Business

PH, China aim to balance trade in next 3 to 4 years

MANILA -- Government officials of the Philippines and China said the two countries aim to balance their trade within the Duterte administration. On the sidelines of the China International Import Expo (CIIE) Information...

DBM receives 89 applications for open spaces enhancement grants

MANILA –The Department of Budget and Management (DBM) has received some 89 applications for grants to finance enhancement of open spaces around the country under its “Green, Green, Green” program. In a briefing...

PH to launch Panda bond

MANILA -- The Philippines is set to launch its planned RMB 1.46 billion-worth Panda bond soon, Finance Secretary Carlos Dominguez III said. “In a week or so,” Finance Secretary Carlos Dominguez III told...

TRAIN law boosts BIR, BOC revenues in first 2 months

MANILA -- The Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) posted double-digit increase in revenue collections in the first two months of 2018 as a result of the...

PEZA eyes new type of ecozone

MANILA -- The Philippine Economic Zone Authority (PEZA) is eyeing a new type of economic zone for the development of the country’s human resources and stronger linkage between industries and the academe...

TDF rates sustain rise

MANILA -- Yield of Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facility (TDF) sustained its rise Wednesday, with all the tenors posting higher interest rates. Data released by the central bank Wednesday showed...
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