Business

Bangko Sentral says it 'will not necessarily' sync with Fed hike

Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said Saturday he would not necessarily match an interest rate increase by the US Federal Reserve, which could happen as early as next month.

Fed's Yellen sees stronger case for interest rate hike

The Federal Reserve is getting closer to raising interest rates again, the head of the U.S. central bank and other policymakers said on Friday in comments that left the door open for a hike as early as next month.

 

Dollar rises following Yellen remarks on rate hikes

NEW YORK -- The dollar rose Friday against the euro, the yen and the British pound following remarks from the US central bank favoring a near-term increase in interest rates.

Amazon dabbling with 30-hour work weeks: report

US online retail titan Amazon, which has been accused of fostering a cutthroat workplace atmosphere, will try out teams that log 30-hour work weeks, the Washington Post reported on Friday.

Fueling the growth of small businesses

Around 650 individuals gathered at the Polo Club Main Hall in Makati City on August 1 to mark a historical change.

PAGCOR expects billions of revenue from offshore gaming

State gambling regulator PAGCOR hopes to cash in on offshore gaming, which caters only to foreigners.

Duterte, payag na sa online gambling pero…

Una nang binanatan ni Pangulong Rodrigo Duterte ang online gambling.

Good news for travelers: You can now bring more than P10K

Here's good news for travelers to and from the Philippines.

 

PAGCOR sees higher revenue from offshore gaming

MANILA - State-owned Philippine Amusement and Gaming Corporation (PAGCOR) expects more revenue for government coffers by the end of the year, derived from the approval of licenses for offshore gaming, its chairperson Andrea Domingo said Friday.

Finance dep't reviewing tax incentives for businesses

MANILA – Finance Secretary Sonny Dominguez on Friday said government is reviewing tax incentives for businesses in a bid to generate more income to cover an expected shortfall due to plans to lower income taxes.