Business

Stock index plunge downplayed

Published : Saturday June 15, 2013   |  Category : Business   |  Views : 192
By : People's Journal

MALACAÑANG is unperturbed by Thursdays’ dramatic drop in the Philippine Stock Exchange (PSE) index, which came amid the Aquino administration’s trumpeting of economic gains. “We believe that this does not have any reflection on the fundamentals of the economy,” Communications Secretary Ricky Carandang said at a briefing. “We think that... Read more

BIR asked to extend new rules on issuance of ORs

Published : Tuesday June 11, 2013   |  Category : Business   |  Views : 413

THE House Committee on Small Business and Entrepreneurship Development made an appeal to the Bureau of Internal Revenue to extend the deadline for new regulations on the issuances of invoices and receipts. Chairman of the committee, Bayan Muna Rep. Teddy Casiño said that small and medium enterprises (SMEs) are already... Read more

Air Asia to cut flights from Clark to Taiwan, KL, HK

Published : Tuesday June 11, 2013   |  Category : Business   |  Views : 399
By : Jun Icban Legaspi

THE Philippines’ Air Asia will be reducing its flight frequencies from Clark to Taiwan, Kuala Lumpur, Hong Kong and Singapore effective 15th June 2013. AirAsia flights between Clark to Kuala Lumpur LCCT will be reduced from 10 times a week to 3 times a week with all flights operated by... Read more

SSS bares new guidelines on retirement benefits

Published : Sunday June 09, 2013   |  Category : Business   |  Views : 940

The Social Security System has announced its new guidelines on contribution payments of voluntary members aged 65 and above who lack the required 120 monthly SSS contributions mandated by law to qualify for retirement pensions. SSS President and Chief Executive Officer Emilio de Quiros, Jr. made the announcement and called... Read more

PCSO gets excellent rating

Published : Saturday June 08, 2013   |  Category : Business   |  Views : 372
By : People's Tonight

THE PCSO Lung Center Office received an excellent rating from the Civil Service Commission (CSC) for strict compliance with the Anti-Red Tape Act or ARTA. PCSO Chairperson Margarita P. Juico heard the news yesterday while also receiving a citation from Malacañang for having remitted approximately Php8 billion for its charity... Read more

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