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Beginning July, MSME loans no longer count as reserve-eligible funds – BSP

Loans the various banks have extended to large enterprises and the micro, small and medium enterprise (MSME) sector no longer count as reserve-eligible funds...

SMC taps syndicate of banks for P100 billion to complete MRT 7

San Miguel Corporation (SMC) has tapped a consortium of Philippine banks for P100-billion to help complete the ongoing construction of Metro Rail Transit 7...

Sugar millers thumb down proposed increase in beverage tax

The Philippine Sugar Millers Association (PSMA) called on the Department of Finance (DOF) to implement a more stringent tax collection system instead of increasing...

UNCTAD launches new index to measure economic potential

The United Nations Conference on Trade and Development (UNCTAD) has launched a new-generation Productive Capacities Index (PCI) to help countries make more accurate diagnostics...

Business groups oppose ‘untimely, unreasonable’ wage hike in MM

Trade groups have appealed to the NCR wage board against any “untimely” and “unreasonable” minimum wage increase in Metro Manila, saying companies have yet...

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