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Philippines launches 25-year dollar bonds

SINGAPORE/MANILA -- The Philippines is marketing a 25-year US dollar benchmark bond, IFR, a Thomson Reuters publication, reported on Wednesday......»»

Source: Bworldonline BworldonlineCategory: NewsJan 18th, 2017Related News

Tax reforms enter legislative mill

THE FIRST PACKAGE of President Rodrigo R. Duterte’s tax reform program has finally hit ground in the House of Representatives, with the Department of Finance (DoF)-backed proposal filed as a bill by the head of the Ways and Means committee......»»

Source: Bworldonline BworldonlineCategory: NewsJan 18th, 2017Related News

BMI sees Sino-Japan rivalry to benefit PHL

THE PHILIPPINES will likely benefit from the China-Japan rivalry for economic and political influence in Asia, analysts at BMI Research said, particularly citing prospects for more aid and investments from the two powers......»»

Source: Bworldonline BworldonlineCategory: NewsJan 17th, 2017Related News

Investors look past Duterte's tough talk

POLITICAL NOISE generated by President Rodrigo R. Duterte's unconventional leadership style has stoked uncertainty especially for this year, though not to the extent of eclipsing the Philippines' "solid macroeconomic fundamentals," according to an Asian business survey that also showed respondents in the Philippines who planned to raise investments outnumbered those planning cuts......»»

Source: Bworldonline BworldonlineCategory: NewsJan 17th, 2017Related News

IPP designed to make growth inclusive

INCENTIVES will be granted to new ventures that will help spread the benefits of the country's fast economic growth to the countryside, according to the current administration's draft first Investment Priorities Plan (IPP) shown to reporters yesterday......»»

Source: Bworldonline BworldonlineCategory: NewsJan 17th, 2017Related News

Motoring: Crossover gets a makeover

THE UNIQUELY DESIGNED compact crossover Nissan Juke marks a year since it first burst onto the local automotive scene, and Nissan Philippines, Inc. (NPI) is looking back with gratitude at the vehicle's undoubted success......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 17th, 2017Related News

Opinion: To Take A Stand -- Rafael M. Alunan III: "What will be, will be"

Briefly, beats me. The situation's uncertain because we're standing on soft ground. Economically, South Asia's booming; ASEAN's steadily growing; America's and Japan's are gradually improving; the Middle East's slowly recovering; South America's, Europe's, Africa's, and China's are shaky. That puts things on murky territory......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 17th, 2017Related News

The World: Russia ready to meet Trump on nuclear weapons

MOSCOW -- Russia expects to have a dialogue with the Trump administration on strategic stability, including on nuclear weapons, Russian Foreign Minister Sergei Lavrov said on Tuesday......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 17th, 2017Related News

World Sports: Mahindra out to get 3rd win in a row

EXPERIENCING a "resurrection" of late in the PBA Philippine Cup, the Mahindra Floodbuster are out to build on their winning streak, eyeing a third straight victory in their showdown with the TNT KaTropa today at the Cuneta Astrodome in Pasay City......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 17th, 2017Related News

Arts & Leisure: Screen actors gather on stage for Martial Law play

TO REMIND FILIPINOS that history is indeed repeating itself, new theater company Sugid Productions, Inc. is mounting a play about what several people endured during the Martial Law era......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 17th, 2017Related News

Nation: VAT exemptions for seniors, PWDs to stay in tax reform

THE Department of Finance (DoF) is revising its personal tax reform proposal to keep the value-added tax (VAT) exemptions enjoyed by senior citizens and persons with disabilities (PWDs), according to Senate committee on ways and means Chairperson Juan Edgardo M. Angara......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 17th, 2017Related News

Economy: HSBC sees remittances, FDI as key to PHL economy's resilience

THE equities market, peso and the overall economy will remain resilient this year despite global market uncertainties, according to the Hong Kong and Shanghai Banking Corp. (HSBC), with the bank factoring into its projections strong remittances, foreign direct investment and robust domestic consumption......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 17th, 2017Related News

Stock Market: 'Brexit,' Trump uncertainty spook local stocks

LOCAL STOCKS dropped for a fifth consecutive session, as investors continued to await clarity on the planned exit of the United Kingdom from the European Union (EU) as well as US president-elect Donald J. Trump's economic policy direction......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 17th, 2017Related News

Finance: More foreign banks searching for Philippine partners, says BSP exec

MORE FOREIGN banks have expressed their interest to invest in local banks, a signal of continuous offshore confidence in the local financial system, a central bank official said......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 17th, 2017Related News

Corporate News: Filinvest still keen on airports project

A FILINVEST-LED consortium is open to vying for the development of five regional airports under the public-private partnership (PPP) scheme, which have recently been unbundled by the government......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 17th, 2017Related News

Front Page: IPP designed to make growth inclusive

INCENTIVES will be granted to new ventures that will help spread the benefits of the country's fast economic growth to the countryside, according to the current administration's draft first Investment Priorities Plan (IPP) shown to reporters yesterday......»»

Source: Bworldonline BworldonlineCategory: FinanceJan 17th, 2017Related News

Nov. remittance growth fastest in over 8 years

CASH REMITTANCES surged ahead of the holidays in November last year at the fastest pace in over eight years, the Bangko Sentral ng Pilipinas (BSP) reported yesterday, taking the year-to-date tally closer to the central bank’s estimate for 2016......»»

Source: Bworldonline BworldonlineCategory: NewsJan 16th, 2017Related News

Businesses can unlock $12-trillion opportunities through key development goals -- Davos report

DAVOS, SWITZERLAND -- Companies could unlock at least $12 trillion in market opportunities by 2030 and create up to 380 million jobs by implementing a few key development goals, according to a study by a group including global business and finance leaders......»»

Source: Bworldonline BworldonlineCategory: NewsJan 16th, 2017Related News

S&'38;P: Philippine lure to weather Duterte talk

CONTROVERSIAL statements made by President Rodrigo R. Duterte are unlikely to spoil the Philippines’ growth story, according to a credit analyst at S&P Global Ratings who noted that such remarks have yet to translate to actual policy changes......»»

Source: Bworldonline BworldonlineCategory: NewsJan 16th, 2017Related News

IMF sees 2017 PHL growth on target

THE INTERNATIONAL Monetary Fund (IMF) expects the Philippines to remain among Asia’s growth leaders in 2017 on the back of increased public spending and a recovery in exports, its country official said, even as he stressed the need to legislate tax reforms to support the government’s aggressive fiscal plans......»»

Source: Bworldonline BworldonlineCategory: NewsJan 16th, 2017Related News