Privatization of some Customs, BIR functions under study
THE Department of Finance (DoF) is looking to privatize some functions of its tax-collecting agencies to minimize corruption.
Finance Assistant Secretary Mark Dennis Y.C. Joven...
Nestlé to export malt from Batangas plant
By Arra B. Francia, Reporter
NESTLÉ Philippines, Inc. is looking to export processed malt to other countries once the company opens its new facility in...
DoE firming up system to classify strategic projects
THE Department of Energy (DoE) is coming up with a system to classify an energy project as one of national significance to remove “arbitrariness”...
Appeals court orders P286-M refund to Norkis Trading
NORKIS TRADING Co., Inc. won a P285.93-million refund at the Court of Tax Appeals (CTA) after the court denied the claim by the Bureau...
T-bond rates to drop as concerns linger
TREASURY BONDS (T-bonds) on offer tomorrow will likely fetch flat to lower yields, as uncertainties linger at home and offshore amid geopolitical concerns.
The government...
Spain mourns attack victims as probe zeroes in on missing imam
BARCELONA -- Grief-stricken Barcelona paid homage Sunday to victims of two terror assaults at a mass in the city’s Sagrada Familia church, as investigators...
ADB loans to be directed mostly to infrastructure, social services projects
INFRASTRUCTURE and social programs will take up most of the $3.8 billion worth of loans provided by multilateral lender Asian Development Bank (ADB), the...
Growth accelerations
By Emmanuel S. de Dios
Understandable relief greeted last week’s news that GDP had grown 6.5% in the second quarter. The immediate reason, of course, was that the administration...
Becoming one with the universe
PHILIP STEIN, a watch brand said to attune your body to the universe, now has a Miss Universe as its new brand ambassador.
Last week...
Boston march vs hate speech avoids Charlottesville chaos
BOSTON -- Tens of thousands of people took to the streets of Boston on Saturday to protest a “free speech” rally featuring far-right speakers...
Lenders set to merge under CPRB
By Melissa Luz T. Lopez,
Senior Reporter
GROUPS of rural banks based in Southern Luzon and Leyte will soon merge as bigger lenders under the government’s...
Killing in the streets
By Amelia H. C. Ylagan
The economic briefing to preferred clients opened with the puzzler: “The Philippine peso closed at P51.47 as of Aug. 17, from P49.72 to the...