Finance

MSMEs get lion’s share on DTI’s 2018 budget

MANILA -- Bulk of the budget of the Department of Trade and Industry (DTI) next year is allocated to its projects and programs to help micro, small, and medium enterprises (MSMEs) in...

4 delinquent firms face P52-M tax raps

MANILA -- As part of President Rodrigo Duterte administration’s campaign to go after tax evaders, the Bureau of Internal Revenue (BIR) filed separate tax evasion complaints before the Department of Justice...

BSP revises down PH balance of payment for 2017

MANILA -- The Bangko Sentral ng Pilipinas’ (BSP) policy-making Monetary Board (MB) has revised down the expected deficit in the country’s balance of payment (BOP) position for 2017 to USD1.4 billion from...

Peso stays firm vs. USD; PSEi slips after 2-day rally

MANILA - - The Philippine peso ended the week little changed against the US dollar but the main equities index ended its rally due to profit-taking. The local currency finished Friday at...

Marawi ‘ecozone’ to be center for MSMEs

The planned community-based economic zone to be established in Marawi City is envisioned to be a center for marketing, technical training, and food processing ventures for micro, small and medium enterprises...

Bitcoin worth millions stolen days before US exchange opens

TOKYO — A bitcoin mining company in Slovenia has been hacked for the possible theft of tens of millions of dollars, just days before the virtual currency, which hit a record above...

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