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Cigarette prices in PH still among lowest despite sin tax, says report

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A vendor sells cigarettes at a supermarket in Quezon City. AFP FILE PHOTO

Despite the passage of the sin tax law, the prices of cigarettes in the Philippines remain among the lowest in Southeast Asia, an antismoking group said yesterday.

Posted: September 3rd, 2013 in Latest Business Stories | Read More »

6.5% GDP growth seen in 4th quarter of 2012

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Benefiting from robust consumer spending and improving investment climate, the Philippine economy was expected to have maintained a robust 6.5-percent growth in the fourth quarter of 2012 and remained one of the fastest-growing economies in the region.

Posted: January 28th, 2013 in Editor's Pick,Headlines | Read More »

Economy seen to have grown 4.8% in Q1

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The Philippine economy likely grew at a faster pace of 4.8 percent in the first quarter of 2012 from 3.7 percent in the previous quarter mainly on the back of recovery in export earnings, international financial services firm HSBC said.

Posted: May 20th, 2012 in Editor's Pick,Headlines | Read More »

Chinese, Russian firms seen as most bribery-prone—watchdog

Companies from Russia and China are seen as the worst offenders for paying bribes when doing business abroad, a new report said Wednesday, while Swiss and Dutch companies top the table for honesty.

Posted: November 2nd, 2011 in Latest Business Stories | Read More »

US economy growing at slow pace—Fed

WASHINGTON—The US economy continues to grow slowly, with patches of weaker activity, the Federal Reserve said Wednesday in a report used by the central bank in setting monetary policy. Recent stock market swings and rising economic uncertainty have dampened confidence, the Fed said in its latest Beige Book report. The report is a compilation of [...]

Posted: September 8th, 2011 in Latest Business Stories | Read More »

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