Chancellor Rachel Reeves’s Spring Statement announcement to cut 10,000 back-office civil service roles has drawn support from leading policy recruitment experts, who see the move as a long-overdue correction that could increase public sector efficiency and create new career pathways. Lauren Maddocks, Associate Director at specialist
BW FILE PHOTOBy Revin Mikhael D. Ochave, ReporterTHE SECURITIES and Exchange Commission (SEC) is allowing an initial public float of 15% for some companies seeking to go public, but subject to “strict” criteria.“After thorough discussions with the Philippine Stock Exchange (PSE), the SEC has allowed,
A worker inspects peso bills inside a money changer in Manila. — REUTERSTHE NATIONAL GOVERNMENT is looking to borrow P735 billion from the domestic market in the second quarter, the Bureau of the Treasury (BTr) said on Thursday.In a notice on its website, the BTr
A cargo ship full of shipping containers is seen at the port of Oakland as trade tensions escalate over US tariffs in Oakland, California, March 6, 2025. — REUTERSBy Justine Irish D. Tabile and Luisa Maria Jacinta C. Jocson, Reporters DEPARTMENT of Trade and Industry
Bangko Sentral ng Pilipinas main office in Manila. — BW FILE PHOTOTHE COUNTRY’S financial sector is seen to remain robust and is well-positioned to absorb shocks, the Bangko Sentral ng Pilipinas (BSP) said, but noted external headwinds that pose risk to the sector.“The Philippine financial
our-team | FreepikBy Mhicole A. Moral, Special Features and Content WriterDecades ago, auditing relied heavily on manual processes, paper trails, and physical records. While effective at the time, this approach was time-consuming and prone to human error. Auditing standards were also less rigorous than they
macrovector | FreepikThrough the years, the auditing landscape has evolved, adapting to technological advancements that shape new standards within the industry. In the midst of these changes, nonetheless, auditing professionals continue to play a pivotal role in ensuring financial integrity and transparency.Auditing is among the
A sweeping new round of tariffs from President Trump has sent shockwaves through global markets, wiping billions of euros off the value of major European carmakers and dealing a fresh blow to the UK’s automotive sector. Trump’s decision to impose a 25 per cent tariff on
JG SUMMIT President and Chief Executive Officer Lance Y. Gokongwei — JGSUMMIT.COM.PHGOKONGWEI-LED conglomerate JG Summit Holdings, Inc. reported a 10% increase in attributable net income for 2024 to P22 billion, driven by higher revenue and merger-related gains. “Incorporating non-core items such as mark-to-market and foreign
Toyota Clarin, Misamis Occidental Service Center breaks ground - BusinessWorld Online In photo (From L to R): TMP Vice President of Customer Service Operations Mr. Marvin
Arya Residences — ARTHALAND.IMGIX.NETLISTED property developer Arthaland Corp. said it will launch three mid- to high-end residential projects this year.“Right now, we have already completed three office developments, and we’re focusing more on residential projects, given that the office market is still soft,” Christopher G.
ALTERNERGY.COMRENEWABLE energy developer Alternergy Holdings Corp. will develop a new onshore wind power project in Albay after securing a permit from the Department of Energy (DoE).The DoE awarded a Certificate of Authority (CoA) to Alternergy Wind Holdings Corp. (AWHC), the wind sub-holding company of Alternergy,