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Tuesday, February, 13 2007 |
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DOF sees huge
revenue loss
from proposed TEZA perks |
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By Maricel E. Burgonio, Reporter
The proposed tourism incentives
would incur a huge revenue loss and impede the government’s
infrastructure spending program, the Department of Finance warned.
Finance Undersecretary Gil
Beltran told reporters the national government foresees P5-billion
annual revenue loss from the proposed creation of tourism enterprise
zones under the Tourism Act authored by Sen. Richard Gordon.
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 Full
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DOTC eyes more new
money on infra rollout
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More investments will pour in as
government rolls out infrastructure projects over the next three
years, the Department of Transportation and Communications said
Monday.
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Full
Story>>
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Bigger budget to
fight corruption for Ombudsman office
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The Department of Budget and
Management will give more money to the Office of the Ombudsman this
year so that it could effectively fight graft and corruption in the
government.
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Full
Story>>
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Yields on bond
swap slid further from 2006
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Yields on fresh bonds to be
exchanged by the government for older series went down compared with
rates of the bonds swapped last year.
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Full
Story>>
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Baguio ecozone
gets investment pledges
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BAGUIO CITY: Half-a-billion peso
has been pledged for new investments and expansion projects in the
Baguio City Economic Zone this year.
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Full
Story>>
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Ayala’s 2006 net
income a record
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THE Philippines’ largest
conglomerate, Ayala Corp., on Monday reported that its unaudited
consolidate net income last year was a 49-percent improvement over
the 2005 profits—a record high of P12.2 billion...
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Full
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MANAGING
FOR SOCIETY
By Willy Cuason
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Effective
communication
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I admit I did not get a very high
mark in my English Communications subject during my collegiate
years. When I entered the world of business, I found out how
significant effective communication was and just how few people...
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BIZZFIZZ
By Rene Martel
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Fire pig augers
well for business
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WITH the Lunar New Year—this
time around marking the Year of the Fire Pig—almost upon us,
business suits are said to be scrambling to align themselves for an
early shot of good luck for the year ahead.
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Full
Story>>
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