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QUEZON City, Philippines (Eagle News) — The Social Security Service or SSS is hoping that more employers will faithfully remit the contributions of their employees after it launched its “Run after Contribution Evaders” or RACE program. According to SSS Chairman Amado Valdez, the RACE program aims to check and penalize employers who are not properly remitting the SSS contributions of private sector employees.
QUEZON City, Philippines (Eagle News) — Various oil companies implemented another round of oil price hikes effective Tuesday morning, April 18. Gasoline prices were increased by 45 centavos (Php 0.45) per liter while diesel prices increased by P0.65 centavos per liter. For kerosene, the price increase was 60 centavos (Php 0.60) per liter. Big oil companies such as Pilipinas Shell, PTT Philippines, Flying V and Seaoil announced their price adjustments this morning at 6:00 AM, […]
Ang Golden Treasure Skills and Development Program (GTSDP) ay ilang taon na ring tumutulong sa mga Filipino sa pamamagitan ng livelihood training at seminar na magagamit bilang negosyo o kaya naman bilang ordinary skill sa araw-araw. Isang organisasyon na nagbibigay ng mga livelihood trainings ang itinayo upang maging daan para makatulong na makapagbigay ng bagong kaalaman sa komunidad, ito ang Golden Treasure Skills and Development Program (GTSDP). Ilan sa mga livelihood trainings nito ay ang […]
QUEZON City, Philippines (Eagle News) — President Rodrigo Duterte said rich businessmen like Lucio Tan should pay taxes. In his speech made in front of the Filipino community in Doha, Qatar, the President said that there is a need to collect taxes to cover the expenses of government programs. “In the fullness of God’s time, I am sure, as long as there is no corruption and I am able to get the taxes that these […]
HONG KONG, China (AFP) — Asia stocks retreated Monday as tensions on the Korean peninsula weighed on sentiment, but data showing China’s GDP growth was higher than expected in the first quarter was a positive sign for the world’s second largest economy. Tensions between Pyongyang and Washington have soared in recent weeks as a series of North Korean weapons tests have wrought ever-more bellicose warnings from US President Donald Trump’s administration. During a visit to […]
LONDON, United Kingdom (AFP) — A steam train clocked 100 miles (161 kilometres) per hour on Britain’s mainline railway network for the first time in almost 50 years on Wednesday. Tornado, a Peppercorn-class A1 steam locomotive, reached the landmark speed during a test run aimed at proving it can operate passenger services at 90mph (145 kph). A steam locomotive has not hit 100mph in Britain since 1968, according to The Daily Telegraph newspaper. Built by […]
BEIJING,China (AFP) — Chinese exports surged 16.4 percent year-on-year to $180.6 billion in March, official data showed Thursday, in a sign of stabilisation for the world’s second largest economy. The world’s largest trader in goods, China’s performance affects partners from Australia to Zambia, which have been hit as its expansion has slowed to levels not seen in a quarter of a century. The figures mark a dramatic turnaround for the country, which saw exports drop […]
HONG KONG, China (AFP) — Asian investors moved cautiously Monday as last week’s US missile strikes on a Syrian airfield fuelled geopolitical tensions and led to sabre-rattling between Washington and Russia. There are fears about brewing tensions between the two powers, with the US suggesting there can be no peace while Moscow-backed Bashar al-Assad remains Syria’s president. Greg McKenna, chief market strategist at AxiTrader, said the attack showed the US was not pulling back from […]
The University of the Philippines Junior Finance Association is holding a financial summit on April 8 with the aim of spreading financial literacy to the youth. The summit–which is the flagship event of UP JFA’s Investment Month 2017–will be held in SM Aura. Themed “Nation-Building through Finance,” it aims to target around 1000 people all over the country, specifically the young who include college students, and junior and senior high school students. Delegates can expect talks and seminars by top […]
SYDNEY, Australia (AFP) — Apple was Thursday taken to court by Australia’s consumer watchdog for violating laws by allegedly refusing to look at or repair some iPads and iPhones previously serviced by a third party. The tech giant “made false, misleading, or deceptive representations about consumers’ rights under the Australian Consumer Law,” the Australian Competition and Consumer Commission (ACCC) charged. The proceedings, against Apple Pty Limited and its US-based parent Apple Inc, were brought on […]
TOKYO, Japan (AFP) — Google and Amazon joined a list of potential buyers eyeing Toshiba’s lucrative memory chip business as the Japanese conglomerate seeks bidders to cover huge losses, a newspaper said Saturday. Toshiba has reportedly completed the first round of bidding for its prized memory chip business, seen as key for the cash-strapped company to turn itself around. Some 10 foreign companies and funds, including Google and Amazon, tendered bids, the mass-circulation Yomiuri Shimbun […]
by Danny McCord Agence France-Presse Asian markets turned negative Thursday following two days of gains, but energy firms were lifted by an oil rally while the pound held up after Britain formally triggered talks to leave the European Union. Trading floors turned red at the start of the week as Donald Trump’s failure to push through his healthcare reform fuelled worries about the prospects for his economy-boosting agenda. Regional traders had regained some confidence since […]
