Business and Finance Archive

Reforms to boost Exports: Philexport. Middle-income economy by 2022. High-income economy possible by 2040.

Reforms in Exports to push economy. * * * * * * * * * *

75 Mining contracts cancelled by DENR. Industry outraged; May seek legal recourse. Environmental damage due to indiscriminate mining, claims government.

Mining can effect environment considerably. * * * * * * * * * * *

Sugar allocation for the US reduced. PH third largest supplier of Sugar to the US. Uncertainty over US import priorities.

Sugar exports to the US to be lower.. * * * * * * * *

Common rail station for 3 Lines Department of Transportation signs agreement with MRT, LRT operators. Facility to save time and effort of Passengers.

Better rail amenities. * * * * * * * * * * * * *

China upgrades renminbi. Importance of dollar eroded. 11 currencies added to basket of 13

China strengthens currency basket. * * * * * * * * * * * *

OPEC-14: Now, cuts by non-OPEC producers 558,000 barrels a day to be cut

Non-OPEC producers to support OPEC. * * * * * * * * * * *

25 department Repeal Rules/ Procedures 1062 issuances corrected, deleted and amended

Repeal to streamline rules and procedures. Umrao Singh umraoz.wordpress.com Written for: Lars-Magnus Carlsson www.thephilippinepride.com Friday, 09

OPEC cuts production. Production set at 32.5 million barrels per day

Targets of oil production cut by OPEC. The Asian markets made a sort of recovery on

IMI to set up automotive electronics manufacturing unit in Serbia :: Strategy to be closer to end-user markets: Zobel de Ayala

Ayala Group setting up a plant in Serbia. Ayala Corp. chair Jaime Augusto Zobel de Ayala

Import licenses cancelled :: Fresh issues soon. Rampant smuggling to be checked

Import licenses to be streamlined. In a decisive move that is likely to have far-reaching effect

Philippines fifth in Gold production in Asia :: 91% of Gold is produced by six Asian Countries

Gold is the precious metal that continues to hold its own in all seasons and scenarios;

Credit card default? Worry not!* But, conditions exist.

Credit card default may not be worrying. The most common problem that the people of today

China’s UnionPay chip card :: Conquering the Asia-Pacific

Chip card payment solutions. The benefits of international cooperation between China and its regional neighbors of

The Japan visit :: Tirade against the US continues – Foolish and silly: says Duterte

Japan visit is for economic issues. The President of the Philippines is a driven man; rather,

Are the foreign investors jittery? Is it the right path to take?

Are the investors worried by the course being adopted by the Filipino government? The current developments

Meralco cuts domestic tariff :: Third month in a row

Meralco reduces domestic tariff. Pics courtesy: wikipedia There is good news for the consumers as far

Are the US, EU investors rethinking? Will they move away?

Will the US, EU investors move away? Is China dependable? The Philippines are on a path

Orphan money laundering machinery:: Deliberate weakening of the AMLC?

Dirty Money is also fast coming to the forefront in the war against drugs and rampant

Focus on money laundering:: One bank and two politicians in the net

Money laundering needs attention. Pic courtesy AMLC Website The allegations Dirty Money is also fast coming

Exporters oppose P125 minimum wage hike

Exporters are not in favor of the minimum wage hike. PIC COURTESY: bworldonline.com The President of

Crown Towers Manila wins big::Adding designs to the City of Dreams – 2 awards

Crown Towers Manila bags two awards for design. pics courtesy Crown Towers website For most of

US stockpile drop, weak dollar send Oil prices soaring

Oil prices soar worldwide. Fed Reserve contributes: Interest rates unchanged Thursday brought about an upward movement

Japan Tax row to be resolved soon

Official aid projects of japan. It may sound surprising but to some but even at the

Mindanao peace projects – Tax Reforms to generate revenue -DOF

First of all, the Duterte government has drawn up ambitious plans to introduce tax reforms. This