Economy

The full effects of Brexit on Britain’s trading relations may not be resolved for a further 20 years, a leading economics commentator has claimed.

Standing under the scorching heat, the 57-year-old Mang Kikoy looks afar, wondering if he still has crops to harvest this season.

By Riza Lozada The International Monetary Fund (IMF) raised the need for the government to increase the fuel tax to recoup lost revenues as a result of the dwindling prices of oil products. Chikahisa Sumi, the head of the IMF mission that recently visited the country, said the increase in fuel excise taxes becomes more urgent if a tax package …

By Riza Lozada State scientists fear that 31,000 people would perish and structural losses could reach P2.3 trillion in the event a 7.2-magnitude earthquake hits Metro Manila, the Philippine Institute of Volcanology and Seismology (Phivolcs) said, based on simulations it made.

By Jerry Maglunog Pawnshops are vital businesses. They help people who run out of cash to get instant money for a modest interest of 3 percent to 4 percent a month. In the Philippines, there are several big-name pawnshops that have become part of people’s lives, especially those who need instant cash.

By Riza Lozada The government has agreed in principle to back the relaxation of the negative list for contractors to allow foreign-controlled firms to enter the booming construction activities in the country.

By Jerry Maglunog “The world is coming to Asia.” These were the words of London City lord mayor Alderman Alan Yarrow when he visited the Philippines in February this year.

The International Trademark Association and the Intellectual Property Office of the Philippines (IPOPHL) recently signed a memorandum of understanding (MOU) during the 2015 INTA Annual Meeting in San Diego, California.

By Riza Lozada The National Bureau of Investigation (NBI) had started full implementation of its “Online Registration, Appointment and E-payment System” that significantly reduced the processing time of securing official documents, mainly NBI clearance.

By Riza Lozada Pension fund Government Service Insurance System (GSIS) continues to be hounded by problems in selling its GSIS Family Bank (GFB) unit, as bidders wanted an assurance that the 20 branches of the bank would retain its privilege of being exempt from paying licensing fees.