November 21, 2017, 5:11 am
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Business

Open pit mine ban stays

November 21, 2017
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President Duterte has not lifted a ban on open pit mining, presidential spokesman Harry Roque  said yesterday , going against the stance of a government panel and Environment Secretary Roy Cimatu  who are seeking to reverse the policy.

China offered as 3rd telco

November 21, 2017
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President  Duterte has offered China the “privilege” to be the Philippines’  third telecoms operator, presidential  spokesman Harry Roque said yesterday.

P130B bonds sold

by ANGELA CELIS on November 21, 2017
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The Bureau of the Treasury (BTr) sold P130 billion worth of five-year retail treasury bonds (RTBs) during the price-setting auction yesterday, more than four times the initial offering, amid strong market demand for the government IOUs.

Gov’t reviews Clark unsolicit

November 21, 2017
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The government is reviewing the P839-billion unsolicited proposal submitted by Filinvest-JG Summit and Changi Airport  consortium for the long-term development of Clark International Airport.
 

Oil firms cut prices

November 21, 2017
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After five consecutive weeks of oil price hikes, local oil firms are rolling back the retail cost of petroleum products as global prices decreased last week due to fears that the United States’ production and inventories growth will affect the Organization of the Petroleum Exporting Countries’ (OPEC) production cut.

Pension hike shaves SSS net

November 21, 2017
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The Social Security System’s (SSS) net income fell by 56.58 percent as of end-September as the pension fund’s expenses increased from the same period in 2016 due to the implementation of the pension hike and adjustments early this year.

Tax exemption of 3-in-1 coffee

November 21, 2017
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The country’s estimated 34,000 small coffee farmers and the Philippine Association of Agriculturists (PAA) welcome the exclusion of 3-in-1 coffee from the sugar sweetened beverage (SSB) tax in Senate Bill 1592, which has been approved by the Senate Ways and Means Committee and is currently on second reading.

Developer eyes P9B from new di

November 21, 2017
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Megaworld Corp. is building a new business district within its 140-hectare Maple Grove township in General Trias, Cavite.

World sugar production up

November 21, 2017
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The US government forecast on Friday that world sugar production would reach 185 million tons in 2017/18, with consumption rising to 174 million tons, both record levels.

Japan’s export growth signals

November 21, 2017
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TOKYO- Japan’s export growth held steady in October, suggesting that brisk global demand for Japanese cars and electronics will likely carry its economic recovery into the current quarter.

Pages

Front Page

Column of the Day

Trashy Trudeau and toothy Ardern

By REY O. ARCILLA | November 21,2017
‘As the top officials of their governments, the two ought to be well-versed in good manners and right conduct.’

Opinion of the Day

Who is in a (Christmas) rush?

By ABIGAIL VALTE | November 21, 2017
‘It seems we’ll be seeing an impeachment trial at the Senate come January.’