Corbel, a leading provider of IT support, Cyber Security and Cloud services, have donated over 150 computers to Tools with a Mission (TWAM), a charity dedicated to providing tools and equipment to underprivileged communities in Africa. With technology becoming ever more important for education, communication,
MASV, a leader in media and entertainment-oriented file transfer services, today announced a 20% price reduction on their Professional Membership plan, as well as the introduction of new enterprise options and compliance with SOC2 Type II. Greg Wood, CEO of MASV, commented: “In an economy where
BW FILE PHOTOTHE Department of Energy (DoE) said Congress has the power to hold the National Grid Corp. of the Philippines (NGCP) accountable for the power disruptions on the Luzon grid.“It is Congress that approves the franchise and Congress has various ways of exacting accountability
PHILIPPINE STAR/ MICHAEL VARCASCONSUMERS have cut back on non-essential items due to worries about the Philippine economic climate, PwC said, citing the findings of a survey.PwC said on Tuesday that its February 2023 Global Consumer Insights Pulse Survey found that 80% of respondents cut spending
PHILIPPINE STAR/ MICHAEL VARCASBy Luisa Maria Jacinta C. Jocson, ReporterWEAK government spending, elevated inflation and rising debt have been cited as possible factors slowing down growth, analysts said.“Lackluster spending from the government will be one reason we expect growth to slow this year. Government expenditures
TOURISTS enjoy sightseeing and shopping along Calle Crisologo in Vigan, Ilocos Sur. Consumer spending is still expected to drive economic growth this year. — PHILIPPINE STAR/KRIZ JOHN ROSALESTHE Philippine Retailers Association (PRA) backed a value-added tax (VAT) refund scheme for foreign tourists, saying it
THE economy is estimated to have expanded 6% in the first quarter, DBS Bank Ltd. said, joining the consensus towards the low end of the forecast range, with the bank citing slowing private consumption and easing investment.Cooling inflation may also prompt the Bangko Sentral ng
PHILSTAR FILE PHOTOTHE House of Representatives approved on second reading a bill seeking to extend the estate tax amnesty for two years beyond its original expiry date of mid-June.Legislators on Tuesday passed House Bill (HB) No. 7909 by voice vote. The bill proposes a new
BW FILE PHOTOTHE Department of Budget and Management (DBM) said it had released 85.8% or P4.52 trillion of the 2023 national budget at the end of April.The release rate was slightly ahead of the year-earlier pace of 85.6%.The DBM said P749.85 billion remains undistributed from
PHILIPPINE STAR/ MICHAEL VARCASFARMERS said they intend to document the impact on domestic industry of the Regional Comprehensive Economic Partnership (RCEP) trade deal, which is expected to take effect in the Philippines next month.“We will track and document the threats arising from RCEP both at
PCGTHE Department of Environment and Natural Resources (DENR) and the governors of five provinces expressed their support for legislative action to protect the Verde Island Passage.“It is home to more than 300 coral species, 170 fish species and thousands of marine organisms such as sharks
THE Board of Investments (BoI) said power plants using conventional fuel are ineligible for the income tax holiday incentive offered under the 2022 Strategic Investment Priority Plan (SIPP).In Memorandum Circular No. 2023-003 series of 2023 dated April 20 and published in a newspaper on May