Business

TRAIN2 creating investment uncertainties: PEZA execs

MANILA -- The Philippine Economic Zone Authority (PEZA) will insist that certain tax perks made available to investors remain, even as proponents of the Tax Reform for Acceleration and Inclusion's (TRAIN) Package...

World’s richest people urged to donate 1% of their wealth to poor

MANILA -- Former director general of the Philippine Economic Zone Authority (PEZA) Lilia de Lima challenged the world’s richest people to donate at least 1 percent of their wealth to the poor. “If...

Asian tech agenda should be people-centered, says Robredo

MANILA -- Vice President Leni Robredo urged the public and private sectors as well as the academe to focus their respective technology agendas in ensuring that economic growth become truly inclusive. In her...

2nd tax reform package to lure investors: WB economist

MANILA -- The second package of the Duterte administration’s Comprehensive Tax Reform Program (CTRP), which is expected to lower corporate income tax rates and rationalize fiscal incentives to investors, can attract the...

Peso, local shares retreat following US air strikes on Syria

MANILA -- US air stikes against the Syrian regime upped investors’ risk-off sentiment causing both the Philippine peso and the Philippine Stock Exchange index (PSEi) to retreat for the second day in...

PCC orders Uber, Grab to explain shutdown of Uber ops

MANILA -- The Philippine Competition Commission (PCC) has ordered ridesharing companies Uber and Grab to explain why they failed to maintain their separate business operations which was stipulated in the interim measures. The...
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