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BIR collections rose by 8.01% in August

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Revenue Commissioner Kim S. Jacinto-Henares: Below-target collection AP FILE PHOTO

Collections of the Bureau of Internal Revenue (BIR) rose by 8.01 percent in August, although still short of its target for the month as the truck ban slashed profits of tax-paying companies.

Posted: September 17th, 2014 in Editor's Pick,Featured Gallery,Headlines,Latest Business Stories | Read More »

Metrobank nets P9.1 B in first half of 2014

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FILE PHOTO

Metropolitan Bank and Trust Co. posted a first-semester net income of P9.1 billion, half the level chalked up in the same period last year when earnings were bloated by extraordinary treasury gains and one-time gains from divestment of shares in car and power generation businesses.

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

8990 Holdings posts 20% hike in H1 profit

Leading mass housing developer 8990 Holdings posted a 20-percent year-on-year growth in six-month net profit to P1.8 billion as the company unlocked more revenues from new projects rolled out last year.

Posted: July 31st, 2014 in Headlines | Read More »

Starbucks US sales rise with help of revamped food

In this July 11, 2013 file photo, a man drinks a Starbucks coffee in New York. Starbucks reports quarterly financial results on Thursday, July 24, 2014. (AP Photo/Mark Lennihan, File)

Starbucks said Thursday its revamped breakfast sandwiches and other food offerings helped boost sales at its U.S. cafes.

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

Facebook stock hits all-time highs on strong earnings

AP FILE PHOTO

Facebook stock jumped to record highs Thursday as strong earnings from the leading social network sparked fresh buying.

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

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