Business

Industries’ revenue up 8.6% in Q3 2017

MANILA -- Total gross revenues of industries from July to September in 2017 increased by 8.6 percent, the Philippine Statistics Authority (PSA) reported Friday. The PSA noted that growth in total revenue...

Banks ‘business as usual’ in Mayon-affected areas

MANILA -- The Bankers Association of the Philippines (BAP) has assured bank clients in areas affected by the looming eruption of Mayon Volcano of continued bank services. In a statement, the BAP...

PH announces 10-year Global bond offer

MANILA -- The Philippine government on Thursday announced its latest 10-year global bond offering, which will be issued with a swap offer for 14 series of bonds maturing between 2019 and...

IKEA to announce opening date this year

MANILA -- Swedish furniture company IKEA was planning to announce targeted opening date in the Philippines within the year, IKEA Sustainability and Communication Director Lars Svensson said Wednesday. In an interview on the...

DTI focuses program on Lumads this year

MANILA -- The Department of Trade and Industry (DTI) will be focusing its Strike Team Program for Indigenous Peoples (IPs) on lumads this year, Undersecretary for Regional Operations Group Zenaida Maglaya...

Gov’t tax-take from sugar-sweetened beverages to hit P52-B this ’18

MANILA - - Expected revenues from excise tax on sugar-sweetened beverages is seen to contribute some PHP52.03 billion to government coffers this 2018. Department of Finance (DOF) data showed that based on...
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