Business

Market prefers short-term TDF

MANILA -- The Bangko Sentral ng Pilipinas (BSP) has awarded the seven-day term deposit facility (TDF) in full as bids for the short tenor facility poured in on Wednesday’s auction. Tenders for the...

NEDA seeks more foreign investments in Eastern Visayas

TACLOBAN CITY -- Reducing the cost of doing business and enhancing the business environment are two major activities recommended by the National and Economic Development Authority (NEDA) in order to draw more...

BIR exceeds collection target for January-May 2018

MANILA -- For the first five months of the year, the Bureau of Internal Revenue (BIR) collected PHP827.91 billion. This is PHP24.91 billion more or 3.10 percent higher than the goal of...

PH seeks stronger customs cooperation with Russia

MANILA -- Finance Secretary Carlos Dominguez III has called for closer cooperation between the Russian Federation and the Association of Southeast Asian Nations (ASEAN) in the field of customs administration, as a...

TUCP: Wage hike in Regions 6, 7 won’t lift workers from poverty

MANILA -- Organized labor branded the wage orders released separately by the Regional Tripartite Wages and Productivity Boards (RTWPB) of Regions 6 (Western Visayas) and 7 (Central Visayas) as being too small...

Exporters eye local market due to robust demand

MANILA -- A ranking trade official said that aside from looking overseas, exporters are now also scouting for domestic opportunities arising from robust demand. Export Marketing Bureau (EMB) Director Senen Perlada told reporters...
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