The City of Manila has recognized global port operator International Container Terminal Services, Inc. (ICTSI) and subsidiary Manila North Harbour Port, Inc. (NorthPort) as among the city’s top business taxpayers for fiscal year 2018.
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August, 2019
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13 August
LTO to begin RFID fee refund August 15
The Land Transportation Office (LTO) announced on Friday that beginning Thursday next week (August 15), motorists who have paid the Radio Frequency Identification (RFID) fees from August 1, 2009, to January 15, 2010, will be given refunds from their local LTO offices.
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13 August
DoF: Low 2nd quarter growth not unexpected
Finance Secretary Carlos Dominguez III said the growth of 5.5 percent in the second quarter was not an unexpected result given the residual effects of the four-months-and-a-half delay in the passage of the 2019 national budget by the House of Representatives.
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13 August
BI calls for investigation of syndicates issuing Philippine passports, IDs to illegal aliens; arrests 2 fake Filipinos
The Bureau of Immigration (BI) on Wednesday called for the investigation of syndicates behind the issuance of Philippine passports and other identification documents to illegal aliens.
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13 August
Peso recovers, PSEi down on weaker Q2 GDP
The Philippine peso recovered against the US dollar Thursday but the Philippine Stock Exchange index (PSEi) weakened after a lower-than-expected growth of the domestic economy in the second quarter this year.
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13 August
US Homeland Security cancels security notice on NAIA
The U.S. Department of Homeland Security (DHS) has lifted the public notice on its security concerns at the Ninoy Aquino International Airport (Naia).
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13 August
NEDA sees 6 to 6.5% GDP growth in 2019
Socioeconomic Planning Secretary Ernesto Pernia on Thursday called for the fast-tracking of infrastructure projects and passage of investment-oriented laws after the economy expanded at a slower pace of 5.5 percent in the second quarter.
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13 August
Landbank eyes 15% annual growth for agri loans
Officials of state-owned Land Bank of the Philippines (Landbank) are targeting to grow agriculture-focused loans by 15 percent annually to help about three million farmers by the end of the Duterte administration in 2022.
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13 August
PCG, MARINA execs in hot water
Six officials of the Philippine Coast Guard and Maritime Industry Authority were relieved from their posts following the recent tragedies at sea in the Iloilo Strait that killed 31 people.
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13 August
Angkas seeks clarification for small motorcycles ban
Ride-sharing app provider Angkas called for Skyway O&M Corp. (SOMCo) to clarify its move to prohibit sub-400cc motorcycles to ply along Osmeña Highway, which took effect on July 22, as it is deemed uncoordinated with proper authorities and beyond its mandate of operating and maintaining toll roads under the South Metro Manila Skyway Project (SMMS).
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The Market Monitor Minding the Nation's Business