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Financial, capital markets inspired by SONA

MANILA — Positive sentiments on President Rodrigo R. Duterte’s statements in his third State of the Nation Address (SONA) lifted both …

Duterte hopes for tax reform package 2 approval by yearend

MANILA — President Rodrigo Duterte on Monday urged lawmakers to approve tax reform measures as he called on all sectors not …

Local stocks end week in positive territory, Peso moves sideways

MANILA — Positive sentiments returned to the Philippine equities market Friday enabling the main gauge to finish the week with gains …

Moody’s affirms ‘Stable’ rating on PH

MANILA — Debt rater Moody’s Investors Service on Friday affirmed the Philippines’ long-term local and foreign currency issuer rating at ‘Baa2’ …

DOF probes another tax credit controversy in textile industry

MANILA — Finance Secretary Carlos Dominguez III has ordered the creation of a task force that will investigate individuals involved in …

Espenilla hints possible hike in BSP rates

MANILA — Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. on Friday hinted the possibility of another increase in …

DOF exec eyes passage of at least 3 tax reform bills by yearend

MANILA — Finance Undersecretary Karl Chua expressed optimism for the passage of at least three additional tax reform measures by the …

PH economic program vindicated by Fitch’s ‘BBB’ rating

MANILA — Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. said the Monetary Board will continue to implement its …

Local stocks rise, Peso weakens as USD surges

MANILA — The Philippine Stock Exchange index (PSEi) rose for a second day in a row Wednesday but the peso fell …

‘Build, Build, Build’ lightyears ahead, economist says

MANILA – – The Philippines’ journey towards becoming a first world country is further gaining ground as the Duterte administration pushes …

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