Top News

EastWest to issue P10B in long-term notes

Listed East West Banking Corp. (EastWest) will issue up to P10 billion long-term negotiable certificate of deposit (LTNCD) which will be initially offered with terms of 5.5 and 7 years and the pro­ceeds from which will be used for expansion of long-term de­posit base and for general funding purposes. The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) recently …

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Vista Land, UP team up for tech business school

Vista Land and Lifes­capes (Vista Land) and the University of the Philippines (UP) launched the first phase of development for the up­coming UP School of Tech­nology Entrepreneurship to be built in the state universi­ty’s new UP Alabang campus.

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Trump beneficial for Philippines, not for Asean neighbors

A joint survey of the Japan Center for Economic Review and business pub­lication Nikkei Asian Review showed that the impact of President Donald Trump’s impact in Southeast Asia will differ by country but is expected to be beneficial for the Philippines.

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10M poor families to get doles after fuel tax OK

By Luis Leoncio The government would provide additional cash doles to the 10 million poorest families, aside from their regular stipends under the Pantawid Pamily­ang Pilipino Program (4Ps), once Congress approves the Department of Finance (DOF) proposal to increase the ex­cise tax on oil products.

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Senate won’t rush sin tax law revision: Angara

Proposals to amend the so-called sin tax law to revert to a two-tier sin tax system, em­bodied in a bill that has been approved by the House of Representatives, may have to wait longer as the Senate said it would still review the overall impact of the Sin Tax Reform Law.

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War vs drugs hits hard at furniture and handicraft industries.

Talk about collateral dam­age.

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Davao City makes it to list of Top 10 cities to watch

By Riza Lozada Ten of the country’s big cit­ies stood out in development, based on a study conducted by property research Lamudi Philippines. The research saw the debut of President Duter­te’s Davao City as one of Philip­pines’s Top Ten cities to watch.

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Trump kicks off term with TPP withdrawal

The administration of new US President Donald Trump announced two key policy actions to fire off his four-year term as the United States government announced its withdrawal from a sweeping Pacific free trade pact while Trump signed an executive order regarding Obamacare.

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SSS seeks to invest heavily on infra deals under new concept

Pension fund Social Security System (SSS) said it has embarked on a program to invest the fund under the concept of “people’s capitalism” that seeks to generate huge returns through the infusion of capital for up to 25 percent in the list of infrastructure the government has lined up.

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Government body runs after Tañon Strait poachers

By Riza Lozada The government’s Protected Area Office is set to start the enforcement plan for the Tañon Strait Protected Seascape, which seeks to increase seaborne patrol operations and file cases against violators.

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