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Archives

DOF set to submit Package 2 of tax reform this January ’18

MANILA— The Department of Finance (DOF) is set to submit within this month the proposed second package of tax reform …

FMIC exec sees higher inflation this year

MANILA — Philippines’ inflation rate is seen to hit the upper end of the government’s two to four percent target …

FMIC exec welcomes possibility of 3rd TDF tenor

MANILA — An official of First Metro Investment Corp. (FMIC) welcomes the news about the possibility of the central bank …

BIR, BOC post strong revenues in 2017

MANILA — Both the Bureau of the Internal Revenue (BIR) and the Bureau of Customs (BOC) posted double digit growth …

PSEi surges anew; peso slightly down

MANILA — The Philippines’ main equities index sustained improvement on Thursday  while the peso displays a little change as investors …

7-day TDF rate down this week

MANILA — Rate of the central bank’s seven-day Term Deposit Facility (TDF) fell Wednesday even as bids for the facility …

Economic managers hike several macro targets

MANILA — Members of the inter-agency Development Budget Coordinating Committee (DBCC) have revised upwards some of the government’s targets on …

PSEi, peso start 2018 with a bang

MANILA — Foreign funds continue to pour into the Philippines’ equities market, boosting not only the main index but also the …

DOF eyes further drop in PH inflation rate for December to 3.2%

MANILA— The Department of Finance (DOF) projects another deceleration in the rate of price increases in the Philippines for December …

BSP calls for halt in questioning credibility of PH legal tenders

MANILA — The Bangko Sentral ng Pilipinas (BSP) has called on the public to stop acts that will question the credibility …

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