessive shipments are hurting the local market.