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Ian Nicolas Cigaral
Ian Nicolas Cigaral
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Filinvest to establish own REIT
by Ian Nicolas Cigaral - January 21, 2021 - 8:16pm
Property giant Filinvest Land Inc. announced a plan to transform Cyberzone Properties Inc. into a real estate investment trust (REIT) company.
Privacy watchers flag WhatsApp's data-sharing rule change
by Ian Nicolas Cigaral - January 21, 2021 - 4:42pm
The National Privacy Commission said the "broad language" that the popular messaging app used in its new privacy terms "has stirred confusion and concern." 
Nissan shuts down local plant, third to do so in 3 years
by Ian Nicolas Cigaral - January 21, 2021 - 4:05pm
Nissan Motor Philippines will shut down its car assembly plant in the country this year, displacing over a hundred workers.
BPI sets merger with thrift arm to create 3rd largest bank
by Ian Nicolas Cigaral - January 20, 2021 - 8:04pm
Ayala-led Bank of the Philippine Islands will merge with its thrift bank unit in a bid to enhance its services.
Megawide stresses financial prowess as rumors losing NAIA rehab swirl
by Ian Nicolas Cigaral - January 20, 2021 - 5:24pm
Edgar Saavedra also said that the conglomerate had actually reached out to banks for possible funding, “and most of them want to finance the project.”
Negotiations on for US grant to boost BIR digital systems
by Ian Nicolas Cigaral - January 20, 2021 - 12:56pm
The grant will cover some of the financing needs of the BIR’s digitalization program called "ICT Modernization Strategy and Data Center Technical Assistance."
'Transitory' inflation sees gov't scrambling for fix
by Ian Nicolas Cigaral - January 19, 2021 - 6:35pm
After trying to downplay quickening inflation for months, the Duterte administration is now scrambling to tame rising consumer prices that left unchecked, threatens to derail a fragile economic rebound from the pandemic...
Last-minute boost seen as infrastructure spending falls to lockdown levels
by Ian Nicolas Cigaral - January 19, 2021 - 3:15pm
Direct spending on infrastructure by the national government amounted to P44.3 billion that month, down 25.4% year-on-year, latest budget department data showed.
FIST still in Senate over a month since getting ratified
by Ian Nicolas Cigaral - January 18, 2021 - 6:39pm
FIST, a priority legislation touted as one of the government’s stimulus measures, has been stuck at the Senate since December 15 last year.
BSP chief Diokno takes medical leave after 'successful' operation
by Ian Nicolas Cigaral - January 18, 2021 - 5:39pm
Bangko Sentral ng Pilipinas Governor Benjamin Diokno is taking a medical leave following a "minor head accident."
Economic Cha-cha opposed by another biz group due to timing
by Ian Nicolas Cigaral - January 18, 2021 - 5:02pm
“It is akin to undertaking house renovation while the family struggles to pay for the food, basic education, hospitalization expenses and other basic necessities badly needed by the family,” FINEX President...
Ayala's The 30th sale proceeds to go to new malls, offices
by Ian Nicolas Cigaral - January 18, 2021 - 1:33pm
Ayala Land Inc. has set its sights on more property buyouts after raising funds through the sale of one of its malls.
Philippines Inc. renews call for passage of CREATE
by Ian Nicolas Cigaral - January 15, 2021 - 3:20pm
Businessmen on Friday renewed their call for the passage of the Duterte administration's revised corporate tax reform, saying the measure would serve as companies' main fix to the destruction of the coronavirus...
Still 'premature' to say missing EastWest bank deposits were stolen — BSP
by Ian Nicolas Cigaral - January 15, 2021 - 12:08pm
The central bank said it is still too early to conclude that the missing deposit funds of two clients of EastWest Banking Corp. were stolen by a branch manager.
BSP probes EastWest deposits taken by missing staff
by Ian Nicolas Cigaral - January 14, 2021 - 10:22pm
The Bangko Sentral ng Pilipinas said Thursday it is now investigating reports about missing deposit funds of some clients of EastWest Bank.
Car sales skid to 7-year low with tariffs dimming prospects
by Ian Nicolas Cigaral - January 14, 2021 - 6:07pm
For all of 2020, CAMPI members sold 223,793 units, down 39.5% year-on-year and was the lowest since 2013.
'Opening' seen to ease quarantine despite COVID-19 variant arrival
by Ian Nicolas Cigaral - January 14, 2021 - 4:50pm
“Given the experience of other countries, I think there’s an opening,” Acting Socioeconomic Planning Secretary Karl Kendrick Chua said.
Third year of decline pulls down PEZA investments to 14-year low
by Ian Nicolas Cigaral - January 14, 2021 - 1:08pm
Risk aversion last year reached even the country’s largest economic zone operator where tax perks are offered in exchange for placements.
IBON: Cha-Cha won't fix pandemic damage
by Ian Nicolas Cigaral - January 13, 2021 - 4:12pm
Easing the Constitution's protectionist provisions won't give the economy a shot in the arm amid the coronavirus onslaught, a non-profit think tank said.
Coronavirus borrowings stoke debt burden to 14-year high
by Ian Nicolas Cigaral - January 13, 2021 - 8:38am
On Tuesday, Finance Secretary Carlos Dominguez III said emerging data showed outstanding state debt was equivalent to 53.5% of gross domestic product last year, the highest since 2006. 
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