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Report on 26 closed, suspended mines out soon

MANILA — Experts tapped by the inter-agency Mining Industry Coordinating Council (MICC) are scheduled to conclude their review on 26 mining …

Peso keeps strength, PSEi slides

MANILA — The Philippine peso ended Tuesday almost flat against the Greenback but the Philippine Stock Exchange index (PSEi) shed as …

DOF cites reason for sin products’ tax hikes

MANILA — Faster rate of price increases of sin products, namely tobacco and alcoholic beverages, among others, continues to push domestic …

BSP introducing 3D reform agenda

MANILA — The Bangko Sentral ng Pilipinas (BSP) has adopted a three-pronged reform to ensure that domestic banks are ready for …

DOF exec hopeful for Package 1-b approval this year

MANILA — A ranking Department of Finance (DOF) official remains optimistic that Package 1-b of the proposed tax reform program will …

Local thrift banks embrace innovations

MANILA — Officials of the Chamber of Thrift Banks (CTB) are open to innovations on financial technology, citing the advantages towards …

PH consumer confidence weakens on expected commodity price upticks

MANILA — The Philippine consumers’ confidence dropped to its lowest level in the first quarter of 2018 on expectations of higher …

T-bill rates post mixed results Monday

MANILA – -Rates of the Philippine Treasury bills (T-bills) posted mixed results Monday. Average rate of the benchmark 91-day paper declined …

Security Bank announces online channels suspension on March 29-30

MANILA — Online banking channels of Security Bank will be inaccessible from March 29, 2018 until the following day in line …

SSS head optimistic of hike in SSS contribution in 2018

MANILA — Social Security System (SSS) President and CEO Emmanuel Dooc remains hopeful of an increase in the agency’s contribution this …

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