Business News
Business
Recto: VAT cut is possible, but not now
Facing the need to reduce the Value-Added Tax (VAT) as a major relief for low-income Filipino consumers, Finance Secretary Ralph Recto said on Wednesday...
Business
UP economist proposes simple fix for ‘ghost’ projects
An economics professor has suggested a simple solution to prevent “ghost” infrastructure projects from getting into the government’s budget: by including each project’s unique...
Business
BOC locates 12 Discaya-linked luxury vehicles, intensifies assets audit
The Bureau of Customs (BOC) said it has secured the locations of 12 luxury vehicles linked to the Discaya family as part of a...
Business
UNDER PRESSURE: Banks urged to build AFASA-compliant anti-scam system within 1 yr
Philippine banks are expected to set up within a year a centralized fraud detection system that is aligned with the Anti-Financial Account Scamming Act...
Business
Stocks extend fall as bond market gains strength
Share prices fell for a fifth straight session Wednesday, with trading interest dampened by recent gains in the bond market.
The Philippine Stock Exchange index...
