Gov’t spending to drive 6.6% 2017 GDP rise — Metrobank

GROSS DOMESTIC product (GDP) is expected to grow 6.6% this year, analysts at Metropolitan Bank & Trust Co. (Metrobank) said, driven by the government’s...

Easing foreign ownership rules to drive FDI — Nomura

MORE FOREIGN direct investment (FDI) is expected to enter the Philippines amid a liberalization in the banking sector as the government plans to ease...

Hiring stalls at large NCR firms — PSA

EMPLOYMENT GROWTH in large Metro Manila enterprises eased to a one-year low as hiring dipped, according to a report by the Philippine Statistics Authority...

PHL to explore expanded trade, investment with Czech Republic

THE PHILIPPINES and the Czech Republic signed an agreement to increase trade and investment between the two countries, as Manila seeks to shift trade...

Angara says Customs rules deny OFWs full import privileges

SEN. Juan Edgardo M. Angara said the Department of Finance (DoF) needs to revise its implementing rules on duty and tax-free balikbayan boxes, which...

Power costs may have pulled down July inflation — DoF

LOWER POWER costs last month as well as steady food prices likely tempered the rise in prices of widely used goods in July, the...

PAGCOR first-half gaming revenue up by 8.4%

STATE-RUN gaming firm Philippine Amusement and Gaming Corp. (PAGCOR) said its gaming revenue rose 8.4% year on year in the first half, as a...

DA to provide financing to improve productivity of Romblon rice farmers

THE Department of Agriculture (DA) said plans to help Romblon province meet at least three quarters of its rice requirement by financing measures to...

Steel lobby finds substandard rebar in Samar, Leyte

THE Department of Trade and Industry (DTI) should closely monitor the rebuilding activities in earthquake-hit Leyte and Samar after uncertified reinforcement steel bars were...

PHL growth in top tier of Asia-Pacific — Morgan Stanley

THE PHILIPPINES is “in sync” with its regional peers in its economic growth story, but better-positioned than some, amid the broadening of the recovery...

Bureau of Customs, ports authority consult on policy for abandoned cargo

THE Bureau of Customs (BoC) and the Philippine Ports Authority (PPA) said they discussed jurisdiction issues over container yards and of facilitation of permits...

Improving the tax refund process

By Jennylyn V. Reyes
There have been substantial developments in the reform of the tax system. The President, in his latest State of the Nation Address, sought the...
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