economy

DOLE: Too many holidays not good for economy, workers’ pay

Feb 22, 2012 No Comments by

Citing adverse effects on productivity, competitiveness and workers’ pay, the Department of Labor and Employment said Wednesday it is …

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Boeing says ‘fixable flaw’ may affect 55 Dreamliners

Feb 22, 2012 No Comments by

SINGAPORE  - About 55 Boeing Co 787 Dreamliner jets may have a recently discovered flaw in the fuselage, the company said on …

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Obama proposes to cut corporate tax rate to 28%

Feb 22, 2012 No Comments

WASHINGTON   – President Barack Obama’s administration on Wednesday unveiled plans to lower the top corporate tax rate to 28 percent and choke off lucrative loopholes, an election-…

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Again, oil firms up prices

Feb 22, 2012 No Comments

Philippine Daily Inquirer 2:23 am | Thursday, February 23rd, 2012 Oil companies raised fuel prices anew Wednesday to reflect the continued uptrend of …

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Inflation to remain within target — BSP

Feb 22, 2012 No Comments

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

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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