THE POWER Sector Assets and Liabilities Management Corp. (PSALM) is banking on privatization proceeds and earnings from operations to settle P40 billion worth of debt maturing this year, an official said last week.
Jan 252015
BusinessWorld Online: Economy
Jan 252015
IN THIS second installment of the series on Base Erosion and Profit Shifting (BEPS) 2014 deliverables, we will discuss the recommendations of the Organization for Economic Co-operation and Development (OECD) on how to neutralize the effects of Hybrid Mismatch Arrangements.
Jan 222015
THE ASSOCIATION of Vehicle Importers and Distributors (AVID) said its sales hit 35,565 units in 2014, up 13%, reflecting solid demand for the association’s broad product range of high-end cars and commercial vehicles, while also pushing overall industry sales to well beyond the Philippine market forecast of 250,000 units.
Jan 222015
THE DEPARTMENT of Energy (DoE) has drawn strong interest from potential suppliers for the first-quarter auction of 3,000 electric-powered tricycles, an official said.
Jan 222015
CUSTOMS officials are no longer required to be present when exporters load goods into shipping containers, the Bureau of Customs (BoC) said in a new order, a few weeks after traders asked the agency to hold off the implementation of a new rule.
Jan 212015
THE PHILIPPINES should continue pursuing “open market-oriented approaches” to development if it is to participate in the United States-initiated Trans-Pacific Partnership (TPP) in the future, a senior US State Department official said on Tuesday.
Jan 212015
SENIOR Finance officials from member-countries of the Asia-Pacific Economic Cooperation (APEC) have started tackling a proposed road map for the region’s economy, the Department of Finance (DoF) yesterday said.
Jan 212015
“YOU CAN GIVE without loving, but you can’t love without giving.” Gift giving has always been a part of the Filipino culture — one that is innate and manifests our generosity towards others. It is our way of expressing gratitude, love, affection, friendship, or simply showing that we care. In a country where relationships (with family, friends, co-workers, etc.) are highly valued, giving gifts is seen as a way of strengthening these relationships. Most especially for Filipinos who have an extensive support network of family and friends, we tend to spend significant time, effort and money searching for the right gifts for special occasions and ceremonies.
Jan 202015
OIL PRICES at $50 a barrel could mean an additional $6 billion in purchasing power for Filipinos, providing a potential boost to consumption, Finance Undersecretary Gil S. Beltran told reporters.
Jan 202015
FOURTEEN renewable energy (RE) projects with combined capacity of 304 megawatts (MW) have been endorsed as qualified for the feed-in tariff (FIT) program.