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Friday, November 24, 2017

Business

The latest news and stories about business, finance, money, investing and economy in the Philippines and around the world that are relevant to Filipinos.

Have you ever bought something from a store and was given change in the form of a candy instead of your 25-cent monetary due? How about missing 48 cents because the cashier did not have loose coins available in...
Start up Barangay Micro-Business Enterprises (BMBEs) has been deterred from registering their business and availing government incentives from the past for fear of paying humongous fees. The good news is, with the Republic Act 10644 or the Go Negosyo...
Overseas Filipino Workers (OFW) processing their legal papers has just been made easier with the opening of the first one stop shop for OFW's yesterday at the ground floor of the Philippine Overseas Employment Administration’s (POEA) main office at Blas F. Ople Building in Ortigas Avenue corner EDSA, Mandaluyong City.
LEYTE, Philippines – Almost three years after super typhoon Yolanda ravaged Region VIII, the eastern provinces of the Philippines has finally caught sight of a new hope as business sectors showed signs of revivals when investments started pouring since...
Budget Secretary Benjamin E. Diokno revealed the government’s plans of a seven-percent increase in infrastructure spending under the Duterte administration in the next six years. During the general membership meeting of the Financial Executives Institute of the Philippines (Finex), budget...
Tourism Undersecretary for Advocacy and Public Affairs Katherine de Castro has announced that they are reviewing the possibility of eliminating or at least minimizing the travel tax levied on those who are traveling outside the country. They are also...
The Philippine Export Development Plan 2015-2017 has originally set a 6.6 to 8.8 percent growth for the country's export in 2016 and a growth between 6.7 percent to 10 percent next year. Department of Trade and Industry (DTI) setting an eight...
Last Friday, the Philippine Competition Commission reported that the Court of Appeals (CA) denied Globe Telecom Inc.’s request to stop the review of the P69-billion deal to purchase San Miguel Corp.’s telecommunication assets. A statement released by the PCC on...
The depreciation of peso is only temporary and is expected to have minimal impact on the inflation and macro-economy in the medium term. According to Bangko Sentral ng Pilipinas (BSP) Deputy Governor Diwa C. Guinigundo, the local currency has buffers...
With the Three year Rolling Infrastructure Program (TRIP), also known as the ‘Build, Build, Build’ program amounting to P3.6 trillion from 2018 to 2020, Duterte’s administration has pointed out the important role of the tax reform under House Bill...

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