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                    [Title] => GMA allies urge Senate to pass tax exemption bill
                    [Summary] => Allies of President Arroyo in the House of Representatives urged senators yesterday to approve a bill that seeks to exempt minimum wage earners from paying income tax.


In a statement, Representatives Eduardo Veloso of Leyte and Edwin Uy of Isabela said the Senate ways and means committee chaired by Sen. Ralph Recto should endorse the bill despite the failure of Finance Secretary Margarito Teves and Trade Secretary Peter Favila to attend its initial hearing on Tuesday.


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                    [Title] => RP economic team to conduct no-deal roadshow in US, Europe
                    [Summary] => The government will conduct a no-deal roadshow next month to apprise investors in Europe and the US of the real conditions in the Philippines amid rising concerns over the political situation. 


The economic team, led by Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco, Finance Secretary Margarito Teves and Trade Secretary Peter Favila, is scheduled to meet with European and US investors in separate briefing conferences in London and New York. 


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                    [Title] => Palace: RP far from becoming another Argentina
                    [Summary] => The government’s economic managers gave assurances yesterday that the Philippines is far from going the way of Argentina, which suffered an economic collapse in 2001.


The assurances were given by two Cabinet members despite the fact that oil prices continue to rise and the expanded value-added tax (EVAT) law may be implemented soon.


Finance Secretary Margarito Teves and Trade Secretary Peter Favila said that what happened in Argentina was total economic collapse due to various causes and not just because of surging oil prices and budget deficit.


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FINANCE SECRETARY MARGARITO TEVES AND TRADE SECRETARY PETER FAVILA

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                    [Title] => GMA allies urge Senate to pass tax exemption bill
                    [Summary] => Allies of President Arroyo in the House of Representatives urged senators yesterday to approve a bill that seeks to exempt minimum wage earners from paying income tax.


In a statement, Representatives Eduardo Veloso of Leyte and Edwin Uy of Isabela said the Senate ways and means committee chaired by Sen. Ralph Recto should endorse the bill despite the failure of Finance Secretary Margarito Teves and Trade Secretary Peter Favila to attend its initial hearing on Tuesday.


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                    [Title] => RP economic team to conduct no-deal roadshow in US, Europe
                    [Summary] => The government will conduct a no-deal roadshow next month to apprise investors in Europe and the US of the real conditions in the Philippines amid rising concerns over the political situation. 


The economic team, led by Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco, Finance Secretary Margarito Teves and Trade Secretary Peter Favila, is scheduled to meet with European and US investors in separate briefing conferences in London and New York. 


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                    [ArticleID] => 292140
                    [Title] => Palace: RP far from becoming another Argentina
                    [Summary] => The government’s economic managers gave assurances yesterday that the Philippines is far from going the way of Argentina, which suffered an economic collapse in 2001.


The assurances were given by two Cabinet members despite the fact that oil prices continue to rise and the expanded value-added tax (EVAT) law may be implemented soon.


Finance Secretary Margarito Teves and Trade Secretary Peter Favila said that what happened in Argentina was total economic collapse due to various causes and not just because of surging oil prices and budget deficit.


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abtest

Economic managers move to prevent panic trading

By Paolo Romero | October 29, 2008 - 12:00am

Economic managers will hold dialogues with the business and investor community and assure them of the country’s ...

Headlines

GMA to lead destruction of P100-M smuggled luxury vehicles

By Paolo Romero | August 16, 2007 - 12:00am

Headlines

GMA allies urge Senate to pass tax exemption bill

By Jess Diaz | May 4, 2006 - 12:00am

Allies of President Arroyo in the House of Representatives urged senators yesterday to approve a bill that seeks to exempt minimum wage earners from paying income tax. In a statement, Representatives Eduardo Veloso...

Headlines

RP economic team to conduct no-deal roadshow in US, Europe

By Des Ferriols | March 21, 2006 - 12:00am

The government will conduct a no-deal roadshow next month to apprise investors in Europe and the US of the real conditions in the Philippines amid rising concerns over the political situation. The economic team,...

Business

Palace: RP far from becoming another Argentina

August 18, 2005 - 12:00am

The government’s economic managers gave assurances yesterday that the Philippines is far from going the way of Argentina, which suffered an economic collapse in 2001. The assurances were given by two Cabinet...

Headlines