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House bill pushes for lower income tax rates

Deputy Majority Leader and Valenzuela City Rep. Magtanggol Gunigundo FILE PHOTO/congress.gov.ph

The country’s individual wage earners may celebrate their Fridays with more money if a bill that seeks to lower the income tax rate becomes a law.

Posted: March 25th, 2014 in Latest Business Stories | Read More »

More women rising to executive posts in PH firms–study

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Members of the Women in Construction Foundation Inc. The Philippines still leads Asian countries in reducing inequality between men and women, according to the 2012 Global Gender Gap rankings of the World Economic Forum (WEF).

Women are gaining more influence in the corporate boardrooms of the Philippines than in most other places in the world, making the country the third highest employer of senior female executives globally.

Posted: March 10th, 2014 in Latest Business Stories | Read More »

NY Life Insurance aims to capture Fil-Am market in SF Bay Area

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Screengrab from New York Life Insurance Co. website

One of the leading life insurers in the United States is campaigning to become the preferred provider of life insurance to the Filipino-American community in the Bay Area.

Posted: October 28th, 2013 in Latest Business Stories | Read More »

Lawyers question SEC’s liberal rules on foreign ownership in key industries

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The Supreme Court on Tuesday stopped the Bureau of Internal Revenue, the Department of Finance and the Securities and Exchange Commission from requiring firms to disclose an alphabetical list (alphalist) of investors who receive income payments and dividends, a regulation that has stirred concerns of capital flight and its crippling effects on the economy.  INQUIRER FILE PHOTO

The heir of human rights lawyer Wilson Gamboa and several lawyers asked the Supreme Court on Tuesday to declare as “unconstitutional” the liberal framework drafted by the Securities and Exchange Commission on foreign ownership in key industries like utilities.

Posted: July 30th, 2013 in Latest Business Stories | Read More »

Top CEOs bullish on Philippines

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A Filipino trader blows a horn during the last day of trading this year at the Philippine Stock Exchange in the financial district of Makati on Dec. 28, 2012. 2012 is claimed to be one of the best years ever for the Philippine economy, with the GDP expected to surpass 5 to 6 percent and the stock market ending the year on its 38th record high.  AP/AARON FAVILA

The year 2012 is claimed to be one of the best years ever for the Philippine economy, with the gross domestic product expected to surpass the government’s target of 5 to 6 percent and the stock market ending the year on its 38th record high, making it the second-best performing market in Asia behind Thailand.

Posted: December 30th, 2012 in Latest Business Stories,Photos & Videos | Read More »

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