RCEP partners considering options to move forward on deal
THE 10 member states of the Association of Southeast Asian Nations (ASEAN) and the six countries with which the economic bloc has free trade...
China’s Xi says global economy improving, urges BRICS to resist protectionism
XIAMEN, CHINA — President Xi Jinping told an international summit on Tuesday that although the global economy had improved, risk factors had also increased.
Addressing...
Tobacco regulator to set floor price this week
THE National Tobacco Administration (NTA) is set to decide new floor prices for tobacco for the next crop season.
In a statement on Tuesday, the government...
DoF expects P21 billion from Mighty settlement this month
By Melissa Luz T. Lopez,
Senior Reporter
THE GOVERNMENT will be able to collect around P21 billion from Mighty Corp. this month, the Department of Finance...
Metro Pacific proposes P700-M Cavitex upgrade
METRO PACIFIC Tollways South Corp. (MPTSC) is set to spend about P700 million to enhance the Cavite Expressway (Cavitex) with the aim of reducing...
Steel lobby warns of safety risk in certifying output of foreign plants
A PLAN to certify foreign steel plants and treat them as if they are local manufacturers poses safety risks and dangers to consumers, an...
Mango industry road map hopes to reverse stagnating output, Agri dep’t says
THE Department of Agriculture said a five-year road map to develop the mango industry is due for completion by year’s end.
“The Road Map is...
Finance dep’t looking for sweet spot between tourism, higher take from airport terminal and...
THE Finance department is studying proposals to restructure airport fees in order to raise revenue collection while also helping encourage tourism.
Finance Secretary Carlos G....
Cagayan North Int’l Airport to launch Macau flights
THE Cagayan Economic Zone Authority (CEZA) said it will inaugurate late this year the first international flights from the Cagayan North International Airport (CNIA).
CEZA...
Imposition of value-added tax on tax-free exchanges
John Paulo D. Garcia
Mergers and acquisitions have become popular business strategies for companies looking to expand into new markets or territories, to achieve economies of scale, to...
‘Strong incentive’ for RCEP deal seen — DTI
THE COUNTRIES negotiating the Regional Comprehensive Economic Partnership (RCEP) have no choice but to resolve contentious issues relating to the creation of the economic...
Miners hope to close book on Lopez era
MINERS said they expect to move the industry forward after the disruptive term of the Duterte administration’s first environment secretary, with an industry conference...