Credit to Author: Tyrone Jasper C. Piad| Date: Thu, 21 Nov 2019 16:16:19 +0000
THE Senate will not pass the proposed Corporate Income Tax and Incentives Rationalization Act (Citira) in its current form, according to the American Chamber of Commerce in the Philippines (AmCham). On the sidelines of a forum in Pasay City on Thursday, AmCham Executive Director Ebb Hinchliffe expressed doubt about the bill’s passage, saying if this […]
Read moreCredit to Author: Tyrone Jasper C. Piad| Date: Thu, 21 Nov 2019 16:15:23 +0000
THE stock market plunged for a second straight day on worries that an interim trade agreement between the United States and China would not be signed. The benchmark Philippine Stock Exchange index (PSEi) shed 1.002 percent or 79.17 points to finish at 7,818.89, while the wider All Shares slid 0.99 percent or 46.64 points to […]
Read moreCredit to Author: Lisbet K. Esmael| Date: Thu, 21 Nov 2019 13:00:49 +0000
THE Department of Transportation (DoTr) said on Thursday the government would still push through with its plan to modernize public utility vehicles (PUVs) and that it was on track to implement it. In a statement, the Transportation department said that while it resolved to conduct a roadworthiness test for old units, allowing operators to have more […]
Read moreCredit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 20 Nov 2019 13:00:13 +0000
THE share of electronic payments (e-payments) to total retail payment transactions in the Philippines has exceeded the central bank’s target, according to its head. “My guess is we are already at 30 percent now,” Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said during a briefing on Wednesday. To recall, the BSP wants to increase e-payments in the country […]
Read more