Palace provides relief to NDC on 2015 dividends
PRESIDENT Rodrigo R. Duterte issued Executive Order (EO) No. 37 “adjusting downward” the dividend rate of the National Development Company (NDC) on its 2015...
Palace creates body to firm up insurance coverage of gov’t assets
PRESIDENT Rodrigo R. Duterte signed on Monday Administrative Order (AO) No. 4 creating a temporary interagency committee to ensure that government properties are “properly...
Debt service falls sharply in 1st half to P378.4B
THE GOVERNMENT’S debt service bill fell in the first half led by a decline in domestic amortization payments, the Bureau of the Treasury said.
National...
NOW Corp. to expand with Pre-5G technologies
NOW Corp. said that it will expand its services by deploying its fixed wireless broadband infrastructure in Metro Manila by using Pre-5G technologies, as...
Tax holiday for inclusive business models
By Reynaldo E. Maniego III
Package two of the country’s tax reform initiatives will take a look at how to rationalize fiscal incentives. Certain factors that are being considered...
Duterte: Funding free tuition is now his problem
PRESIDENT Rodrigo R. Duterte said on Monday his government has yet to find source of funds for a new law he signed last week...
Duterte backs China’s RCEP
PRESIDENT Rodrigo R. Duterte on Tuesday called on Southeast Asia to fight protectionism as he endorsed a China-backed free trade agreement widely viewed as...
Confidence in economy slips among Asian CEOs — YPO
CONFIDENCE in the Asian economy declined among chief executives in the second quarter, the survey’s sponsor, the Young Presidents’ Organization (YPO), said.
The YPO Global...
NEDA says Cebu’s bus rapid transit still a go
THE National Economic and Development Authority (NEDA) clarified yesterday that the Cebu bus rapid transit (BRT) project will still continue, despite the socioeconomic planning...
DoF studying two-tier tax on sugary drinks
THE Department of Finance (DoF) is still open to a two-tier sugar-sweetened drinks tax as a means of minimizing consumption of the drinks, despite...
PCC looking into alleged cartel controlling garlic
THE Philippine Competition Commission (PCC) has launched its 90-day preliminary investigation into the alleged cartel controlling the garlic industry a day before its two-year...
Chinese province explores more tourism, agri deals with PHL
A DELEGATION from China’s southern province of Hainan met with the Finance department last month to firm up partnerships initiated during President Rodrigo R....