Business

P245-M lost yearly from Malabon printer’s fake tax stamps

By Joann Villanueva/Philippine News Agency MANILA -- The government loses an estimated PHP245 million a year from fake tax stamps being churned out by a Malabon City printer. Finance Secretary Carlos Dominguez said...

Fed hike expectations boost peso, local stocks slide

By Joann Villanueva/Philippine News Agency MANILA – Anticipation of the US Federal Reserve cutting its rates allowed the Philippine peso to end Thursday sideways against the greenback, but the main equities gauge...

NEDA studies ways to boost farm output with rice tariffication

PR/Philippine News Agency MANILA -- With rice tariffication in place, bulking up investments in research and development in agriculture and investing in irrigation, among others, can markedly increase rice yields and farm...

DTI seels bigger PH share of $2.6-T global halal market

PR/Philippine News Agency CLARK, PAMPANGA -- Department of Trade and Industry (DTI) Secretary Ramon Lopez reiterated in a statement on Thursday the need to increase Philippine halal products in domestic and export...

P5.9-B taxes collected from liberalized rice imports

PR/Philippine News Agency MANILA -- Preliminary data show that the government has so far collected PHP5.9 billion in tariffs from some 1.43 million metric tons (MT) of rice stocks imported by private...

Water board maintains 36-cms allocation for MWSS

By Lilybeth Ison/Philippine News Agency MANILA -- The National Water Resources Board (NWRB) on Wednesday maintained the 36 cubic meters per second (cms) daily water allocation for the Metropolitan Waterworks and Sewerage...
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