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More foreign debts retired by PH in ’13

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The Philippines prepaid more foreign debts in 2013 than the year before, thus causing its outstanding obligations to non-Filipino creditors to decline. AP FILE PHOTO

The Philippines prepaid more foreign debts in 2013 than the year before, thus causing its outstanding obligations to non-Filipino creditors to decline.

Posted: April 2nd, 2014 in Latest Business Stories | Read More »

ADB raises growth forecast for PH

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The Asian Development Bank (ADB) has raised again its economic growth forecast for the Philippines for this year, expecting the country to grow by 6.4 percent on the back of improved investor sentiment. INQUIRER FILE PHOTO

The Asian Development Bank (ADB) has raised again its economic growth forecast for the Philippines for this year, expecting the country to remain one of the fastest-expanding markets in the region on the back of improved investor sentiment.

Posted: April 2nd, 2014 in Editor's Pick,Headlines,Photos & Videos | Read More »

Peace deal to boost PH credit rating

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Agriculture,  where Mindanao has a comparative advantage, is one sector that could benefit the most from the potential increase in investments, according to Moody's. FILE PHOTO

Moody’s Investors Service said the latest peace agreement between the government and a major Muslim rebel group could further boost the credit rating of the Philippines.

Posted: April 1st, 2014 in Editor's Pick,Headlines | Read More »

Gov’t institution working to earn back people’s trust

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With the government still hobbled by allegations of corruption, as seen recently by the pork barrel scam involving P10 billion in taxpayers’ money, people could not be blamed for turning a mistrustful eye on public service.

Posted: March 24th, 2014 in Headlines | Read More »

CEO pushes colleagues to adopt Filipino Olympians

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LAFFERTY with the participants of the Bull Runner Dream Marathon

The chief executive officer of the Philippine unit of British American Tobacco (BAT) is pursuing another daunting goal besides keeping the cigarette firm profitable in the wake of rising excise tax rates.

Posted: March 23rd, 2014 in Editor's Pick,Featured Gallery,Headlines,Inquirer Features,Photos & Videos | Read More »

Preneed firms grew moderately in 2013

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Insurance Commissioner Emmanuel Dooc: Upward trajectory.  PHOTO FROM INSURANCE.GOV.PH

The preneed industry registered modest growth in 2013 as the increase in demand for memorial and pension plans more than offset the drop in sales of educational plans, the Insurance Commission reported.

Posted: March 20th, 2014 in Latest Business Stories | Read More »

BIR zeroes in on big corporate taxpayers’ record

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Bureau of Internal Revenue building. INQUIRER FILE PHOTO

The Bureau of Internal Revenue (BIR) said less than half of the biggest corporate entities in the country did not make it to the list of top taxpayers.

Posted: March 20th, 2014 in Latest Business Stories | Read More »

Gov’t to spend P4.17T for infra, tourism, social projects

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The Aquino administration has committed P4.17 trillion worth of public investments in the remainder of its term to make the benefits of the growing economy trickle down the poor.

Posted: March 19th, 2014 in Headlines | Read More »

Foreign investment pledges dropped in Q4

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Foreign investment pledges fell in the fourth quarter, when natural calamities hit the country and elicited concerns over their impact on the economy.

Posted: March 19th, 2014 in Headlines | Read More »

Gov’t debt rose 4.9% to P5.59T in January, says BTr

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The government’s debt stock rose anew in January as the government continued to rely on borrowings to partly finance its expenditures.

Posted: March 19th, 2014 in Headlines | Read More »

Gov’t eyes new round of foreign bond exchange

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After its successful $1-billion bond exchange in the international market in January, the Philippines may consider a similar activity in the coming months to temper the impact of rising interest rates.

Posted: March 17th, 2014 in Headlines | Read More »

SSS contributions rose by nearly 10% in 2013

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Contributions to the Social Security System (SSS) rose by nearly 10 percent last year, hitting the P100-billion mark for the first time in the pension fund’s history as its membership grew.

Posted: March 17th, 2014 in Headlines | Read More »

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