Business

Monetary execs say PH still robust amid peso weakness, CA deficit

MANILA -- Philippine monetary officials are not worried about the peso's current rate of depreciation since this was brought about by the demand for the US dollar, in line with the sustained...

DOE completes distribution of e-vehicles to gov’t agencies

MANILA -- The Department of Energy (DOE) announced that it has completed the distribution of 85 e-vehicles to various government agencies. "(The last batch), two units each were turned over to the Office...

Global oil prices to decide oil excise tax suspension

MANILA -- A suspension of excise tax increases levied on petroleum products under the Tax Reform for Acceleration and Inclusion (TRAIN) law is possible next year, but only if global crude prices...

Suspend oil excise tax to tame inflation: PCCI

MANILA -- The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization, on Thursday called for the suspension of excise tax on petroleum products amid the surge in inflation...

BOI, IFC partners to attract more investments

MANILA -- The Board of Investments (BOI) and the International Finance Corp. (IFC) forged a partnership with the end goal of attracting more foreign direct investments (FDIs) into the country. The BOI announced...

Fintech firm, DTI to extend P1.5-B loan for SMEs

MANILA – Philippine-based financial technology firm First Circle has partnered with the Department of Trade and Industry (DTI) to extend a PHP1.5-billion credit facility to small and medium enterprises (SMEs) in the...
spot_img

Popular