THE LOCAL bourse’s main index is poised to end past 6,700 in 2014, brokerage firm AB Capital Securities, Inc. said on Thursday, given external concerns due to the US Fed tapering and slower earnings growth of banking companies.
NATIONAL Power Corp. (Napocor) has invested P37 million to replace fuel tanks in off-grid areas in a bid to boost the efficiency of diesel plants operated by its Small Power Utilities Group (SPUG), the state-run firm said in a statement on Wednesday night.
THE JOINT Foreign Chambers of the Philippines (JFC) yesterday urged the government to amend rules governing taxation of foreign carriers, saying a Supreme Court (SC) decision in 2012 effectively imposed higher taxes despite reforms made in the last Congress.
FOREIGN tourist arrivals in the country picked up as last year ended, but the figure still fell short of the government’s target for 2013.
THE BANGKO Sentral ng Pilipinas (BSP) has granted regulatory relief to banks affected by tropical depression Agaton (international name: Lingling), to allow them to lift penalties on clients unable to pay their dues.
BOTH houses of Congress unanimously passed bills yesterday to establish the Maritime Industry Authority (MARINA) as the single agency to enforce international standards on the country’s seafarers.
THE FINANCE department has issued rules on the provisional lifting of the suspension of importers’ accreditation following new requirements and guidelines covering these entities.
IT’S the month of romance! Whatever kind of relationship you may be in today, it is time to fuel up, celebrate, and maybe reflect on what makes your relationship work.
POWER Sector Assets and Liabilities Management Corp. (PSALM) is set to auction off — for the third time — the 153.1-megawatt (MW) Naga power plant complex in Cebu next month.
A RESOLUTION seeking a review of government policies on Islamic banking has been filed in the Senate.