Monday, August 19, 2019

The Economy

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PH economy to recover from ‘temporary slowdown’: Moody’s

Despite a weak performance during the first two quarters of the year, the Philippine economy is expected to recover from a “temporary...
NEW ROUTE.A Cebu Pacific plane is taking off at the Davao International Airport in Davao City. CebPac will fly four times a week from Davao to Tacloban and vice versa starting today which is expected to boost the domestic tourism opportunities of both cities. LEAN DAVAL JR.

CebPac launches new flight routes

Cebu Pacific, led by its president Lance Gokongwei, launched on Friday its three newest destinations from Clark...
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BARRM, Malaysia determined to pursue business partnership

The Malaysian Chamber of Commerce and Industry (MCCI) has expressed interest in bringing in big manufacturing enterprises in the Bangsamoro Autonomous Region...

Tax court turns down PAL P8-M refund claim

The Court of Tax Appeals (CTA) has turned down a tax claim filed by the Philippine Air Lines (PAL) for taxes it...

DTI sees e-commerce share to GDP rising to 50% by 2022

The Department of Trade and Industry (DTI) is seeking to double, or to raise to 50 percent, the contribution of electronic commerce to...

Jollibee’s Coffee Bean takeover needs antitrust review: PCC

Jollibee's $350-million takeoverof The Coffee Bean and Tea Leaf will need to undergo an antitrust review since it meets the threshold amount for the Philippine...

New DA chief eyes ‘new thinking’ strategy to attain food security

To attain food security, the vision of President Rodrigo Duterte, newly appointed Agriculture Secretary Dr. William Dar has proposed a strategy of "new thinking"...
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Economists say at least 25 bps cut in BSP rates

Economists are expecting at least a 25 basis point cut in the Bangko Sentral ng Pilipinas’ (BSP) key rates on Thursday on the...

NEDA sees 2019 inflation settling within gov’t target

The National Economic and Development Authority (NEDA) expects inflation to settle within the government’s target of 2 to 4 percent this year after hitting...

BPI aims for 40% digital banking adoption rate in Davao in 2019

The Bank of the Philippine Islands (BPI) is aiming to increase the number of users of its digital channels from 31% to...

WEATHER UPDATE

Davao City
broken clouds
24.5 ° C
27 °
22.8 °
94 %
1kmh
75 %
Sat
25 °
Sun
27 °
Mon
27 °
Tue
27 °
Wed
28 °