Business

DOE ready to implement 2nd tranche of oil excise tax hike

By Kris Crismundo/PNA MANILA -- The Department of Energy (DOE) said that it is prepared to implement the second increase in oil excise taxes next year, which is called for under the...

PCCI supports rehab not closure of tourist destinations

by Kris Crismundo/PNA MANILA -- The Philippine Chamber of Commerce and Industry (PCCI) expressed its support to the government’s effort to rehabilitate tourist destinations across the country, but not the complete shutdown of...

Stocks slip after Christmas Day

By Kris Crismundo/PNA MANILA -- The local stock market slipped on Wednesday, as the Philippine Stock Exchange index (PSEi) fell 0.40 percent or 29.7 points to 7,450.01 points. All shares likewise declined by 0.26...

Japan Stocks Fall Below 20,000

VOA News Shares on Japan's key stock exchange plummeted Tuesday, highlighting investor fears about political turmoil in Washington and this month's massive losses on Wall Street. The Nikkei 225 Index lost 1,000 points...

More investments pushed for agri growth, climate adaptation

By Leslie Gatpolintan/PNA MANILA -- The Philippines needs to invest more on mitigating the effects of climate change on agriculture to make economic growth more inclusive, a National Economic and Development Authority...

DICT gains ground on improving telco services

By Aerol John Pateña/PNA MANILA -- The Department of Information and Communications Technology (DICT) managed to implement various initiatives aimed at ensuring faster and affordable communication services to the Filipino public in 2019. A...
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