BW FILE PHOTO THE Bureau of Internal Revenue (BIR) said a tax exemption on secondary trade and transfers of asset-backed securities (ABS) has taken effect.“The sale or transfer of assets to the SPE (Special Purpose Entity), including sale or transfer of any and all security interest
ICTSITHE Board of Investments (BoI) said it approved a P2.35-billion project of the International Container Terminal Services, Inc. (ICTSI) to modernize, manage, and operate the Visayan Container Terminal in Iloilo.In a statement on Thursday, the BoI said that it awarded the certificate of registration to
DA.GOV.PHBAD WEATHER is expected to disrupt corn production this year after rains forced some farmers to alter their planting schedules, according to the Philippine Maize Federation, Inc. (PhilMaize).“Bad weather, typhoons, and heavy rains caused delays in planting in some areas. There are some that have
CAMP JOHN HAY GOLF CLUB FACEBOOKTHE Bases Conversion and Development Authority (BCDA) said members of Camp John Hay Golf Club withdrew their complaint against the state-owned corporation.“A group of Camp John Hay Golf Club members moved to withdraw their case filed before the Baguio Regional
PHLSTAR FILE PHOTOUNDERNUTRITION in the Philippines is estimated to cost the economy up to $8.5 billion a year, according to Nutrition International’s Cost of Inaction Tool.“In the Philippines, the cost of inaction is estimated to be $8.5 billion per year,” Nutrition International Health Economics Project
AIRASIATHE Department of Tourism (DoT) said on Thursday that it signed a memorandum of understanding (MoU) with AirAsia Philippines, which will help promote Muslim-friendly tourism.“The potential of halal and Muslim-friendly tourism is huge for the Philippines because halal tourism globally is one of the largest
PHILIPPINE STAR/WALTER BOLLOZOSTHE PESO dropped further to hit a near three-week low against the dollar on Thursday as strong US labor data fanned bets that the US Federal Reserve would keep rates unchanged at their meeting this month.The local unit closed at P58.50 per dollar
BW FILE PHOTOPHILIPPINE SHARES rose on Thursday, lifted by last-minute bargain hunting after trading in the red for most of the session, as minutes of the US Federal Reserve’s December meeting affected market sentiment.The benchmark Philippine Stock Exchange index rose by 0.22% or 14.85 points
FREEPIKBy John Victor D. Ordoñez and Beatriz Marie D. Cruz, ReportersTHE CHINESE Embassy in Manila on Thursday dispelled allegations of state-sponsored hacking against the Philippines’ Executive branch, calling it groundless.“China’s position on hacking and cyberattacks is consistent and clear,” it said in a statement. “We
NICKELASIA.COMTHE PHILIPPINE government approved several nickel mining projects despite allegations of insufficient consultation with local communities and concerns over risks to health, the environment and livelihoods, according to Amnesty International Philippines.In a statement, the human rights group criticized the approval process, saying it had failed
THOUSANDS of Catholic devotees on Thursday joined the annual procession of the “Black Nazarene,” a life-sized image of Jesus Christ bearing a cross. — PHILIPPINE STAR/EDD GUMBANHUNDREDS of thousands of barefoot devotees joined an annual procession in the Philippines of a centuries-old statue of Jesus
WIKIMEDIA/PATRICKROQUE01THE Supreme Court (SC) ruled that disciplining children, which results in physical injuries, may be considered child abuse if there is a clear intent to harm a child’s dignity.The court’s Second Division in a ruling published on Jan. 9 upheld that parents have the right