December 15, 2017, 9:52 pm
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Business News

Pharma eyes acquisition

December 12, 2017
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Listed Philab Holdings Corp., said it plans to acquire 67 percent of local pharmaceutical firm Sydenham Laboratories Inc. (SLI), as it initiates due diligence on the company. 

Insurer focuses on health

December 12, 2017
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Philam Life believes that insurance should go beyond protection.

Oil firms roll back prices

December 12, 2017
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Local oil retailers implemented a price rollback for the second consecutive week attributed to the strong performance of  US dollar last week.

Developer plans Boracay resort

by RUELLE CASTRO on December 12, 2017
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Leisure & Resorts World Corp. (LRWC) said it is currently in talks with Macau-based Galaxy Entertainment Group Ltd. (GEG) on the possibility of developing a world class beach resort and casino in Boracay island. 

Transco participates in telco

December 12, 2017
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The National Transmission Corp. (TransCo) is positive it can be part of the planned third telecommunications player in the Philippines as the government announced the possibility of China Telecom filling the spot.

IN WTO: PH pushes MSME agenda

December 11, 2017
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The Philippines, championing still the inclusion of micro, small and medium enterprises (MSMEs) in global trade, will seek the use of tariffs to protect agriculture while demanding the elimination by other countries of export subsidies and domestic support to their industries,
 

Tax reform to create 500K jobs

by ANGELA CELIS on December 11, 2017
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The proposed Comprehensive Tax Reform Program (CTRP) will create about half a million jobs over the next half-decade and could lift up to 250,000 Filipinos out of poverty over the same period, an official of the National Economic and Development Authority (NEDA) said.

Sin tax review set

December 11, 2017
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The Department of Finance (DOF) will call for the lowering of the corporate income tax as well as the review of the sin tax and the rationalization of incentives under the second package of the Comprehensive Tax Reform Program, one of the priority bills it  will support in 2018.

PH to sell $1B new global bond

December 11, 2017
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The government is eyeing to sell $1 billion in new global bonds in 2018, amid the administration’s plan to accelerate spending, particularly for its planned infrastructure program, among others.
 

Oil firm keen on renewables

by Jed Macapagal on December 11, 2017
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Cesar Romero, Shell country manager, said the company is keen on finally setting up a renewable energy(RE) investment in the Philippines, seeking out a local partner so as to comply with existing ownership rules in the country.

Pages

Front Page

Column of the Day

Santa Claus isn’t coming

By DAHLI ASPILLERA | December 15,2017
‘Kids, sorry to say that Santa Claus is not coming this year. Things are falling apart in the North Pole.’

Opinion of the Day

Duterte doesn’t rule out nationwide martial law

By ELLEN TORDESILLAS | December 15, 2017
‘Duterte does not even bother to allay these concerns.’