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Duterte tax reform spells stimulus for retailers

2017-10-11 bworldonline
MAU Dizon, a marketing officer in one of the largest Philippine banks, is among millions of Filipino taxpayers who stand to benefit from President Rodrigo R. Duterte’s tax reform plan that aims to return to consumers P860 billion ($17 billion) over five years. (9-0)

Duterte’s US$17b tax changes spell stimulus for retailers

2017-10-11 themalaymailonline
Employees load up shopping carts at a supermarket in Paranaque city, Manila October 31, 2016. — Reuters picMANILA, Oct 11 — Mau Dizon, a marketing officer in one of the largest Philippine banks, is among millions of Filipino taxpayers who stand to benefit from President Rodrigo Duterte’s tax reform plan that aims to return to consumers 860 billion pesos (US$17 billion or RM70.9 billion) over five years. (9-0)

PSEi seen to hit 8,100 this year

2017-02-06 philstar
MANILA, Philippines - The Philippine Stock Exchange index (PSEi) is seen hitting as high as 8,100 within the year as investors remain generally optimistic despite global uncertainties, COL Financial said.

Pepsi posts 5% higher income in 3 quarters

2016-11-18 philstar
MANILA, Philippines - Pepsi-Cola Products Philippines Inc. (PCPPI) reported a net income of P700 million in the nine months to September, up five percent on the back of strong sales as the company introduced new products.

Beverage tax to hurt consumers – COL Financial

2016-08-28 philstar
MANILA, Philippines - A plan of the Duterte administration to impose tax on sugar-sweetened beverages including softdrinks is seen hurting consumer companies.

Pepsi upbeat on prospects despite profit squeeze

2016-05-27 philstar
MANILA, Philippines - Pepsi-Cola Products Philippines Inc. (PCPPI) remains upbeat on its prospects this year despite a 17 percent drop in its first quarter net income.

PCPPI posts P1.6-B gross profit from P8.2-B revenues

2016-05-16 mb.com.ph
Pepsi-Cola Products Philippines, Inc. (PCPPI) has posted a double-digit increase in sales volume in the first quarter of 2016 but registered weaker earnings due to higher sugar prices and the start up of its snacks business.