Economy – Page 31

CAPITAL: The Trilogy (First and second installment)

Economy

Mar 292017

We have long known that foreign investment in the Philippines helps our country get by, through employment generation, stimulation of economic growth and promotion of technology transfer, among others. While some may prefer to fully liberalize the Philippine economy, our Constitution recognizes the fact that some industries are better left for Filipinos to control, especially those that affect national interest. The policy objective is to preserve the National patrimony and heritage for the use and enjoyment of the Filipino people. This somehow helps us value our freedom and independence from foreign occupation, something our heroes have fought long and hard to achieve.

Taxpayers urged to file before Easter holidays

Economy

Mar 282017

TAXPAYERS will be able to file their tax returns until April 17 without penalty, according to the Bureau of Internal Revenue (BIR), which nevertheless urged the public to file their returns before the Easter holidays.

Hungary keen on infotechnology, water, agriculture ventures with Philippines

Economy

Mar 282017

THE Philippine-Hungary Business Forum was convened yesterday along with the re-opening of the Embassy of Hungary in Manila, signaling more economic cooperation between the two countries.

MGB preparing to identify more mineral reservations

Economy

Mar 282017

THE Mines and Geosciences Bureau (MGB) said it is in the process of gathering information to identify more sites as mineral reservations, adding to the nine currently designated areas.

DBM sets rules for identifying project spending priorities

Economy

Mar 272017

THE BUDGET department said it will evaluate new projects against the administration’s agenda, in order to determine priorities as it prepares the 2018 spending program.

Customs collections rise in Feb, but miss target

Economy

Mar 272017

THE Bureau of Customs (BoC) collected more year on year in February, but its three-month streak of performing above target was broken, which it blamed on a seasonal slump in imports as a result of Chinese New Year.

Give unto Caesar what is Caesar’s

Economy

Mar 272017

Late last year, I read a post on social media about a bride-to-be’s woes on the costs of “taking things to the next level” — i.e., having a wedding. The woman took to social media to express her surprise (read: frustration) at the cost of reserving a church for a wedding (P35,000), having wedding announcements (P1,000 at most and this varies among different parishes), and behold, the opening of the church doors for the bride to enter and attend her wedding ceremony (another P1,000!). The last one struck a nerve. One thousand pesos. For opening the church doors.

Dominguez bats for lifting of Australia ban on PHL bananas

Economy

Mar 262017

FINANCE Secretary Carlos G. Dominguez III said he raised the issue of Australia’s long-standing ban on Philippine bananas in a meeting with Australian Foreign Minister Julia Bishop last March 16-17 in Manila.

Mindanao electric cooperatives say their views on WESM disregarded

Economy

Mar 262017

DAVAO CITY — Electric cooperatives in Mindanao are opposing the terms under the planned wholesale electricity spot market (WESM), claiming that their recommendations during the Department of Energy’s (DoE) consultations were not considered.

Strengthening microfinance NGOs for the poor

Economy

Mar 262017

In October 2016, the Philippine Statistics Authority reported that poverty among Filipinos has declined in the last decade to 21.6% in 2015 from 26.6% in 2006. However, this still translates to over 26 million poor Filipinos with almost half living in extreme poverty and lacking the means to feed themselves. While the statistics reflect slight improvements resulting from the trickle-down of economic growth to lower-income families, poverty remains a persistent and widespread problem.

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