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Inflation target at risk if oil hits $90: Philippines

Bloomberg Bangko Sentral ng Pilipinas estimates oil prices will have to surge and persist at $90 a barrel for it to impact the central bank’s inflation forecast, Governor Benjamin Diokno said. It’s “too early to say,” Diokno said in a text message when asked if the latest geopolitical development between the US and Iran could threaten inflation targets and impact ...

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VAT-registered businesses rise to 312,000 in two years, says FTA

Abu Dhabi / Emirates Business Khalid Ali Al Bustani, Director General of the Federal Tax Authority (FTA), announced that 2020 will see further evolution in the development of the FTA’s electronic systems, as part of its efforts to provide clear and simple procedures for managing, collecting and implementing federal taxes, ensuring higher rates of customer satisfaction. Al Bustani said that ...

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UAE combats airborne epidemics in Yemen

ADEN / WAM The United Arab Emirates has launched an extensive campaign to combat epidemics in cities and districts across the Red Sea Coast of Yemen, within the framework of its emergency response programme in the country, and in response to calls for help made by concerned Yemeni authorities. Hospitals in areas including Mokha, Taiz, Al Duraimi and Al Hodeidah ...

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