Business

Dominguez: More tax reforms needed for fiscal sustainability

By Joann Villanueva/Philippine News Agency MANILA -- Finance Secretary Carlos Dominguez III has high hopes that additional tax reform measures will be passed to generate funding for the government’s infrastructure program and...

LTFRB to open franchises for premium taxis

By Aerol John Pateña/Philippine News Agency MANILA -- The Land Transportation Franchising and Regulatory Board (LTFRB) is set to open the application for franchises of premium taxi services following the issuance by...

Local markets higher on Thursday

By Joann Villanueva/Philippine News Agency MANILA -- While concerns over trade issues overseas remain, the Philippines' main equities index managed to rise even as the peso ended sideways but with an upward...

Economists eye below 2% inflation by Q3

By Joann Villanueva/Philippine News Agency MANILA -- Economists of First Metro Investment Corporation (FMIC) and the University of Asia and the Pacific (UA&P) have forecast the domestic inflation to fall below 2...

LTFRB issues show cause order to Grab on deactivation of 8,000 units

PR/via Mark Fetalco - PTV News QUEZON CITY – The Land Transportation Franchising and Regulatory Board (LTFRB) has issued a Show Cause Order (SCO) to MyTaxi.Ph,Inc. (Grab) today, 06 June 2019, on...

TDFs undersubscribed as rates rise across-the-board

By Joann Villanueva/Philippine News Agency MANILA -- The rates of Bangko Sentral ng Pilipinas' (BSP) term deposit facilities rose across-the-board Thursday, although all tenors ended up undersubscribed. Data released by the central bank...
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