Big-ticket investments under CREATE hit P1.14 trillion
The government has approved 1,158 projects worth P1.14 trillion three years since the enactment of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law, data from the Department of Finance (DOF) showed......»»
DBM: Infrastructure, capital expenditures breach P1 trillion
Expenditures of the national government for infrastructure and other capital outlays grew to P1.02 trillion from January to November 2023 from only P861.8 billion in the same period in 2022, according to the Department of Budget and Management......»»
P3.3 trillion in agency budget released
A total of P3.3 trillion has been released to state agencies to implement priority programs and address the problem of underspending, according to the Department of Budget and Management......»»
InstaPay money transfers swell to P5 trillion
Real-time fund transfers via InstaPay jumped by 45 percent to P5 trillion last year as volume surged by 56 percent to 838.56 million, BancNet said......»»
PH debt rose to P14.62 trillion in 2023
PH debt rose to P14.62 trillion in 2023.....»»
Call to tax the very richest arises from their own ranks
The combined wealth of the world’s very richest dipped by $500 billion in 2023, to $12.2 trillion from $12.7 trillion in March 2022, according to Forbes, whose list of 2,668 billionaires in 2022 also dipped to 2,640. The post Call to tax the very richest arises from their own ranks appeared first on Bulatlat......»»
Call to tax the very richest arises from their own ranks
The combined wealth of the world’s very richest dipped by $500 billion in 2023, to $12.2 trillion from $12.7 trillion in March 2022, according to Forbes, whose list of 2,668 billionaires in 2022 also dipped to 2,640......»»
US budget deficit tops half a trillion
Outlays accelerated while receipts fell in the first quarter of the new fiscal year, Treasury data shows The US federal budget deficit reached half a trillion dollars in the first three months of the new fiscal year as spending picked up while receipts shrank, the US Treasury revealed on Thursday. In December a.....»»
Philippine bank assets swell to P30 trillion
The total resources of the country’s financial system went up by almost 10 percent to breach the P30-trillion level, the Bangko Sentral ng Pilipinas said......»»
More investments in local motorcycle production sought
The Motorcycle Development Program Participants Association Inc. will push for more investments in motorcycle production in the country under the group’s new leadership to promote industry growth......»»
Government urged to develop natural gas industry
Developing the country’s natural gas industry is critical to driving investments that will enhance national energy security, reduce electricity costs and create more jobs for Filipinos, according to the Senate committee on energy technical working group......»»
Marcos vows sustained job creation as unemployment drops
President Marcos assured the public that his administration would sustain measures that create jobs, lure investments and upgrade the skills of workers after the Philippines recorded a drop in unemployment rate last month......»»
Para sa ekonomiya: The need for regulatory coherence
The Department of Trade and Industry said that in 2023, President Ferdinand Marcos Jr.’s trips abroad generated up to P4 trillion in foreign investments......»»
Cebu Daily Newscast: Fuel prices: Big time hikes for gasoline, diesel start Tuesday
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, February 19, 2024. Fuel prices: Big time hikes for gasoline, diesel start Tuesday Local oil firms have announced big-time increases in the pump prices of petroleum products effective on Tuesday, February 20, and.....»»
MFC Cebu highlights program via wins in SHS-AdC Football Cup
CEBU CITY, Philippines– The Makati Football Club Cebu (MFC Cebu) bagged three titles in the SHS-Ateneo de Cebu Magis Eagles 6th Football Cup over the weekend in the younger age groups. MFC Cebu topped the under-6, under-8, and under-10 divisions under head coach Ref Cuaresma and assistant coach Ayn Quidlat, Emman Donkor, June Taneo, Daniel.....»»
Santo Tomas, NU pick up big wins
Santo Tomas booked the first Final Four ticket while National U zeroed in on its own desired spot as the two contenders drubbed their respective foes in the resumption of the UAAP women’s volleyball tournament yesterday at the Mall of Asia Arena......»»
EDSA busway privatization next in DOTr’s to do list
After signing the concession agreement for the Ninoy Aquino International Airport (NAIA), the Department of Transportation (DOTr) is set to embark on the privatization of another big-ticket infrastructure: the busway in the busiest thoroughfare in Metro Manila......»»
Infrastructure projects get better loan terms from Japan
The Philippines has secured better financing terms for two big-ticket infrastructure projects funded by the Japanese government aimed at improving public transport and road connectivity......»»
Notes on the beat: Behind the scenes in the NAIA bidding
It may have been the fastest privatization of a big-ticket government asset, but it certainly was far from being seamless......»»
Security Bank, Epson partner for financing
Security Bank Corp. has partnered with Epson Philippines Corp. for a special financing program for Epson’s distributors and dealers to help them fulfill big-ticket orders which usually tighten liquidity......»»
Subic sees more investment incentives under CREATE Act
Investor companies located in this free port zone are expected to benefit from more tax perks as the government seeks to rationalize taxes and attract more investments under Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for Enterprises Act......»»