The country’s balance of payments (BOP) hit a surplus of $274 million in April, reversing a deficit last year and bringing the year-to-date tally closer to official forecast, the central bank reported yesterday.
The country’s balance of payments (BOP) hit a surplus of $274 million in April, reversing a deficit last year and bringing the year-to-date tally closer to official forecast, the central bank reported yesterday.
 The Bureau of Internal Revenue (BIR) exceeded its target for April, collecting P148.99 billion in tax revenues. This is P6.33 billion more than the agency’s goal for the month, and 28 percent higher than tax collections made in April 2012. |
 Investors were mostly undecided yesterday due to the absence of market-moving news, resulting in a flat trading session for the local bourse. |
The court-issued temporary restraining order in favor of the Taguig City allowing the construction of an access road came out in the nick of time just before the opening of SM Prime Holding’s super high-end shopping mall SM Aura at the Bonifacio Global City (BGC).
Regular contributor Manuel Cantos has a number of things to say about views expressed by other readers that have had their letters published in this column.
Foreign governments and international organizations enjoy immunity from Philippine taxes, including withholding taxes on salaries and emoluments of their employees.
The Court of Appeals (CA) stopped on Tuesday the government from filing a P5-billion smuggling case against Phoenix Petroleum Philippines Inc., citing the Department of Justice's (DOJ) "extraordinary swiftness" in lodging the raps which allegedly endangers the firm's rights.
Oil refining firm Petron Corp. has built its 1000th service station in the country under its four-year-old expansion program, the listed firm announced on Tuesday.
IBM is eyeing Naga City in the Bicol region to build its latest facility that will help expand the company’s capabilities in delivering business process solutions to varied industry clients across the globe.
The National Economic and Development Authority (NEDA) announced on Tuesday the conclusion of regional consultations for the updating of the Philippine Development Plan (PDP) which covers 2011-2016.
The world's most valuable company, Apple Inc., employs a group of affiliate companies located in Ireland to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found — and its CEO will be questioned Tuesday.
The Securities and Exchange Commission (SEC) has finalized the foreign ownership cap rules for Philippine companies.
The Department of Transportation and Communications (DOTC) has prequalified four groups for the consulting and engineering services for the proposed P963.2 million Bicol international airport project to solve the many limitations of the existing airport in the city of Legazpi.
Waterfront Philippines Inc., Shang Properties Inc. and Grand Plaza Hotel Corp. (GPHC), three listed property firms involved in the hotel business, reported mixed results in the first quarter.
There’s a wide-array of reasons for the Mindanao crisis. As expected, President Benigno Aquino blames his predecessor for the problem.
SM Prime Holdings Inc., the country’s largest mall developer and operator, is spending P5 billion for its second lifestyle mall dubbed Mall of Asia in the South.
Consunji-led DMCI Holdings Inc. said its first-quarter profit sank by a third, weighed down by lower income contribution from its coal, nickel and construction businesses.
The Philippine Franchise Association (PFA) has invited and urged Filipino professionals in the United Kingdom (UK) to invest in the country’s franchising industry.
Nigeria’s Ambassador to the Philippines Akinyemi Farounbi said his country offers vast investment opportunities for Filipino entrepreneurs.
Filinvest Development Corp. has joined forces with Singapore’s Changi Airport Group, operator of the world’s best airport, in a bid to expand and upgrade the Mactan-Cebu International Airport (MCIA) into a world-class aviation gateway.
Norwegian-based Intex Resources ASA expressed optimism that it will finally be able to explore for nickel in the Mindoro province through its Mindoro Nickel Project (MNP) as it continues to make substantial contribution to the province via its corporate social responsibility (CSR).
BCI Asia will name the Philippines’ 10 most active architecture firms and property developers that will be receiving the BCI Asia Top 10 Awards at the annual BCI Asia Awards ceremony which will be held at the New World Makati Hotel on May 21.
Listed Energy Development Corp. (EDC), the Lopez-led geothermal company, signed yesterday a joint venture agreement with a Canada-based energy company for four geothermal projects in Chile and Peru.
Top Korean food retailers are looking for Filipino partners for the distribution of their products here as well as for the import of locally-produced goods.