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Archives

Business sector sentiment for Q1 slips on higher oil prices

MANILA – Business optimism in the Phlippines during the first quarter of 2018 has dropped due to the usual deceleration of …

Gov’t to lose P20-B in cigarette taxes due to illicit trade

MANILA — The government is seen to lose about PHP20 billion worth of taxes from cigarette products this year alone …

Disbursement of TRAIN-related subsidy to start this February

MANILA – – Beneficiaries of the government’s conditional cash transfer (CCT) program receiving subsidies through automated teller machines (ATMs) will …

Bankers group welcomes cut in reserve requirement ratio

MANILA — Economic activity is seen to get an additional boost from the Bangko Sentral ng Pilipinas’ (BSP) cut of …

Diokno wants review of PBB program

MANILA — The Department of Budget and Management (DBM) is considering a re-study of the Performance-Based Bonus (PBB) program to …

Final proposal for military pension system out by year-end

MANILA — An actuarial study on the feasibility of a Government Service Insurance System (GSIS)-run pension system for the military, …

UCPB to close branches on Chinese New Year

MANILA — All branches of UCPB will be closed on Friday, Feb. 16, due to the declaration of the Chinese New …

BSP hikes offering for 7-day, 14-day TDF

MANILA — The Bangko Sentral ng Pilipinas (BSP) hiked the offering for its seven-day and 14-day Term Deposit Facilities (TDFs) …

January 2018 inflation uptick not due to TRAIN: DOF exec

MANILA— Businesses’ compliance to higher taxes on cigarettes and not the impact of tax reform is the main factor for the …

Diokno eyes academe role in macro econ assumptions setting

  MANILA— Budget and Management Secretary Benjamin Diokno is considering to include the academe in budget deliberations on macro economic assumptions …
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