MANILA -- The government lost P178.56 billion in potential revenues in 2016 as a result of tax incentives given out to only 3,102 firms registered with various investment promotion agencies (IPAs), the...
MANILA -- The peso ended Thursday almost unchanged against the US dollar in line with the risk-off sentiment in the region but the main stocks gauge fell due to profit-taking after recovering...
MANILA -- Senate President Vicente Sotto III on Thursday filed the bill that seeks to lower corporate income tax.
Senate Bill No. 1906 or the "Corporate Income Tax & Incentives Reform Act" seeks...
MANILA -- Bamboo farming is now being eyed to hasten the rehabilitation of areas laid waste by mining operations, Trade and Industry Secretary Ramon Lopez told reporters Thursday.
Lopez said a meeting between...
MANILA -- News about Moody’s positive outlook on the Philippine economy allowed the Philippine Stock Exchange index (PSEi) to bounce back Wednesday, which also buoyed the peso during the day.
PSEi rose 2.17...
MANILA -- The Bangko Sentral ng Pilipinas' (BSP) Term Deposit Facility (TDF) rate posted mixed results Wednesday as banks continued to weigh their options concerning the direction interest rates are headed to.
Data...
