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Dar invites more Indian investments for agribusiness

By EIREENE JAIREE GOMEZ October 22, 2019 Acting Agriculture Secretary William Dar Acting Agriculture Secretary William Dar encouraged foreign and local investors to look at possible opportunities to help develop the agriculture industry in the Philippines, mainly through elevating the agribusiness sector. Dar, during his speech at the Philippine-India Trade …

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PSEi flat on lack of catalysts

By TYRONE JASPER C. PIAD October 22, 2019 The local bourse ended flat on Monday from thinner volume caused by lack of catalysts to propel market sentiment. The Philippine Stock Exchange index (PSEi) inched up by 0.08 percent or 5.90 points to end at 7,891.13 while the wider All-Shares barometer …

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More WB, IMF assistance to emerging markets sought

By MAYVELIN U. CARABALLO, TMT October 22, 2019 Multilateral institutions World Bank (WB) and International Monetary Fund (IMF) should adopt bold, out-of-the-box solutions in assisting emerging markets (EMs) like the Philippines amid a changing global economic landscape, Finance Secretary Carlos Dominguez 3rd said. Finance Secretary Carlos Dominguez 3rd In his …

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Various groups call for refinements on Citira

By MAYVELIN U. CARABALLO, TMT October 22, 2019 Various groups have expressed their support to the second package of the government’s Comprehensive Tax Reform Program, but said refinements to the proposed measure are needed. “We support the overall corporate income tax framework proposed under the Corporate Income Tax and Incentives …

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Infra spending down to P59.3B in August

By MAYVELIN U. CARABALLO, TMT October 22, 2019 The delayed approval of this year’s national budget and the election ban on spending dragged state expenditure for infrastructure and capital outlay in August, the Department of Budget and Management (DBM) said on Monday. In its latest disbursement report, the Budget department …

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Govt borrowings down in Aug – BTr

By MAYVELIN U. CARABALLO, TMT October 22, 2019 Borrowings made by the national government dropped to P76.52 billion in August, as it borrowed less from domestic and foreign sources, according to the Bureau of the Treasury (BTr). Data released by the bureau on Monday showed the amount was a 42.91-percent …

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Exxon trial probes how oil giant accounts for climate change

In this April 23, 2018, file photo, the logo for ExxonMobil appears above a trading post on the floor of the New York Stock Exchange. New York’s attorney general is accusing Exxon Mobil of lying to investors about how profitable the company will remain as governments impose stricter regulations to …

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