AN information technology (IT) park in South Cotabato is expected to launch commercial operations by 2026, the Philippine Economic Zone Authority (PEZA) said on Tuesday.PEZA announced the signing of the registration agreement for the Tupi IT Park last week.Tupi IT Park was proclaimed a special
BRUCE WARRINGTON-UNSPLASHTHE Department of Agriculture (DA) said it is seeking to streamline the permit process for aquaculture and livestock projects as a means of attracting more private-sector investment.Agriculture Undersecretary for Policy, Planning and Regulations Asis G. Perez told reporters that one of the possible outcomes of the
BW FILE PHOTOTHE PESO inched up on Tuesday as the dollar was generally weaker ahead of the release of key US data later this week.The local unit closed at P58.77 per dollar on Tuesday, strengthening by three centavos from its P58.80 finish on Monday, Bankers
PHILIPPINE STAR/KRIZ JOHN ROSALESSHARES closed higher on Tuesday as foreigners turned net buyers after nine straight sessions of selling before the Philippine central bank’s policy meeting and amid extended bargain-hunting and window-dressing activities.The bellwether Philippine Stock Exchange index (PSEi) rose by 0.42% or 26.59 points
THE Board of Investments (BoI) said on Tuesday that it granted green lane certificates to Nexif Ratch Energy Investments Pte. Ltd. (NREI) for its renewable energy (RE) projects.In a statement, the BoI said that NREI’s solar and wind power projects in Camarines Sur are eligible
HSBC has announced reductions in its mortgage rates, joining Barclays and NatWest in a move that comes on the heels of hints from the Bank of England about a potential summer base rate cut. Barclays lowered its fixed-rate home loan costs for new deals on Tuesday,
Global ultra-fast fashion giant SHEIN has reportedly filed documents with the UK’s market regulator, signalling an impending flotation on the London Stock Exchange. This move has sparked severe criticism from Amnesty International, which has highlighted the company’s questionable labour and human rights standards. SHEIN, notorious for
Pressure is mounting on the construction industry to bring in fresh talent as new insight shows around 500,000 workers are needed to fill skills gaps. With a number of large-scale, government-funded infrastructure schemes, such as the National Grid expansion, hanging in the balance, the industry would
AN AERIAL VIEW of the BRP Sierra Madre at the contested Second Thomas Shoal on March 9, 2023. — REUTERSBy John Victor D. Ordoñez, ReporterTHE PHILIPPINES does not plan to engage in defense talks with China after a standoff at Second Thomas Shoal in the
REUTERSTHE PHILIPPINES has met minimum global standards in the fight against human trafficking for the ninth straight year, with state efforts to prosecute traffickers and enforce monitoring, according to a report by the US Department of State.In its Trafficking in Persons Report published on its
PHILSTAR FILE PHOTOTHE US State Department on Tuesday called on the government of President Ferdinand R. Marcos, Jr. to step up efforts to resolve politically motivated lawsuits against civic leaders after former Senator Leila M. de Lima’s acquittal from in her last drug trafficking case.“We
PHILSTARTHE HOUSE human rights committee on Tuesday invited ex-Philippine President Rodrigo R. Duterte to its hearing investigating human rights violations in his deadly drug war.Also invited to the hearing were Senator Ronald “Bato” M. dela Rosa, Mr. Duterte’s police chief, and former Senator Leila M.