MICC to review mining taxation scheme after Duterte’s SONA targets industry
THE MULTI-AGENCY Mining Industry Coordinating Council (MICC) will study the rationalization of taxation for the mining industry, following President Rodrigo R. Duterte’s threat to...
Rates of Treasury bills seen sideways after FOMC meet
YIELDS on Treasury bills (T-bills) on offer today are expected to move sideways across the board as investors turn cautious ahead of the US...
Cebu Landmasters planning to boost landbank in key provinces in Visayas
CEBU LANDMASTERS, Inc. (CLI) is in talks to acquire more land in Cebu, Iloilo, Negros Occidental, Cagayan de Oro and Bohol, as the listed...
Unmasking Duterte
Carol Pagaduan-Araullo
These days, President Rodrigo Roa Duterte is turning out to be his own worst enemy.
He cannot keep himself from rambling on and on, revealing...
Forget casinos, Singapore’s Indian tourists are cruising
SINGAPORE -- When Indian architect Rahul Maini and his parents embarked on their first trip abroad in May, Singapore was their destination of choice.
But...
Malacañang: CHR officials may be ‘replaced’
By Ian Nicolas P. Cigaral
Reporter
MALACAÑANG ON Thursday sought to explain the administration’s plan to abolish two government agencies whose key functions run counter to...
Cemex expects cement sales to recover in 2nd half
By Arra B. Francia
CEMEX Holdings Philippines expects cement sales to recover in the second half of 2017 after a continued slowdown in the second quarter, amid heightened...
BSP moves away from monthly inflation forecasting — Espenilla
By Melissa Luz T. Lopez,Senior Reporter
THE Bangko Sentral ng Pilipinas (BSP) said it will shift its emphasis to two-year assessments of inflation patterns rather than monthly forecasts.
BSP Governor Nestor...
E. Visayas leads growth in household spending
By Christine J. S. Castañeda
Researcher
HOUSEHOLD SPENDING last year increased in 16 out of the country’s 18 regions, led by the Eastern Visayas, data released...
More banks shifting to one-day check clearing
By Melissa Luz T. Lopez,Senior Reporter
LENDERS have generally been able to adopt the one-day clearing for checks, although the central bank wants a faster processing time to make funds...
Stocks climb further as Fed keeps rates steady
LOCAL SHARES climbed further on Thursday as US markets logged record highs, with investors also factoring in the widely expected decision from the Federal...
EastWest Bank gives clients until July 31 to claim new EMV cards
EAST WEST Banking Corp.’s (EastWest Bank) clients only have until next week to switch their magnetic strip cards to microchip-enabled ones, with the lender...