People sit outside a luxury retail mall in Singapore June 15, 2017. — REUTERSBy Beatriz Marie D. Cruz, ReporterFINANCE SECRETARY Ralph G. Recto is not in favor of a “wealth tax,” saying there are already enough taxes.“I think we have

EXECUTIVE ORDER NO. 62 reduced tariffs on imported rice to 15% until 2028. — PHILIPPINE STAR/RYAN BALDEMOR TARIFF CUTS on imported rice and electric vehicles (EVs) resulted in nearly P9 billion in foregone revenues, the Bureau of Customs (BoC) said

A worker uses a microscope at an electronics manufacturing assembly plant in Biñan, Laguna, April 20, 2016. — REUTERSEXPORTS from Asia are expected to grow 7.4% this year, outperforming other regions, the World Trade Organization (WTO) reported.In its October Global

By John Victor D. Ordoñez, ReporterTHE PHILIPPINE government should build state-of-the-art nuclear power plants instead of trying to revive the mothballed Bataan Nuclear Power Plant (BNPP), which may be too old to function, Philippine senators said at the weekend.“The Bataan

FILE PHOTO of BRP Sierra Madre taken March 29, 2014. — REUTERSTHE PHILIPPINES should beef up its naval warfare capabilities by streamlining investments in the country’s shipbuilding industry to help boost deterrence against Chinese aggression in the South China Sea,