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Inflation to remain within target — BSP

Feb 22, 2012 No Comments by

Top Story Posted on February 22, 2012 11:48:26 PM INFLATION IS expected to stay within target this year despite concerns over rising oil prices, the Bangko Sentral ng Pilipinas (BSP) chief yesterday said. A second bailout for cash-strapped Greece, meanwhile, should give the local market a breather …

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Manila asks WTO for time to set reforms

Feb 22, 2012 No Comments by

Top Story Posted on February 22, 2012 11:49:25 PM MANILA is seeking a “reasonable period of time” to reform its liquor taxes as mandated by the World Trade Organization (WTO), pointing to …

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Pagcor nixes casino graft involvement

Feb 22, 2012 No Comments

Top Story Posted on February 22, 2012 11:51:41 PM CLAIMS that local officials were lavished with gifts and accepted payoffs were denied yesterday by the Philippine Amusement and Gaming Corporation (Pagcor), which has been dragged into a high-stakes dispute between …

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Gov’t levies import taxes on ecozone-based oil firms

Feb 22, 2012 No Comments

Top Story Posted on February 22, 2012 11:52:08 PM THE GOVERNMENT will begin charging import taxes on ecozone-based oil firms starting next month, following through with a plan it claims will address smuggling and increase revenues. Revenue Regulations 2-2012, published in a newspaper yesterday and to take effect in 15 days…

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PSE limits tweaks to sub-indices

Feb 22, 2012 No Comments

Top Story Posted on February 22, 2012 11:52:46 PM THE PHILIPPINE Stock Exchange (PSE) is not altering the composition of its 30-stock main index next month but will modify the composition of …

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Unemployment up — SWS

Feb 22, 2012 No Comments

Top Story Posted on February 22, 2012 11:53:51 PM ADULT UNEMPLOYMENT has increased, the Social Weather Stations (SWS) said in a new report, with some four-fifths accounted for by people who resigned or were retrenched. The …

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RTB proceeds may top P110B

Feb 21, 2012 No Comments

Top Story Posted on February 21, 2012 11:30:09 PM …

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Imelda’s brother Kokoy passes away at 81

Feb 21, 2012 No Comments

Top Story Posted on February 21, 2012 11:31:07 PM FORMER Philippine Ambassador Benjamin “Kokoy” Romualdez, the younger brother of former First Lady and now Ilocos Norte representative Imelda R. Marcos, passed away yesterday afternoon. His son, Leyte Rep. Martin Romualdez, confirmed the passing. The…

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Cigarette firm bucks ‘sin’ tax increase plan

Feb 21, 2012 No Comments

Top Story Posted on February 21, 2012 11:31:49 PM THE GOVERNMENT will lose more revenues than it will gain should a planned increase in so-called “sin” taxes push through, a cigarette maker yesterday claimed. “If the government pursues a sharp increase in excise taxes, it will push up prices, …

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Record pledges for electronics last year — SEIPI

Feb 21, 2012 No Comments

Top Story Posted on February 21, 2012 11:32:41 PM ELECTRONICS investment pledges hit a record …

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