Finance Philippines Latest Information

Finance Philippines Latest Information

Metrobank Philippines Opens Branch in Changzhou National Hi-Tech District, China
CHANGZHOU, China, Feb. 8, 2012 /PRNewswire-Asia/ -- Metrobank (China) opened its Changzhou branch in Changzhou National Hi-Tech District (CND) on December 28, 2011. As Metrobank (China)'s first branch ...

Binay Lauds Housing Finance Agency
MANILA, Philippines - Vice President and Housing and Urban Development Coordinating Council (HUDCC) Chairman Jejomar C. Binay on Wednesday lauded the Social Housing Finance Corporation's (SHFC) continued efforts to uphold its mandate as a government-owned and Controlled corporation (GOCC). ...

Rules dispute holding back REITs
THE ESTABLISHMENT of real estate investment trusts (REITs) in the Philippines remains uncertain as the Finance department insists on disputed requirements, but officials are optimistic a compromise will be reached as negotiations continue.

Manila seeks e-tricycle project loan from ADB
THE Philippines is seeking a loan from the Asian Development Bank (ADB) to finance a project promoting energy-efficient electric tricycles.

BIR Launches P1.003-T Tax Campaign
MANILA, Philippines - The Bureau of Internal Revenue (BIR) formally opens Thursday its 2012 tax campaign to raise more than P1 trillion this year.Top government officials, led by Finance Secretary Cesar Purisima and Revenue Commission Kim S. Jacinto-Henares, will attend the launching ceremonies at the Trinoma Mall in Quezon City this morning and at the Makati Sports Complex in Makati City this ...

Small is beautiful in micro-finance
The banking system is steadily finding small to be beautiful. The number of universal and commercial banks going into micro-finance is steadily increasing. In fact, many of them have set up separate entities for micro-finance.

Can Philippines grow twice as fast?
"The Philippines can grow twice as fastâ¦although not yet this year," declared my friend former Finance Secretary Roberto de Ocampo at the end of his talk last week at the âArangkada 2012â busine .....

DOF mulls tax on oil importers
The government will tax oil importers to address smuggling, the Department of Finance (DOF) said on Monday.

Getting to be more fun
MANILA, Philippines - President Aquino III slams Bureau of Customs (BoC).

BIR ordered to raise taxes of professionals, self-employed
MANILA, Philippines - Finance Secretary Cesar Purisima has told the Bureau of Internal Revenue to implement measures to drastically increase the average income-tax payments of professionals and self-employed this year.

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