Archive for the ‘Finance’ Category

Palace approves new investment perks plan

Thursday, May 7th, 2009

President Arroyo has approved the 2009 Investment Priorities Plan (IPP), which contains a unique “contingency list” that will grant incentives to firms that save or generate jobs amid the global economic slowdown. “The 2009 IPP opens opportunities for the country to attract more quality investments into industries and services that would ...

JP Morgan sees flat growth for OFW remittances

Tuesday, January 13th, 2009

CONTRARY to the Bangko Sentral ng Pilipinas’ (BSP) forecast, remittances from overseas Filipino workers (OFWs) will post flat growth this year due to the weak global economy, according to JP Morgan. “We expect remittances to see flat growth in 2009 on the back of the very weak global economic backdrop. Nonetheless, ...

Enrile to keep finance committee for now

Thursday, November 20th, 2008

MANILA, Philippines -- Senate President Juan Ponce Enrile said he would stay on as chairman of the finance committee until the proposed P1.4 trillion budget for 2009 is approved in the Senate. Enrile said he would also head the committee on accounts, contrary to Senator Panfilo “Ping” Lacson’s claim that he ...