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Biz optimism up for Q4 ‘17

MANILA — Optimism of Filipino businessmen for the fourth quarter of 2017 rose to 43.3 percent from quarter-ago’s 37.9 percent due …

Estate tax tops proposed tax amnesty program: DOF

MANILA — Any tax amnesty measure of the Duterte government, eyed for implementation in 2018, will start with estate taxes. Department …

Peso surges vs. USD; PSEi down

MANILA — Latest Senate discussion on the proposed tax reforms boosted the Philippine peso Monday while some profit-taking led the …

Gov’t eyes special council for PAGCOR privatization

MANILA — A specialized council is set to be formed for the privatization of Philippine Amusement and Gaming Corporation (PAGCOR), which …

Moody’s upgrades PNB, RCBC ratings

MANILA  — Debt watcher Moody’s Investors Service has upgraded its ratings on the Philippine National Bank (PNB) and Rizal Commercial …

BSP need not mirror Fed decisions: Espenilla

MANILA — The Bangko Sentral ng Pilipinas (BSP) need not follow what the Federal Reserve does since these central banks …

BPI lists 5.5-yr LTNCTDs due 2023

MANILA — Ayala-led Bank of the Philippine Islands (BPI) on Friday listed with the Philippine Dealing Exchange Corp. (PDEx) its …

Budget gap for ’17 may fall below target on rise of revenues

MANILA —  Economic managers predict that the PHP482.1 billion budget deficit ceiling for 2017 may not be achieved partly because …

28-day TDF takes a plunge on Wednesday

MANILA — Bids for the Bangko Sentral ng Pilipinas’ (BSP) longer-dated Term Deposit Facility (TDF) failed to reach even half …

6.9% full-year growth attainable: Diokno

  Department of Budget and Management Secretary (Photo By Axelchard13, CC BY-SA 4.0)   MANILA— Budget and Management Secretary Benjamin …

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