Business

Do not block tax reforms, Duterte asks

MANILA -- President Rodrigo Duterte on Monday said his administration’s tax reform program should be implemented to achieve sustainable growth, as he urged Congress to immediately pass its second package seeking to...

Biz leaders back bill to end contractualization

MANILA -- Business leaders have expressed their support to President Rodrigo Duterte's call to put an end to labor contractualization during his third State of the Nation Address (SONA) on Monday. International Chamber...

Oil firms to slash pump prices Tuesday

MANILA -- Local oil firms announced a reduction in pump prices effective 6 a.m. Tuesday (July 24). In separate announcements, Petron, Flying V, Jetti Petroleum, Uniol, Caltex, PTT Philippines, and Phoenix Petroleum said...

Duterte hopes for tax reform package 2 approval by yearend

MANILA -- President Rodrigo Duterte on Monday urged lawmakers to approve tax reform measures as he called on all sectors not to prevent their implementation since they would ensure that jobs would...

PEZA okays P439-B investments in Duterte admin

MANILA -- The Philippine Economic Zone Authority (PEZA) disclosed over the weekend that it has approved a total of PHP438.78 billion worth of projects during the first two years of the Duterte...

Local stocks end week in positive territory, Peso moves sideways

MANILA -- Positive sentiments returned to the Philippine equities market Friday enabling the main gauge to finish the week with gains but the peso closed almost unchanged against the US dollar. The Philippine...
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