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Top Business News

The government is set to borrow P180 billion from the domestic market through the sale of T-bonds and T-bills in the second quarter, the Bureau of the Treasury (BTr) said yesterday.

 Term deposit continued to fetch higher yield as investors expect the US Federal Reserve to further raise interest rates this year.

The board of directors of the parent firm of Philippine Airlines (PAL) has approved an equity restructuring to remove both existing and additional deficit to be incurred after the acquisition of Zuma Holdings and Management Corp. and  subsidiary Air Philippines.


It would seem President  Duterte’s diplomatic skills are coming into fruition with the ambassadors of major superpowers US and China going to Davao City to wish him a happy birthday.

Today, we recognize the latest batch of Filipina entrepreneurs who are great examples for the next generation.

It’s summer, and with it comes the scorching heat – and brownouts.

Latest Business News

Employers are keeping their fingers crossed that the new labor department order (DO) on contractualization will not worsen the current unemployment situation in the country as they try to live with more restrictive rules.

Share prices closed lower yesterday amid doubts about the future policy agenda of the Trump administration in the US and lack of stronger leads at home.

Emperador Inc. posted a net income of P7.7 billion last year, up 11 percent from 2015 amid successful cost-efficiency measures.

Embattled Mighty Corp. will not be able to easily get away with a compromise settlement after the Bureau of Customs (BOC) and Bureau of Internal Revenue (BIR) found more cigarettes with fake tax stamps in its warehouses in Bulacan last week.

“The only thing that is constant is change”, said Greek philosopher Heraclitus as quoted by this author in his “Tax system change: The 4 arrows,” June 20, 2016, Philippine STAR Business.

Conglomerates are placing bigger bets in the lucrative and less regulated logistics and e-commerce industries as part of plans to grow even bigger.

The Bangko Sentral ng Pilipinas (BSP) is in no hurry to lower the banks’ reserve requirement so as not to send mixed signals to the financial markets.

The national government spent P536.66 billion for debt payments in 2016, up slightly 0.5 percent from P534.14 billion in 2015, data from the Bureau of the Treasury (BTr) showed.

Philippine Airlines (PAL) is set to take in a strategic investor from the airline industry as early as the first-half of this year, its top official said.

Del Monte Pacific Ltd. (DMPL) is increasing its sales in China as part of efforts to grow the business.


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