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Posted on November 23, 2020

South Korea eyes more investments in PHL but flags ‘high’ corporate tax

SOUTH KOREA is looking to expand investments in the Philippines, but expressed concern over the country’s “high” corporate income tax rate, according to the Department of Finance (DoF). A DoF …

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Posted on November 23, 2020

Philippines shines in online chess

Henry Lopez and Darry Bernardo posted their second straight victories as the Philippines 1 whipped the United States, 4-0, last Sunday and bounced back in contention after two rounds of the first FIDE …

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Posted on November 23, 2020

Microsoft launches Surface Laptop 3 for Business and Surface Pro 7 for Business in the Philippines

Microsoft today announced that Surface Pro 7 for Business and Surface Laptop 3 for Business are now available in the Philippines for enterprise and education institution customers via Surface …

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Posted on November 23, 2020

US provides missiles, renews pledge to defend Philippines

U.S. President Donald Trump’s administration provided precision-guided missiles and other weapons to help the Philippines battle Islamic State group-aligned …

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Posted on November 23, 2020

2 million foreigners exited the Philippines Jan-Sept 2020 –BI

Almost 2 million foreigners left the Philippines from January to September amid the COVID-19 pandemic, exceeding the number of arrivals for the first time, the Bureau of Immigration said Monday.

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Posted on November 23, 2020

The Philippines may see 6.5%-7.5% GDP growth in 2021, central bank says

We expect a “strong rebound” in the second quarter onward of next year from the coronavirus pandemic, says Benjamin Diokno, governor of Bangko Sentral Ng Pilipinas, the central bank of the Philippines …

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Posted on November 22, 2020

BI allows foreign businessmen to enter Philippines

MANILA, Philippines — Foreigners traveling for business and investments are now allowed to visit the Philippines as the Bureau of Immigration (BI) further eases entry restrictions on foreign nationals …

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Posted on November 22, 2020

‘Philippines recession to last until 2021’

MANILA, Philippines — The Philippine economy continues to lose … Bhatnagar said the faltering consumer and business confidence, along with elevated global economic uncertainty, seems to have taken …

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Posted on November 22, 2020

Best Bank in the Philippines in 2020

SPEAKING OUT Congratulations to the board and management of Bank of the Philippine Islands (BPI), which was recently recognized as the Best Bank in the Philippines for 2020 by Euromoney, the …

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Posted on November 22, 2020

Philippines highly trusts Russian COVID-19 vaccine – survey

The strongest indicator of trust in Russia’s Sputnik V COVID-19 vaccine was recorded in six countries, including the Philippines, according to results of the first global survey involving 11 countries …

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