Business

Car sales down in February

MANILA -- Sales of vehicles in the country reached 26,176 units year-on-year in February 2018, down by 3.2 percent from 27,040 units year-on-year in February 2017, Chamber of Automotive Manufacturers in the...

China eyes to set up industrial park in PH within 2018-2019

MANILA -- China eyes to establish its first industrial park in the country within the year or next year, Chinese Ambassador to the Philippines Zhao Jianhua said Thursday. On the sidelines of China...

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...
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