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CebuNext targets 50% more buyers

CEBU CITY, March 9 (PNA) -- Organizers of CebuNext, the 2010 International Furniture Exhibition, are targeting 50 percent more buyers this year.  [ Read More ]

BIR Cebu’s large taxpayers district records higher collections

CEBU CITY, March 9 (PNA) – Tax collected by the Large Taxpayers District Office (LTDO)-Cebu in the first two months of 2010 is more than 20 percent higher than of the same period last year.  [ Read More ]

Mindanao Container Terminal posts 10% growth for 2009

MANILA, March 9 (PNA) — International Container Terminal Services Inc. (ICTSI)’s Mindanao Container Terminal (MCT) in Misamis Oriental posted a 10 percent growth for 2009, netting 118,664 twenty-foot equivalent units (TEUs) compared to 109,028 TEUs in 2008.  [ Read More ]

Last quarter consumer loans grew by 3.2% to P413B

MANILA, March 8 (PNA) -- Although the weather proved uncooperative in the final three months of 2009, consumer loans still managed to grow by 3.2 percent to P413.1 billion, according to the Bangko Sentral ng Pilipinas (BSP).  [ Read More ]

Gov’t extends visa-free entry privilege to foreign investors at Clark, Subic

MANILA, March 8 (PNA) -- The Subic Bay Metropolitan Authority (SBMA) and Clark Development Corporation (CDC) have signed an agreement with the Bureau of Immigration (BI) for the issuance of visa-free entry privileges to foreign investors visiting the two freeports.  [ Read More ]

Ranada seeks early promulgation of Pre-need rules

MANILA, March 8 (PNA) -- The pre-need industry cannot tarry any longer and will have to observe the limits set in the draft implementing rules and regulations of the Pre Need Code, the Insurance Commission said.  [ Read More ]

BIR shelves negotiation with SICPA

MANILA, March 8 (PNA) --The Bureau of Internal Revenue (BIR) has sought a legal opinion of the Department of Justice (DOJ) concerning a House resolution directing the agency to stop negotiating with SICPA Security Products SA for securing excise taxes paid on locally manufactured cigarettes and liquor.  [ Read More ]

ICTSI Brazil terminal gets new cranes

MANILA, March 8 (PNA) -- Philippine-based port operator International Container Terminal Services, Inc. (ICTSI)'s Tecon Suape S.A. (TSSA) received eight new rubber tired gantries (RTGs) for the Suape Container Terminal (SCT).  [ Read More ]

Philex produces 7,471 ounces of gold for February

MANILA, March 8 (PNA) - Philex Mining Corporation, in a disclosure to the Philippine Stock Exchange, announced that its Padcal Mine has produced 7,471 ounces of gold for the month of February worth P384 million.  [ Read More ]

Metrobank tops survey on investment survey

MANILA, March 8 (PNA) -- Metropolitan Bank and Trust Company (Metrobank) again topped the 99th Watson Wyatt survey on investment performance (SIP) of retirement funds in the Philippines, under the all trusted funds category for investment managers handling at least five funds in the survey.  [ Read More ]

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