Business

Cloey Mangali

PH Economy Remains Strong, Property Reform Measure Greenlit, New Power Suppl...

PH Economy Remains Among the Strongest In The Region In 2019 According to Fitch RatingFitch Ratings is confident that the Philippine economy will remain among the strongest in the region this year with a growth of 6.1%.In a report on the APAC Sovereign Credit ...

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Cloey Mangali

Lower National Debt, Taxes For Chinese Workers, And More Financial News

Senator Ralph Recto Backs Government Plans to Collect Taxes from Chinese Workers in PHSenate President Pro Tempore Ralph Recto agrees with the government’s plan to collect income taxes from all Chinese workers in the country.The Department of Finance (DOF) a...

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Cloey Mangali

PWD Discount, Top Philippine Companies, Corporate Income Tax Reduction, And ...

BIR releases new regulations granting PWDs a special 5% discount on basic necessitiesAccording to the latest regulations released by the Bureau of Internal Revenue (BIR), Persons with Disabilities (PWDs) will be entitled to a five percent special discount on b...

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Cloey Mangali

Mining Tax Reform, Manila-Bicol Railway, And This Week's Hottest Financial N...

Mining Tax Reform still targeted by the government as per DOFEven though it was not mentioned in President Rodrigo Duterte’s latest State of the Nation Address (SONA) last July 22, increasing the state’s share in mining revenues is one of the tax reforms t...

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Cloey Mangali

Meralco Rates Drop; Alcohol Beverage Tax And New Endo Bill To Be Pushed; And...

Meralco electricity rates continuously drop for the fourth month this AugustElectricity users in the National Capital Region (NCR) and surrounding areas will see lower bills for the fourth straight month this August as Manila Electric Co. (Meralco) announced l...

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Cloey Mangali

Bulacan Airport Project Goes To San Miguel, July Inflation At 2%, And This W...

P735 Billion Bulacan Airport Project Unchallenged, Goes to San Miguel CorporationFood, drinks, and infrastructure conglomerate San Miguel Corporation (SMC) emerged the winner in the P735-billion New Manila International Airport tender.SMC’s proposal to build...

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Money News Roundup
Cloey Mangali

Jollibee Acquires Coffee Bean, Tobacco Excise Tax, And This Week's Hottest F...

Jollibee Foods Corporation acquires Coffee Bean and Tea Leaf for $350 millionWith the goal of becoming one of the top five largest restaurant companies in the world, Jollibee Foods Corporation entered an agreement to obtain 100 percent of California-based coff...

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Dito Telecommunity
Cloey Mangali

Third Telco Player Mislatel Is Now 'Dito Telecommunity Corporation,' Acquire...

Mindanao Islamic Telephone Company or Mislatel Consortium now known as Dito Telecommunity Corporation, received their permit to operate yesterday.Dito received their Certificate of Public Convenience and Necessity (CPCN) from President Rodrigo Duterte yesterda...

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OFW Business Loans: A Guide To OWWA’s Business Loan Programs
Kristel Serran

An OFW's Guide To OWWA’s Business Loan Programs

If you’re an OFW looking to start a business, you should know that there are now lots of options with banks and legitimate financial institutions to apply for a loan for business purposes.For one, there is the government-supported Overseas Workers Welfare Ad...

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Kristel Serran

A Quick Guide To The DTI Microloan Program

For those who dream of starting their own business, the biggest block often comes at trying to get together enough funds for their starting capital. A personal loan or a business loan can help but many people who want to do business hesitate to apply for bank ...

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