|
||||||||||||
By Eileen A. Mencias
The Bangko Sentral yesterday reduced its benchmark interest rate for the second time in six weeks to help shield the economy from a global recession.
PSE warns Filinvest on non-disclosure
By Jenniffer B. Austria
The Philippine Stock Exchange has issued a show cause order against Filinvest Development Corp., the holding company of the Gotianun family, for its failure to disclose the recent acquisition of Philam Savings Bank.
Govt lost P182m on new horse-racing tax
By Lawrence Agcaoili
The government has lost as much as P182 million since 2001 after it opted to tax the horse-racing industry with the 12 percent value-added tax instead of the 25 percent franchise tax, data show.
SMB plans P40b worth of bond sale
San Miguel Brewery Inc., a unit of the Philippines’ biggest food and drink company, plans to sell as much as P40 billion ($850 million) of bonds this quarter to fund the purchase of some of its parent group’s assets.
Vietnam rice stock arriving in February
By Othel V. Campos
A rice shipment from Vietnam will arrive next month to the Philippines, part of the 500,000 metric tons contracted by Manila , an official of the National Food Authority said yesterday.
When Pangilinan wished upon the Belmontes’ Star
By Victor C. Agustin
IF there is an extra spring in the steps of Miguel Belmonte these days, and his brother Isaac seems in sync when strumming Lucy in the Sky with Diamonds on his acoustic guitar, it is because the Belmontes have finally succumbed to the temptation of PLDT chairman Manuel V. Pangilinan to monetize their sweat equity in The Philippine Star media empire.
By Maya Baltazar Herrera
Today, we continue to talk about saving for retirement. In this column, we assume that you know your target fund amount—your magic number. The next question is how you save enough to get there.
|
||||||||||||
 |
