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Finance chief open to income tax cuts

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Finance Secretary Cesar Purisima. INQUIRER FILE PHOTO

Finance department officials are open to amending the country’s current income tax structure to bring rates and brackets in line with regional norms, but support would be contingent on the passage of other measures to raise revenues.

Posted: August 20th, 2014 in Editor's Pick,Featured Gallery,Headlines,Latest Business Stories,Photos & Videos | Read More »

Purisima: No big bang for ‘One Asean’ in 2015

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Southeast Asia should expect slower growth this year as tighter monetary conditions in the world’s more advanced economies could destabilize financial markets in the region.

The year 2015 is something many people are looking forward to with both fear and excitement. It is the year when members of the Association of Southeast Asian Nations (Asean) become a single bloc—the Asean Economic Community (AEC).

Posted: May 28th, 2014 in Latest Business Stories | Read More »

Political stability, better infrastructure keys to East Asia growth

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South Luzon Expressway Skyway

Expectations are high for East Asian governments to provide not only better infrastructure but also political stability to spur greater economic growth.

Posted: May 22nd, 2014 in Latest Business Stories | Read More »

Thai crisis casts shadow on Asean meet in Manila

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AP FILE PHOTO

Political unrest in Thailand has cast a shadow on Manila where some of the region’s top businessmen and policymakers are meeting this week partly to discuss Southeast Asia’s economic integration that starts next year.

Posted: May 21st, 2014 in Editor's Pick,Headlines | Read More »

Invite all SE Asian nations to Pacific pact, says PH finance exec

Finance Secretary Cesar Purisima. INQUIRER FILE PHOTO

A U.S.-backed Pacific free trade pact could cause resentment in Southeast Asia as it would leave some nations in the region better positioned to access America’s market than others, Finance Secretary Cesar Purisima said Thursday.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

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