Category: economy
Antitrust body clears City & Land, CDC merger
MANILA, Philippines — City & Land Developers Inc. has moved a step closer toward its exit from the Philippine Stock Exchange (PSE) via a merger with its parent firm, Cityland Development Corp. (CDC). This, after securing clearance from the Philippine Competition Commission (PCC). In a regulatory filing on Wednesday, CDC said the antitrust body had
Remittances to the Philippines grew at a faster 3.2% in August
MANILA, Philippines — Remittances from overseas Filipinos grew at a faster clip in August, reflecting their resilience amid global headwinds, and likely to remain strong through year’s end as the early onset of the holiday season in the Philippines encourages expatriates to send more money home. Cash remittances coursed through banks rose by 3.2 percent
DOF set to form group to ease investor tax, nontax concerns
MANILA, Philippines — The Department of Finance (DOF) will establish a multisectoral working group with private sector partners to tackle tax and nontax issues that have unsettled investors, part of a broader effort to improve the country’s business climate. The initiative was a product of a dialogue on Oct. 14 between Finance Secretary Ralph Recto
欧州車大手、米に2兆円投資 ステランティス、関税回避
欧州車大手、米に2兆円投資 ステランティス、関税回避
Fukuoka Assembly Members Forego Costly 18-Karat Gold Badges
Fukuoka Prefectural Assembly decided on October 14th to replace its traditional 18-karat gold member badges with gold-plated ones, in response to soaring gold prices that recently hit a record high.