Tag: finance,
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SP Group Inks Strategic Alliance with CMB Financial Leasing to Finance Renewable Energy Investments in China
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SP Group (SP) has announced a strategic alliance with CMB Financial Leasing Co., Ltd., through its wholly-owned subsidiary, Shirui Energy Technology (Shanghai) Co., Ltd. This partnership aims to provide competitive […] The post SP Group Inks Strategic Alliance with CMB Financial Leasing to Finance Renewable Energy Investments in China appeared…
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Finance department says no plan to further raise sin tax rates
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THE DEPARTMENT of Finance (DoF) is not planning to raise taxes on “sin” products but is closely looking into the mounting tax losses due to illegal importation of cigarettes. “We will not impose any hike except for the existing [rates,]” Finance Undersecretary and Chief Economist Domini S. Velasquez said at…
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No need to revise revenue targets yet — Finance chief
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THERE IS NO NEED to revise revenue targets yet as the government is still on track to meet its fiscal targets on the back of efforts to enhance tax administration, Finance Secretary Ralph G. Recto said. “Our revenue collection today seems to be on target. No need to revise it…
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Asialink Finance plans IPO by 2028
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ASIALINK Finance Corp. (Asialink) is gearing up to conduct an initial public offering (IPO) by 2028, its chief executive officer said on Wednesday. In preparation for this milestone, the finance company is working to strengthen its financial standing, Asialink Chief Executive Officer Robert B. Jordan, Jr. said during a briefing.…
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Manila jumps five spots in Global Green Finance Index
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MANILA moved up five spots in the latest ranking of financial centers based on their green finance performance, according to London-based think tank Z/Yen Group. In the 13th edition of the Global Green Finance Index (GGFI), Manila ranked 69th out of 96 financial centers. This was better than its 74th…