Category: Finance
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
Philippines gets $400-M ADB loan for insurance sector
MANILA, Philippines – The Asian Development Bank (ADB) on Tuesday announced a $400-million policy-based loan to help boost the Philippines’ insurance sector by creating an enabling environment for broader participation in the industry. The Insurance Reform Program, Subprogram 1, would support broader financial sector development reforms in regulation and supervision, including greater intermediation of long-term
BIZ BUZZ: What trillions?
“Trillion” has been quite the buzzword lately, especially with budget deliberations and economic data coming up. But if you’re a close follower of capital market updates, or if you just happened to stumble upon social media posts lately, you’d know that there’s yet another hot topic. READ: BIZ BUZZ: Panglao Hole symposium? Over the last
GM announces $1.6 billion EV impact ahead of quarterly earnings release
GM announces $1.6 billion EV impact ahead of quarterly earnings release
