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Monthly Archives: September 2019

Nickel sector seeks better policies

By EIREENE JAIREE GOMEZ September 14, 2019 WHILE the Philippine mining industry welcomed Indonesia’s plan on nickel ore export ban as an opportunity to alleviate the impending supply shortfall, the Philippine Nickel Industry Association (PNIA) doubted the country’s capacity to do so, citing stringent and uncertain policies imposed by the …

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Tie-up to boost LGU capacity to buy palay

By EIREENE JAIREE GOMEZ September 14, 2019 THE Department of Agriculture (DA) has partnered with state-run Land Bank of the Philippines (LandBank) for an initiative to extend P10 billion in loans to local government units (LGUs) so they can purchase palay (unmilled rice) from their farmers. The new program, called …

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Stimulus, easing tensions lift PSEi

By TYRONE JASPER C. PIAD September 14, 2019 THE stock market recovered somewhat on Friday after falling the day before as positive developments on foreign leads buoyed market sentiment. The bellwether Philippine Stock Exchange index (PSEi) rose 0.60 percent or 47.89 points to finish at 7,992.32, while the wider All …

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PEZA head: I’m not ‘sensationalizing’ Citira

By ANNA LEAH E. GONZALES September 14, 2019 THE chief of the Philippine Economic Zone Authority (PEZA) on Friday denied Trade Secretary Ramon Lopez’s accusation that she was sensationalizing House Bill 4157, or the “Corporate Income Tax and Incentives Rationalization Act” (Citira). Trade Secretary Ramon Lopez. (TMT File Photo) In …

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Current account gap narrows in April to June

By MAYVELIN U. CARABALLO, TMT September 14, 2019 THE current account — a major component of the country’s balance of payments (BOP) — posted a $145-million deficit in the second quarter of 2019, a 95.6-percent decrease from $3.28 billion in the same period last year, Bangko Sentral ng Pilipinas (BSP) …

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Scheer will stand by candidates with racist, homophobic past comments as long as they apologize

Politics Conservative Leader Andrew Scheer says he will stand by candidates despite controversial past comments, whether homophobic or racist, as long as the candidate apologizes and takes responsibility. Leader has been dogged by Liberals' release of Conservative candidates' posts on social media Conservative Leader Andrew Scheer greets Kanata-Carleton candidate Justina …

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Harvick captures 2nd Brickyard

By ASSOCIATED PRESS September 15, 2019 INDIANAPOLIS: Jimmie Johnson drove through pit road with his rear bumper dangling off the back, already aware of the consequences when he parked the car. His chance at ending a 27-month victory drought with a record-tying fifth Brickyard 400 win gone. His quest for …

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