The trading floor at the Philippine Stock Exchange headquarters in Taguig City. — PHILIPPINE STAR/KRIZ JOHN ROSALES PHILIPPINE SHARES may rise this year as a robust economic outlook and expectations of monetary policy easing could lift market […]
PEZA broadening search for economic zone investments
THE Philippine Economic Zone Authority (PEZA) said it is seeking “nontraditional” countries of origin for economic zone investments. “Ang strategy kasi ng PEZA is how we can diversify ’yung basket of eggs natin (PEZA’s strategy is how we […]
ERC says rules for retail power consumer choice programs to be out soon
ROBERT LINDER-UNSPLASH THE Energy Regulatory Commission (ERC) and the Department of Energy (DoE) are preparing to release omnibus rules on consumer choice programs in the retail electricity market. “We have included the green energy option program” in […]
End-September net external liability position widens
The Bangko Sentral ng Pilipinas main office in Manila. THE Philippines’ net external liability position widened at the end of September due to a decline in the central bank’s reserve assets, the Bangko Sentral ng Pilipinas (BSP) […]
Insurance program launched to cover ‘strategic’ gov’t assets
PHILSTAR FILE PHOTO THE Bureau of the Treasury (BTr) has launched the National Insurance Indemnity Program (NIIP) to provide cover for “strategically important” government assets, starting with school buildings, the Department of Finance said. “I commend the […]
Mid-December well-milled rice prices average P54.68 a kilo
PHILIPPINE STAR/KRIZ JOHN ROSALES THE national average retail price of well-milled rice in late December was P54.68 per kilogram (kg), according to the Philippine Statistics Authority (PSA). Rice prices rose 0.97% during the Dec. 15 to 17 […]
National Gov’t gross borrowing up 28.2% in Nov. as domestic debt surges
BW FILE PHOTO THE National Government’s gross borrowing rose 28.2% year on year in November, as domestic debt continued to grow in the double digits. The Bureau of the Treasury reported that gross borrowing rose to P125.462 […]
Transfer pricing considerations for intercompany loans
By Patrick Manuel R. Olarte As each delicate strand of Christmas light is taken down from the walls, each Christmas ornament is undecked from the halls, and each Christmas tree is carefully dismantled and boxed […]
Powerful earthquake jolts Japan; residents told to evacuate coast
CHRIS BARBALIS-UNSPLASH TOKYO — A powerful earthquake struck central Japan on Monday, triggering warnings for residents to evacuate some areas on its west coast, knocking out power to thousands of homes and disrupting flights and rail services […]
Jeepney drivers, operators declare more strikes vs transport program
JEEPNEY drivers sit on the sidewalk in Manila as they continue their three-day strike on Tuesday against franchise consolidation under the government’s Public Utility Vehicle Modernization Program, which effectively phases out commuter jeepneys. — PHILIPPINE STAR/EDD GUMBAN […]