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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 146704 [Title] => Recto seeks probe of pyramid schemes [Summary] => Sen. Ralph Recto is seeking an investigation into pyramiding schemes following the case involving the group led by Japanese businessman Genta Ogami of the Unitrust Development Bank.
"People, especially those looking for additional income in these hard times, can easily be hoodwinked of their hard-earned money, especially when government is just too slow on pencil-pushing on complaints against the pyramiding scheme," Recto said.
[DatePublished] => 2002-01-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804901 [AuthorName] => Aurea Calica [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
INDONESIA AND G
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 146704 [Title] => Recto seeks probe of pyramid schemes [Summary] => Sen. Ralph Recto is seeking an investigation into pyramiding schemes following the case involving the group led by Japanese businessman Genta Ogami of the Unitrust Development Bank.
"People, especially those looking for additional income in these hard times, can easily be hoodwinked of their hard-earned money, especially when government is just too slow on pencil-pushing on complaints against the pyramiding scheme," Recto said.
[DatePublished] => 2002-01-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804901 [AuthorName] => Aurea Calica [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Aurea Calica | January 11, 2002 - 12:00am
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President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
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During the conference, Finance Secretary Ralph Recto emphasized the importance of a business environment that supports consistent progress.
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