The Daily Manila Shimbun

 

Dominguez cites ADB’s support for ‘Build, Build, Build’

August 26, 2019

Finance Secretary Carlos Dominguez III has underscored the strong partnership between the Philippines and the Asian Development Bank (ADB) as demonstrated by the multilateral institution’s full support for the “Build, Build, Build” program and other initiatives of the Duterte administration.

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DOF forming TWG to help Bangsamoro gov’t attain fiscal stability

August 25, 2019

The Department of Finance (DOF) has begun the process of forming a technical working group (TWG) with other national government agencies to assist officials of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) in initially running their economic departments and

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PSE index turns around to end higher

August 24, 2019

The main Philippine stock index overcame an early downturn to end higher while the peso ended flat on Friday. The peso finished at P52.27 against the US dollar from P52.255 on Thursday. Volume at the foreign exchange portal of the

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Foreign portfolio investment transactions result in net inflows in July

August 22, 2019

Bangko Sentral ng Pilipinas (BSP)-registered investments for July amounted to $1.7 billion, reflecting a 19 percent increase from the $1.4 billion figure in June. About 76.5 percent of investments registered during the month were in PSE-listed securities (pertaining mainly to

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PEZA chief says PH loses supposed P1.5B fresh investments from Japanese firm due to Trabaho bill

August 22, 2019

The Philippines has lost a potential investment of about P1.5 billion from a Japanese company engaged in the production of microchips due to the administration’s priority bill, which seeks to rationalize corporate tax perks, an official said. Philippine Economic Zone

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PSE index end lower, peso gains slightly

August 22, 2019

The main Philippine share index closed lower on Thursday. The peso closed at P52.225 against the US dollar from P52.29 on Tuesday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.266 billion from Tuesday’s

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Japan Convenience Store Owners Complain about Labor Shortages

August 21, 2019

Tokyo- Convenience store franchise owners called for steps to secure the necessary personnel and respond to soaring labor costs during an investigative survey conducted by Japan’s Ministry of Economy, Trade and Industry on Wednesday. In the first round of the

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House bill raising excise taxes on alcohol, heated tobacco and vapor products hurdles final reading

August 21, 2019

The House of Representatives approved on third and final reading House Bill No. 1026, which seeks to amend the Republic Act No. 8424 or the “National Internal Revenue Code of 1997” by raising the excise tax rates on alcohol products as well

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