Business

Diokno positive of hitting 2018 spending program

MANILA -- Budget and Management Secretary Benjamin Diokno is optimistic of achieving the 2018 expenditure program of PHP3.364 trillion with the help of the “Build, Build, Build” program and after almost...

PEZA investment approvals up 27% in January

MANILA -- The Philippine Economic Zone Authority (PEZA) has approved a total of PHP14.01 billion worth of investment pledges in January 2018, higher by 27.2 percent from the same month in...

Globe deploys 1,700 LTE sites nationwide

MANILA -- Globe Telecom has deployed around 1,700 Long Term Evolution (LTE) sites leading to the improvement in the speed of mobile Internet in the country. Globe has step up its network investments...

PSEi up for 2nd day Tuesday; peso weakens

MANILA -- The Philippine Stock Exchange index (PSEi) rose for the second consecutive day Tuesday mirroring upbeat sentiment in Wall Street, but the peso weakened. February 27, 2018: PSEi closed at 8,592.38...

Gov’t eyes single investment plan under CTRP Package 2

MANILA -- The government eyes a single investment priorities plan across all investment promotion agencies (IPAs) under the second package of the Comprehensive Tax Reform Program (CTRP) of the Duterte administration. In...

PH gov’t posts 13% rise in revenues in ‘17

MANILA -- The Duterte administration registered an 11 percent improvement on expenditures in 2017 but budget deficit fell 1 percent on account of the 13 percent year-on-year rise in revenues. The government...
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