Business

PH GDP grows 6.7% in 2017

MANILA -- The Philippine economy expanded 6.6 percent in the fourth quarter of 2017, bringing full-year growth to 6.7 percent, the government reported Tuesday. National Economic and Development Authority (NEDA) Director General and...

Makati extends deadline for business, realty tax payments

MANILA -- The Makati City government has extended the deadline of assessment of business permits without penalty to Jan. 25, and the payment of business and realty taxes to Jan. 31,...

Sunlife Canada eyes P1.5-B investment in gov’t infra projects

MANILA -- Sun Life of Canada (Philippines), Inc. (SLOCPI) is willing to invest around PHP1.5-2 billion on infrastructure projects to be identified by the government. SLOCPI Chief Investment Officer Michael Gerard D. Enriquez...

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...
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