DoF sees infra as foreign investors’ top concern
FINANCE Secretary Carlos G. Dominguez III said that poor infrastructure is what keeps investors from setting up business process outsourcing (BPO) operations here, not...
Key legislator urges faster transition to bank EMV cards
THE CHAIRMAN of the House committee on banks and financial intermediaries has urged the Bangko Sentral ng Pilipinas (BSP) to shorten the deadline for...
Finance dep’t may absorb government guarantee firms within PhilEXIM
THE Finance department is considering the consolidation of state-owned guarantee firms with Philippine Export-Import Credit Agency (PhilEXIM), in order to streamline surety services.
PhilEXIM is...
Outstanding government debt up 7.8% at end of May
GOVERNMENT DEBT hit P6.345 trillion at the end of May, the Bureau of the Treasury (BTr) said yesterday.
The debt total rose 7.8% or almost...
PPA in turf dispute with BoC on abandoned cargo policy
THE Bureau of Customs’ (BoC) proposed administrative order seeking to put up temporary storage for overstaying and abandoned cargo diminishes the jurisdiction of the...
PEZA says 73,043 jobs created under new government
DIRECTOR-GENERAL Charito B. Plaza said the Philippine Economic Zone Authority (PEZA) approved a total of P268.364 billion worth of proposed investments during the first...
Farmers, fishermen are PHL’s poorest
FARMERS, fishermen and children made up the poorest sectors in the Philippines in 2015, but poverty incidence decreased across all sectors, according to a...
Tax relief from losses
Let’s Talk Tax -- By Nikkolai F. Canceran
Last month, the Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA) officially announced the start of the...
MGB inventorying watersheds to harmonize’ protection efforts
THE Mines and Geosciences Bureau (MGB) said it will inventory the country’s water resources, specifically watersheds where miners are active.
“We can only protect it...
DoF says warnings of overheating farfetched
THE Finance department said macroeconomic fundamentals remain sound and that the risk of the economy overheating, flagged by debt rating agencies, remains farfetched.
Moody’s Investor...
Visayan Electric touts need for balanced’ power generation
RELIABLE and competitively-priced electricity remains dependent on a “balanced mix” of generation sources, including fossil fuel, said a top official of the country’s second-largest...