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Puerto Rico govt could collapse if no steps taken

SAN JUAN — The administration of Puerto Rico's new governor warned on yesterday that the US territory government could shut down if dramatic measures to offs.....»»

Category: newsSource:  philstarRelated NewsJan 17th, 2017

Govt troops rescue businesswoman abducted in Zamboanga del Norte - GMA News

Govt troops rescue businesswoman abducted in Zamboanga del Norte - GMA News.....»»

Category: newsSource:  googlenewsRelated NewsSep 21st, 2016

Govt sells P65-b retail bonds as investors swarm auction

Govt sells P65-b retail bonds as investors swarm auction.....»»

Category: financeSource:  thestandardRelated NewsSep 6th, 2016

Govt cuts business procedures

The government announced Tuesday the reduction in processing time for new business registration from five days to 1 ½ days to encourage more foreign and local investors. .....»»

Category: financeSource:  thestandardRelated NewsAug 30th, 2016

S. Korea’s Hanjin Shipping on verge of entering court receivership

South Korea’s debt-ridden Hanjin Shipping Co. is teetering on the brink of becoming insolvent and falling under court receivership as its main creditor Korea Development Bank (KDB) rejected the final self-rescue plan that the troubled shipper submi.....»»

Category: newsSource: NewsAug 28th, 2016

Hanjin Group misses deadline for additional financial support to rescue its shipping unit

The fate of debt-ridden Hanjin Shipping Co. remains yet uncertain with its parent group having missed the August 20 deadline to submit additional financial support measures to creditors to salvage its shipping unit from heading to court receivership. All .....»»

Category: newsSource: NewsAug 23rd, 2016

Govt shelves MRT buyout plan

The Transportation Department shelved the Aquino administration’s plan to buy the private investors out of Metro Rail Transit Line 3, an official said over the weekend......»»

Category: financeSource:  thestandardRelated NewsAug 21st, 2016

Govt cuts processing time for affordable housing

GOVERNMENT agencies at the end of last week announced steps to reduce processing time and procedures for homeowners of a key affordable housing program and for members of the Home Development Mutual Fund (Pag-IBIG), in line with President Rodrigo Duterte.....»»

Category: newsSource:  manilatimes_netRelated NewsAug 21st, 2016

Govt to lower income tax rates

The government is considering reducing individual and corporate income taxes to 25 percent in three years to attract more foreign investors. Finance Secretary Carlos Dominguez 3rd said the government plans to reduce corporate income tax rates from 30 perc.....»»

Category: newsSource:  manilatimes_netRelated NewsAug 17th, 2016

Gordon sa ibang govt official: huwag sumawsaw sa Recto bank hit and run incident

Manila, Philippines – Nanawagan si Senator Richard Gordon sa ibang government officials na huwag nang magbigay komento lalo na kung hindi naman konektado sa nangyaring hit and run incident sa Recto Bank. Dagdag pa niya na dapat ay hayaan na lang ang Department of Foreign Affairs (DFA) at Department of National Defense (DND) na magsalita […].....»»

Category: newsSource:  remateRelated News2 hr. 14 min. ago

BSP focused on improving FDI environment — Diokno

THE Bangko Sentral ng Pilipinas (BSP) is committed to ensuring a favorable environment for foreign investors by achieving “price stability, a sound external payments position, financial stability, and an efficient payment system,” Governor Benjamin E. Diokno said......»»

Category: financeSource:  bworldonlineRelated News5 hr. 40 min. ago

Vietnamese ship captain recalls rescue of 22 ‘hungry, quivering’ Filipino fishermen

THE captain of the Vietnamese ship that rescued 22 Filipino fishermen after their boat was rammed by a Chinese vessel recalled how the victims were “hungry and quivering” when he…READ The post Vietnamese ship captain recalls rescue of 22 ‘hungry, quivering’ Filipino fishermen appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated News18 hr. 27 min. ago

Vargas steps down as POC top honcho

Philippine Olympic Committee president Ricky Vargas yesterday stepped down from his post but promised to continue supporting sports in a different capacity......»»

Category: newsSource:  philstarRelated NewsJun 18th, 2019

PSE index rises ahead of central bank reviews

THE MAIN INDEX firmed up on Tuesday despite moving sideways for most of the session as investors remained cautious ahead of several central bank meetings this week......»»

Category: financeSource:  bworldonlineRelated NewsJun 18th, 2019
Category: newsSource:  manila_shimbunRelated NewsJun 18th, 2019

Hong Kong stocks rally after extradition law U-turn as Asian markets bounce

HONG KONG – Hong Kong stocks rallied Monday, June 17, leading many Asian markets higher after last week's losses, with investors cheering a decision by the city to suspend plans to push through a controversial extradition law. Investors are also moving cautiously ahead of two huge market-moving events: the Federal ........»»

Category: newsSource:  rapplerRelated NewsJun 17th, 2019

11th Visayas Energy Investment Forum Held in Cebu

The Department of Energy (DOE) through its Investment Promotion Office (IPO) brought to Cebu the 11th Visayas Energy Investment Forum (VEIF). The forum updated the stakeholders and potential investors on the latest development in the energy investment opportunities in the Visayas. The event also enabled the government and business sector representatives to meet prospect providers […].....»»

Category: newsSource:  metrocebuRelated NewsJun 17th, 2019

Investors see uncertainties in new power investments Manila Bulletin Business

Investors see 'uncertainties' in new power investments Manila Bulletin Spooked by the recent judicial intervention on the industry's competitive selection process (CSP) on supply contract.....»»

Category: newsSource:  manilanewsRelated NewsJun 17th, 2019

Power underwhelming:Why are there power outages?

IN THE PHILIPPINES, one would have to get used to brownouts, or the drop in voltage in an electrical power supply system. Whether or not it is intentional, these outages have wide-ranging effects on the economy: households would experience no electricity for a few minutes or even for hours, causing great inconvenience; businesses would incur higher costs by way of lost revenue and reduced productivity; and investors would be hesitant to do business, leading to reduced investments......»»

Category: newsSource:  bworldonlineRelated NewsJun 17th, 2019

ICTSI stock price rises on planned terminal expansion in Croatia, net foreign buying

INVESTORS snapped up shares of International Container Terminal Services, Inc. (ICTSI) on news its subsidiary in Croatia has started a year-long expansion of its terminal at the Port of Rijeka to accommodate larger vessels......»»

Category: newsSource:  bworldonlineRelated NewsJun 16th, 2019