LEGISLATORS will begin today bicameral discussions on the proposed P3-trillion national budget for 2016, with talks expected to be completed within the week, according to a senior lawmaker.
Nov 302015
Nov 302015
SOFTENING global demand for exports requires a shift in focus to boosting local consumption and clinching more investment for services, the Finance department said.
Nov 302015
Last week, congressmen reportedly gave up on their bid for tax cuts after repeated indications of opposition from Malacañang. We can hardly accuse Congress of not trying, with not less than 10 bills filed proposing tax reform. Various versions of these bills have appeared and been discussed in due course. Not one of them has been approved by the President.
Nov 272015
THE METROPOLITAN Waterworks and Sewerage System (MWSS) held off on Friday naming the winning bidder for the P24.4-billion Bulacan Bulk Water Supply Project under the government’s public-private partnership (PPP) program as the implementing agency continues to evaluate the submitted proposals.
Nov 272015
DAVAO CITY — The Philippine-flagged vessel that is being considered as an alternative for the delayed roll-on, roll-off (RoRo) ferry service project between Mindanao and Sulawesi could start operations soon if its existing permit is verified to be valid for the route.
Nov 262015
AFTER a five-year upswing, office rental rates in Manila entered a period of slowing growth in the second half of the year in anticipation of major new supply in 2016, property consultancy Jones Lang LaSalle (JLL) said.
Nov 262015
THE GOVERNMENT said Thailand is not complying with rulings issued by the World Trade Organization (WTO) by continuing to impose rules that unfairly place imported cigarettes at a disadvantage.
Nov 262015
DAVAO CITY — The Home Development Mutual Fund, known more popularly as Pag-IBIG, is looking at collections of at least P30 billion this year, representing a 7% increase from the P28 billion collected in 2014, the agency’s top official said.
Nov 252015
THE PHILIPPINES is expected to ride favorable demographics and rapid growth in global trade to become the 16th largest economy in the world by 2050, according to the Trade Winds report issued by the research arm of Anglo-Chinese bank HSBC.
Nov 252015
DAVAO CITY — The International Rubber Research and Development Board (IRRDB) is set to formalize the exchange of 49 rubber clone varieties among its associate institutes following the recent approval by the group’s 19 member countries of the sharing system.