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Published January 14, 2021, 11:57 PM The “closest and most productive” ties between Congress and the Executive became fruitful, and delivered enduring credit ratings which strengthen the country’s negotiating position in the procurement of COVID-19 vaccines, according to House Ways and Means Chair Albay 2nd District Rep. Joey Sarte Salceda. Rep. Joey Salceda (Cong. Joey Salceda’s office / FILE PHOTO / MANILA BULLETIN) The Lower Chamber’s chief tax policymaker made the observation after Fitch Ratings affirmed the country’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ...

January 15, 2021 | 12:08 am Font Size AAA THE PHILIPPINE Stock Exchange index (PSEi) is projected to reach the range of 7,800 to 8,100 at the end of the year on the back of the impending distribution of vaccines against the coronavirus disease 2019 (COVID-19), according to First Metro Investment Corp. (FMIC). During a virtual media briefing on Thursday, FMIC Research Head and First Vice-President Cristina S. Ulang said the financial services firm expects the market’s price-to-earnings ratio to be around 18x to 19x for 2021. She said some of the factors that could boost the market i...

Instead of Charter change, the Duterte Administration’s chief economic manager has suggested that the lawmakers may consider the further opening up of the local economy to foreign investments. While Finance Secretary Carlos G. Dominguez III did not categorically state that he is not in favor of o

Lawmakers should focus on passing bills that will help in economic recovery and building the country’s resiliency rather than amending the Constitution,

DTI: Business outlook more optimistic in 2021