Business

PHP sustains drop on risk-off sentiment

MANILA, June 21 -- The risk-off attitude remained Wednesday following mixed points in statements made by US Federal Reserve officials, resulting in further weakness of the Philippine peso and Philippine Stock...

OFW remittances not covered by tax reform

MANILA, June 21 (PNA) -- Money sent by overseas Filipino workers (OFWs) to the Philippines are not covered by the proposed Comprehensive Tax Reform Program (CTRP) of the Department of Finance...

Insurance exec explains closure incidents

MANILA, June 21 - An official of a non-life insurance company said closure of some companies is not negative since some are part of mergers that will further help strengthen the...
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