Finance

TRAIN to benefit 99 percent of Filipino families

The Department of Finance (DOF) has maintained that the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN) will benefit 99 percent of Filipino households because of its proposed income tax...

External factors affecting peso, says DOF exec

The Philippine economy needs to diversify and not rely on remittances and business process outsourcing alone to prevent the peso from depreciating too much whenever uncertainties arise from advanced economies, the...

BOI confident of hitting Php500B investment target, Jan-Aug 2017 investments up 38 percent

The Philippine Board of Investments (BOI) is confident of hitting its Php500 billion investment approvals target for 2017 as investment projects registered with the agency reached Php325.8 billion in the first...

JAZA lauds Duterte admin for ‘boldness’ in infra, tax reform

The head of one of the Philippines’ leading business empires has lauded the Duterte administration for taking the unusually “bold step” of pushing tax reform and embarking on an ambitious infrastructure...

Foreign Direct Investments Surge Three-Fold in June 2017; First Semester Level Reaches US$3.6 Billion

Sept 11, 2017 - Foreign direct investments (FDI) grew by 182.7 percent to US$674 million in June 2017 from US$238 million for the same month in 2016, reflecting investors’ continued bullish...

Bangko Sentral ng Pilipinas Honors its Stakeholders in Region XI

The 2017 Awards Ceremony and Appreciation Lunch for BSP Stakeholders in Region XI was held at the BSP Davao Regional Office, Davao City on 12 September 2017. Monetary Board Member Antonio S....

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