Businessmirror june 04, 2017

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Sunday, June 4, 2017 Vol. 12 No. 234

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By Jovee Marie N. dela Cruz

Stop that TRAIN

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SOLONS APPEAL TO SENATORS TO DELETE ‘ANTIPOOR’ PROVISIONS IN TAX BILL

F

ollowing the swift passage of the Duterte administration’s first tax-reform proposal in the House of Representatives, some lawmakers have expressed confidence that their Senate counterparts will not allow the “antipoor” provisions to remain in the bill.

Martial law seen boosting farm output in Mindanao

T

By Jasper Emmanuel Y. Arcalas

he Department of Agriculture (DA) shares the sentiment of the business community that the declaration of martial law in the entire Mindanao would bring more boon than bane to the economy. such as those with ongoing violence, but as a whole, martial law will not affect agricultural production [in Mindanao],” Piñol said. “In fact, if I would hazard a guess, I think this martial law would result in even more productivity,” Piñol added.

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Agriculture Secretary Emmanuel F. Piñol said the agriculture sector would not be affected by martial law and, in fact, it could even benefit from such heightened security measure. “Agriculture will never be affected by martial law. There could be areas that would be affected,

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PESO exchange rates n US 49.7810

n japan 0.4471 n UK 64.1329 n HK 6.3894 n CHINA 7.3141 n singapore 35.92220 n australia 36.6986 n EU 55.8294 n SAUDI arabia 13.2760

Source: BSP (2 June 2017 )


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Businessmirror june 04, 2017 by BusinessMirror - Issuu