Economy

TRAIN is Duterte admin’s “best Xmas and New Year’s gift” to Filipino people, says Dominguez

President Duterte’s signing into law of the landmark Tax Reform for Acceleration and Inclusion Act (TRAIN) is the government’s “biggest Christmas and New year’s gift” to the Filipino people as it...

DOTr, BCDA break ground on new Clark Airport terminal building

CLARK FREEPORT, Pampanga -- The Department of Transportation (DOTr) and Bases Conversion and Development Authority (BCDA) broke ground on the PHP9.36-billion world-class airport terminal at the Clark International Airport here, Wednesday. BCDA president...

TRAIN to benefit Filipinos, boost economic growth: NEDA

MANILA -- The National Economic and Development Authority (NEDA) welcomes the passage of the Tax Reform for Acceleration and Inclusion (TRAIN) bill, noting its implementation will benefit majority of Filipinos and...

Removing rice QR to cut retail price by as much as P7 per kilo

The lifting of the quantitative restrictions (QR) on rice imports in favor of tariffs will bring several benefits to the economy, among them, slashing the retail price of the food staple...

BOI hits P617-B in investment approvals for 2017, highest in 50-year history

Trade Secretary Ramon Lopez, Chairman of the Philippine Board of Investments (BOI), announced the unprecedented Php616.7 billion in investments approvals, the highest in the agency’s 50-year history. The figure is up...

Harbour Centre’s P2-B land sale in peril

MANILA -- The Harbour Centre Port Terminal Inc. (HCPTI) is considering the possibility of rescinding the PHP2-billion sale of its land property to Port Capital SEA. The One Source Port Services Inc. of...

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