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Archives

Moody’s sees 6.7% GDP growth for PH in Q4 ’17

MANILA — Moody’s Analytics projects a 6.7 percent output for the Philippine economy in the last quarter of 2017. This …

PH successfully sells USD2-B 10-yr global bond at 3% coupon rate

MANILA – – The Duterte administration’s Build, Build, Build program got another boost after the government successfully sold USD2-billion worth …

Buenaventura wants Landbank to acquire majority stake in PDS

MANILA — Land Bank of the Philippines’ (Landbank) wants to buy majority shares in the Philippine Dealing System (PDS) in …

Sunlife Canada eyes P1.5-B investment in gov’t infra projects

MANILA — Sun Life of Canada (Philippines), Inc. (SLOCPI) is willing to invest around PHP1.5-2 billion on infrastructure projects to …

PH announces 10-year Global bond offer

MANILA— The Philippine government on Thursday announced its latest 10-year global bond offering, which will be issued with a swap …

PSEi, peso slip anew on profit-taking

MANILA— Profit-taking hurt the Philippine Stock Exchange index (PSEi) for the second day in a row on Thursday, which in …

Banks ‘business as usual’ in Mayon-affected areas

MANILA— The Bankers Association of the Philippines (BAP) has assured bank clients in areas affected by the looming eruption of …

GSIS eyes USD800-M overseas investment in 2018

MANILA — State pension fund Government Service Insurance System (GSIS) will invest some USD800 million overseas this year as it …

Gov’t tax-take from sugar-sweetened beverages to hit P52-B this ’18

MANILA — Expected revenues from excise tax on sugar-sweetened beverages is seen to contribute some PHP52.03 billion to government coffers …

Package 4 of tax reform to simplify tax rates on investment products

MANILA — Finance officials aim to simplify tax rates on investment products in the Philippines partly to help improve services …

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