messages.author : stanislav

By stanislav

IMF in favor of global minimum corporate tax --official

The IMF's prime economist on Tuesday stated the fund has lengthy supported a worldwide minimum corporate tax, after US Treasury Secretary Janet Yellen referred to as on G20 nations to adopt one.

Germany hails US move to back global minimum corporate tax as great step forward

German Finance Minister Olaf Scholz on Tuesday welcomed Washington's backing for a worldwide minimal company tax, calling it a "great step ahead" within the battle to stem the erosion of presidency revenues.

PSE sees heightened interest for IPO listing amid relaxed rules

“The Philippine inventory market lags behind on the subject of the variety of corporations going public. To deal with this challenge, we relaxed certain requirements for itemizing in each the Principal and SME Boards and we launched a measure that may gauge an organization s suitability for listing...

PDIC remits P7.1B to Treasury to boost COVID-19 vaccination rollout

The Philippine Deposit Insurance coverage Company (PDIC) has remitted P7.1 billion in dividend contributions to the Bureau of the Treasury (BTr), to partly finance the government's vaccination program aimed toward inoculating 70 million Filipinos towards COVID-19 this yr.

NEDA: Two-week ECQ in NCR Plus to shave off P30B in household income

The two-week enhanced group quarantine in Metro Manila and its 4 nearby provinces will end in billions of pesos in losses in households revenue and lots of of hundreds of job losses, in accordance with the National Financial and Improvement Authority (NEDA).

Inflation slowed down to 4.5% in March --PSA

Inflation or the rate of improve within the costs of products and providers eased barely in March as a result of slower movement within the prices of meals commodities, the Philippine Statistics Authority (PSA) reported on Tuesday.

Asian shares set to rise after S&P 500, Dow hit records on strong economic data

Asian equities are poised to rise on Tuesday after the S&P 500 and Dow indexes set data as a streak of robust US economic knowledge fueled optimism whilst a smaller-than-expected climb in 10-year Treasury notes eased inflation considerations.

Strong economic data lifts Dow, S&P 500 to record closes

US stocks rallied on Monday with the Dow and S&P 500 closing at document ranges, as a round of robust economic knowledge buoyed investor optimism for the economic reopening and a muted climb in the 10-year US Treasury yield stored inflation worries in verify.

G20 likely to extend debt moratorium for poorest - World Bank chief

World Bank President David Malpass stated Monday he expects G20 nations this week to extend debt cost moratorium for the poorest nations until the top of the yr.

Group urges gov't to speed up construction of food inspection facilities

“Overuse of antibiotics can lead to the event of drug-resistant superbugs in the long term," stated Atty. Asis Perez, Tugon Kabuhayan convenor and former director of the Bureau of Fisheries and Aquatic Assets.

Revised Manila Water, Maynilad deal arrived at sans public consultations -Infrawatch

Assume-tank Infrawatch on Monday raised considerations over the government's revised water concession agreements that have been arrived at without public consultations and which had phrases that onerously favored the federal government.

Peso slips on ECQ extension

The Philippine peso slipped towards the U.S. dollar on Monday, dragged by the extension of the improved group quarantine (ECQ) in Metro Manila and nearby provinces.

PSEi rebounds on March manufacturing print

Philippine share costs rebounded on Monday, on the back of constructive financial knowledge that got here out earlier in the course of the session. The primary PSEi gained 52.06 factors or zero.81% to six,495.15 at the closing bell. The broader All Shares index rose 23.17 points or zero.59% to 3,94...

Philippine economic outlook downgraded from bad to worse

The Philippine financial system is now anticipated to finish the yr at a worse state than earlier anticipated as COVID-19 instances proceed to surge whereas the vaccination rollout stays sluggish, a worldwide assume tank stated.

Philippine manufacturing posts modest growth in March

The Philippine manufacturing sector continued to broaden in March, albeit at a slower tempo than the previous month, based on results of the monthly survey carried out by IHS Markit.