Business

PH prepares for infra funding deals with China, Japan

By Joann Villanueva/PNA MANILA -- A Department of Finance (DOF) official revealed several projects have been lined up for financing by China and Japan and signing of these agreements have been set...

Tax reforms to help PH become upper middle-income economy

By Joann Villanueva/PNA MANILA -- Ensuring truly inclusive growth, sustained high level domestic output and a healthy dose of tax reform will propel the Philippines to upper middle-income economy status this 2019,...

PayPal to open 1-K jobs in new Manila office

By Kris Crismundo/PNA MANILA – Global payments leader PayPal has set its sights on creating more than 1,000 jobs in the next two years with the opening of its new office here. PayPal...

Local stocks win; peso losses as trading begins

By Joann Villanueva/PNA MANILA -- An assurance from the Bangko Sentral ng Pilipinas (BSP) that the banking system remains strong despite Hanjin’s default soothed the fears in the local equities market but...

Domestic carmakers sales down 16% in 2018

By Kris Crismundo/PNA MANILA -- The overall sales of local carmakers dropped by 16 percent in 2018, greater than its projected 14-percent decline for the year, the Chamber of Automotive Manufacturers of...

Big-time oil price hike set Tuesday

By Kris Crismundo/PNA MANILA — The days of declining pump prices are fading in the rearview mirror, as local oil firms are set to implement a significant oil price hike on Tuesday,...
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