CUSTOMS collections growth slowed in the first three months of the year and fell below the government’s official target as the slump in oil prices weighed on the agency’s total take in the first quarter.
Apr 202015
BusinessWorld Online: Economy
Apr 202015
The April 15 deadline has come and gone, but unfortunately some taxpayers missed the deadline. For those who successfully filed their annual income tax returns (ITRs) despite all the challenges, hats off to you. But don’t celebrate yet because tax filings are not over. Before packing for the much-awaited summer holidays, mark your calendar and comply with the following post April 15 requirements.
Apr 192015
JAPAN Marine United Corp. (JMU) has won the contract to build ten 40-meter multi-role vessels for the Philippine Coast Guard (PCG), due for delivery by the third quarter of 2018, the Department of Transportation and Communications (DoTC) said on Sunday.
Apr 192015
REMITTANCES from overseas Filipinos should stay resilient despite rising geopolitical tensions in the Middle East and North Africa, a senior official of the Bangko Sentral ng Pilipinas (BSP) said.
Apr 192015
Gambling has been part of human civilization for thousands of years, and continues to thrive in the vast majority of countries worldwide. Asians are perceived to be among the world’s most avid gamblers, an image supported by the explosive growth of gaming in Macau and other Asian economies over the last 15 years.
Apr 152015
A FOURTH GROUP has expressed interest in the P55.51-billion contract to build, operate and maintain the Cavite-Laguna Expressway (CALAx), which the government will again put on the auction block in May, an official of the Department of Public Works and Highways (DPWH) said on Wednesday.
Apr 152015
SOUTHEAST Asia, including the Philippines, is primed to become the next hub for start-ups in the financial services technology (FinTech) business to harness the region’s vibrant economy and vast consumer market.
Apr 152015
The specter of a deflationary spiral or economic crash has set most central banks around the world to embark on what seems to be a one-way trip: Quantitative Easing or “QE” for short. After the Bank of Japan, the Federal Reserve, the Bank of England and even the People’s Bank of China, it was recently the turn of the European Central Bank to launch its own version of QE in March, raising its purchases of public and private debt from around EUR13 billion to EUR60 billion per month until at least September 2016.
Apr 142015
MANUFACTURING output grew at its slowest pace in 11 months in February, the government reported yesterday, amid weaker global demand for locally-made products.
Apr 142015
DAVAO CITY — International Container Terminal Services, Inc.’s (ICTSI) joint venture partner in the P5.72-billion redevelopment of Hijo Port in Davao del Norte, said modernizing Sasa Port Davao City is expensive at about P17 billion, highlighting the cost-effectiveness of other options in the region, including Hijo.