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Metro Pacific, Ayala tandem to pour P35B in LRT project

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A consortium led by Metro Pacific Investments Corp. and Ayala Corp. will invest P35 billion in the Light Rail Transit Line 1 Cavite extension project, which it recently won under the Aquino administration’s public private partnership program.

Posted: September 16th, 2014 in Headlines | Read More »

Trade groups go to court over ‘alphalist’ demand

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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

Five capital market and banking institutions and one private investor group have asked the Supreme Court to reverse the implementation of various regulations requiring the submission of an alphabetical list (alphalist) of portfolio investors receiving income payments and dividends.

Posted: September 6th, 2014 in Headlines,Latest Business Stories | Read More »

SC stops rehab of CAP

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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

he Supreme Court has stopped the implementation of the three-year extension and modification of the rehabilitation plan of the cash-strapped preneed firm College Assurance Plan (CAP).

Posted: August 27th, 2014 in Latest Business Stories | Read More »

The month of Aughost

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QUESTION: I see where you are coming from. In your recent articles during the so-called “ghost month,” you had been talking about the ill effects of not being prepared for an untimely death. But is estate planning the only way to do so? Are there other options?—posted at PFA’s “ask a friend, ask Efren” service at www.personalfinance.ph

Posted: August 27th, 2014 in Columnists,Inquirer Columns | Read More »

Transparency in investors’ tax perks sought

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The Department of Trade and Industry wants to further thresh out the details of the proposed rationalization of tax incentives as it sought to ensure better transparency in the accounting, reporting and granting of fiscal perks to investors. Trade Secretary Gregory L. Domingo said this was needed, even as the DTI and the Department of […]

Posted: August 25th, 2014 in Headlines | Read More »

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