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Milan, Italy — Italy’s government said Wednesday it would double a flat tax on foreign income for high earners newly moved from abroad, from 100,0
1723109898 Philippines - 4 months ago
The Department of Finance has secured a P13.15-billion loan from the Korean government through the Export-Import Bank of Korea (KEXIM) which will fund
1723108015 Philippines - 4 months ago
New York, United States — Wall Street stocks finished lower Wednesday after a rally that lifted European and Asian bourses petered out amid lingerin
1723106220 Philippines - 4 months ago
San Miguel Food and Beverage Inc. (SMFB) reported fatter net earnings in first half on the back of higher sales growth posted by its food, beer and sp
1723105161 Philippines - 4 months ago
Part 2 Last week, we discussed how our Asean neighbors have been busy attracting large, high-tech investments from foreign multinational companies. Be
1723103806 Philippines - 4 months ago
MANILA, Philippines — Three Philippine companies joined Forbes magazine’s 2024 list of 200 “Best Under A Billion” publicly traded companies in
1723095748 Philippines - 4 months ago
Finance Secretary Ralph Recto said an early rate cut is “more so” needed now as the government seeks to raise cash at cheaper cost and as fast as
1723084320 Philippines - 4 months ago
The country’s farm output continued to weaken in the second quarter as the agriculture sector reeled from the impact of the El Niño phenomenon, dat
1723084200 Philippines - 4 months ago
SM Investments Corp. (SMIC), the country’s largest business house in terms of market capitalization, shattered its own first-semester earnings recor
1723084080 Philippines - 4 months ago
Amid the controversy surrounding the salary demands of the Maharlika Investment Corp. (MIC) officials, Finance Secretary Ralph Recto, who also sits as
1723083960 Philippines - 4 months ago
Globe Telecom Inc. booked flat first-semester earnings as declines in the home broadband segment offset growth in the mobile and corporate data busine
1723083840 Philippines - 4 months ago
Record-high revenues amid strong demand from customers buoyed property giant Ayala Land Inc.’s (ALI) earnings in the first six months of the year by
1723083720 Philippines - 4 months ago
Cebu Air Inc., the listed operator of budget airline Cebu Pacific, booked a 5.4-percent decrease in earnings for the first half of the year despite he
1723083600 Philippines - 4 months ago
Investors hunting for cheap stocks buoyed the local bourse on Wednesday, allowing the Philippine Stock Exchange index (PSEi) to break its three-day lo
1723083480 Philippines - 4 months ago
Strong real estate sales lifted the first-semester profit of property giant Megaworld Corp. by 9 percent to P8.55 billion as more customers took inter
1723083360 Philippines - 4 months ago
Carlos Yulo’s two Olympic gold medals in the floor exercises and the vault—a first in Philippine history—highlight the need to invest resources
1723083240 Philippines - 4 months ago
The Philippines’ international reserves soared to a three-month high in July to stay above the $105-billion level, thanks to gains from the gold hol
1723083120 Philippines - 4 months ago
Factory output growth eased to a three-month low in June, brought about by the slump in the production of metals, transport equipment and refined petr
1723083000 Philippines - 4 months ago
Have you stopped to think about what the future might look like for your children or your grandchildren? Using what we experience today as reference p
1723082640 Philippines - 4 months ago
Launched in September 2015 by the United Nations (UN) Summit in New York, the 2030 Agenda for Sustainable Development is a 15-year plan grounded in th
1723082520 Philippines - 4 months ago