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Elijah Felice Rosales
Elijah Felice Rosales
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Private sector urged to boost PPP funding
by Elijah Felice Rosales - June 25, 2021 - 12:00am
The government has urged the private sector to boost financing for infrastructure projects as the economy recovers from the financial damage inflicted by the pandemic.
OECD downgrades ‘harmful’ tax status on regional HQ in Philippines
by Elijah Felice Rosales - June 25, 2021 - 12:00am
The Philippines has evaded being flagged as a “harmful” tax economy by a global policy forum for enacting a law that eliminates preferential rates on regional operating headquarters.
Government readies P9 billion fund for fresh cash dole outs
by Elijah Felice Rosales - June 24, 2021 - 12:00am
The government plans to use the nearly P9 billion borrowed funds from Japan to bankroll its remaining obligations in responding to the financial difficulties brought about by the recent revert to lockdown.
BOC to auction seized building materials
by Elijah Felice Rosales - June 23, 2021 - 12:00am
The Bureau of Customs is auctioning nearly P11 million worth of construction materials and hardware items that were either confiscated by authorities or abandoned by their importers at the Port of Manila.
Government awards P35 billion T-bonds at lower rate
by Elijah Felice Rosales - June 23, 2021 - 12:00am
The Bureau of the Treasury yesterday awarded in full P35 billion worth of reissued five-year bonds in a display of investor preference for longer term assets.
DOF, ADB tie-up to expand real property tax collection
by Elijah Felice Rosales - June 23, 2021 - 12:00am
The Department of Finance is targeting to expand real property tax collection of localities to more than P113 billion by 2024 through a multilateral-funded project that seeks to strengthen valuation and collection...
Budget gap trimmed to P200.3 billion in May
by Elijah Felice Rosales - June 23, 2021 - 12:00am
The government trimmed its fiscal deficit in May to a little over P200 billion as collecting agencies improved their tax take to push overall revenues by more than 69 percent.
T-bill rates decline on oversubscription
by Elijah Felice Rosales - June 22, 2021 - 12:00am
Yields of short-term government securities dropped across the board as investors swamped the Treasury bill auction yesterday.
Gabunada lawyer says consultancy with DOF aboveboard
by Elijah Felice Rosales - June 22, 2021 - 12:00am
The camp of communications strategist Nicanor Gabunada Jr. yesterday said there is “nothing inappropriate” in the decision of the Department of Finance to hire him as one of its consultants for public...
DOF hires 'fake' Facebook account operator
by Elijah Felice Rosales - June 21, 2021 - 12:00am
The Department of Finance has hired the services of a communications strategist whose social media pages were taken down by Facebook for conducting manipulative activities online.
Manulife gives global workforce a paid break
by Elijah Felice Rosales - June 20, 2021 - 12:00am
Toronto-based Manulife has given its around 37,000 workers, including 8,500 in the Philippines, a paid day off, giving them time to look after their personal well-being during the pandemic.
DBP extends credit line to ASF-hit hog growers
by Elijah Felice Rosales - June 20, 2021 - 12:00am
State-owned Development Bank of the Philippines will set up a loan facility where swine producers can borrow cash to repopulate their hogs and upgrade their facilities.
Dominguez named chair of coco levy committee
by Elijah Felice Rosales - June 19, 2021 - 12:00am
Finance Secretary Carlos Dominguez was elected head of the inter-agency panel tasked to craft the investment strategy in deploying the newly established coconut farmers and industry trust fund.
Tourism groups send SOS: Save hotels, travel firms
by Elijah Felice Rosales - June 19, 2021 - 12:00am
A business leader has asked the Department of Tourism to relax the rules on loans extended to travel firms that suffered losses from the cancellation of holiday trips due to the pandemic.
DOF sees further economic opening as workers get jabs
by Elijah Felice Rosales - June 18, 2021 - 12:00am
As the vaccination of essential workers has begun in Metro Manila, the Department of Finance expects policymakers to take the next step of reopening the economy to allow workers to regain the jobs they lost during...
BOC seizes P1 billion fake goods in Makati
by Elijah Felice Rosales - June 18, 2021 - 12:00am
Government agents confiscated at least P1 billion worth of counterfeit items, mostly luxury brands, during a raid on a warehouse in Barangay Magallanes, Makati, the Bureau of Customs reported yesterday.
Tourism share in GDP lowest in over 10 years
by Elijah Felice Rosales - June 17, 2021 - 12:00am
Tourism’s contribution to gross domestic product last year fell to below P1 trillion, its lowest in more than a decade, as expenditures on travel declined by double digits due to border restrictions put in...
Century Pacific sees robust profit, sales this year
by Elijah Felice Rosales - June 16, 2021 - 12:00am
Century Pacific Food Inc. expects its income and revenue to grow by double digits this year as demand for canned and packed food products continue to rise.
PSEi rises for 3rd day, hits four-month high
by Elijah Felice Rosales - June 16, 2021 - 12:00am
Stocks advanced for a third straight session yesterday, closing at a four-month high as the loosening of quarantine restrictions in the metro lifted investor sentiment.
Luzon tourists revive Boracay tourism
by Elijah Felice Rosales - June 15, 2021 - 12:00am
Tourists from Metro Manila and its surrounding provinces awakened Boracay from its summer stupor as visitor arrivals on the island reached 9,000 in the first two weeks of this month.
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