bus2-pcc-eu_2018-02-21_20-33-05
Read More

EU urges Philippines to open up economy

MANILA, Philippines — The European Union (EU) has urged the Philippines to open up its economy to more foreign players, noting that the country now has a strong competition policy in place. EU Ambassador to the Philippines Franz Jessen said yesterday it is high time for the country to relax foreign restrictions as it now […]

Read More
logo
Read More

Najib: Malaysia not going bankrupt

KUALA LUMPUR: Datuk Seri Najib Tun Razak has reiterated that Malaysia would not go bankrupt as it had managed to reduce its debt to 50.4% against the self-imposed ceiling of 55% and had garnered higher foreign reserves, while works on infrastructure projects are in full swing. The Prime Minister said the government had made bold […]

Read More
sm-supermarket_2018-02-21_23-34-59
Read More

Philippines: Inflation impact of new tax law minimal, says DOF

MANILA, Philippines — The newly enacted tax reform law may raise inflation by 0.7 percentage points in the first year of its implementation, a level which is considered “minimal and manageable,” according to the Department of Finance (DOF). Finance Undersecretary Karl Kendrick Chua said the Tax Reform for Acceleration and Inclusion (TRAIN) Act—particularly the provision […]

Read More