Business

Gov’t won’t lose from oil excise tax suspension: consumer group

MANILA – Consumer group Laban Konsyumer Inc. (LKI) said government does not stand to lose should the second installment of the oil excise tax increase be put on hold. In a statement, LKI...

BTr fully awards T-bills as rates correct

MANILA -- The rates of Philippine Treasury bills (T-bills) rose across-the-board Monday but Deputy Treasurer Erwin Sta. Ana said the upticks are within their expectations, thus, the full award for all tenors. The...

ITBPO firms giving PEZA a second look

MANILA -- The information technology and business process outsourcing (ITBPO) sector is showing renewed interest in the Philippine Economic Zone Authority (PEZA) as evidenced by a rebound in investment pledges since August,...

MARINA allows Negros Navigation to operate VisMin routes for Undas

MANILA -- The Maritime Industry Authority (MARINA) has granted a permit to Negros Navigation Company Inc. to operate along various routes in the Visayas and Mindanao to address passenger demand for the...

PEZA chief open to hike in GIE perk under TRABAHO bill

MANILA — Philippine Economic Zone Authority (PEZA) Director General Charito Plaza on Thursday reiterated her call to legislators not to scrap the gross income earned (GIE) incentive under the Tax Reform for...

Big time gasoline price rollback Monday

MANILA — Pump prices are set to go down for the second week in a row, but this time private motorists will be the big winners owing to a big drop in...
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