Business & Economy

BIR May collections fall short of target

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MANILA -- The Bureau of Internal Revenue (BIR) failed to meet its collections target in May, just a month after it exceeded revenue targets.

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PHL backs more partnerships with middle-income countries for inclusive growth

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MANILA -- Lessons and best practices from other middle-income countries (MICs) can help the Philippines improve its poverty reduction and infrastructure programs towards inclusive growth, according to the National Economic and Development Authority (NEDA).

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Mitsubishi Philippines posts record monthly sales in May

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MANILA -- The Philippine unit of Japanese carmaker Mitsubishi posted its highest monthly sales on record last May as its Montero Sport became the top-selling model that month.

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Aquino: Global Development Conference provide ‘specific, more effective, and more strategic’ solutions

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President Benigno S. Aquino III said on Wednesday that the holding of the Global Development Networks’ (GDN) Annual Global Development Conference provides policymakers with “specific, more effective, and more strategic” solutions to the global problems of poverty, hunger, unemployment, lack of education and corruption.

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Goat farming gives fast returns

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Goats are not only a source of protein for Filipinos, they also provide profits in no time at all.

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Philippine, UK Gov’ts, NGO join to boost mining transparency

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The Philippine and British Governments, along with non-governmental organization Bantay Kita, are embarking on a partnership that will push the Philippine agenda on strengthening transparency and accountability in extractive industries.

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DepEd lauded for allotting P100M for IP education

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MANILA -- Senator Loren Legarda on Monday lauded the Department of Education (DepEd) for allotting P100 million for indigenous peoples’ (IP) education.

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Solaire to boost gaming earnings to $2.5-B in ‘13

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The Philippine Amusement and Gaming Corp. (PAGCOR) said the entire gaming industry will be able to generate gaming revenues of $2.5 billion this year boosted by the operations of  Solaire Resort & Casino beginning early this year.

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Philippine economy to grow above 7 pct this year -- NEDA

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MANILA -- The Philippines is set to grow above the government target of 6-7 percent this year, the National Economic and Development Authority (NEDA) said today.

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Pres. Aquino invites World Economic Forum delegations to next year's summit in Manila

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NAY PYI TAW, Myanmar -- President Benigno S. Aquino III personally invited last June 8 the delegations who attended the World Economic Forum (WEF) on East Asia here to attend next year's summit set in Manila.

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