By Charmaine A. Tadalan, Sub-EditorCEBU — Megaworld Corp. has nearly sold out units at its La Victoria Global Residences in Cebu, with property prices increasing by 71% since the project’s launch in 2018.The 20-story building, located within Megaworld’s Mactan Newtown in Lapu-Lapu City, is now
REUTERSPHILIPPINE STOCKS bounced back on Monday to snap a two-day losing streak as investors picked up bargains as they await developments on the country’s tariff negotiations with the United States.The Philippine Stock Exchange index (PSEi) jumped by 1% or 65.16 points to close at 6,525.04,
Britain’s third heatwave in four weeks is not just pushing temperatures to Mediterranean levels—it’s also turning up the pressure on an already fragile economy. From Herefordshire farms to high street bakeries, businesses across the UK are feeling the strain as record heat disrupts productivity, slashes sales,
OFFICIAL FACEBOOK PAGE OF THE DEPARTMENT OF TRANSPORTATIONPRESIDENT Ferdinand R. Marcos, Jr., proposed an 18-month accelerated timeline for completing the new passenger terminal at Caticlan airport in Aklan province, instead of the contracted 24 months.At the groundbreaking ceremony for the new terminal at Caticlan Airport,
Condominium and office buildings are seen in the Ortigas Business District, April 4, 2025. — PHILIPPINE STAR/MIGUEL DE GUZMANBy Beatriz Marie D. Cruz, ReporterTHE US decision to impose a 1% remittance tax could serve to dampen property investing activity by overseas Filipino workers (OFWs), industry
Palay average farmgate price falls 31.8% in June - BusinessWorld Online PHILIPPINE STAR/KRIZ JOHN ROSALESTHE average farmgate price of palay (unmilled rice) fell 31.8% year on
SRA may tap fungus to keep sugarcane pest under control - BusinessWorld Online REUTERSTHE Sugar Regulatory Administration (SRA) said it is considering turning to a fungus
BW FILE PHOTOTHE PESO could come under pressure due to the Philippines’ sustained current account deficit, Deutsche Bank Research said.“The current account deficit has been widening on the back of improving infrastructure investments, which are, in turn, driving capital good imports sharply higher,” it said
STOCK PHOTO | Image by Matthew Henry from UnsplashTHE National Grid Corp. of the Philippines (NGCP) said it is still studying the decision of the Energy Regulatory Commission (ERC) on its fourth regulatory period rate reset spanning 2016 to 2022.“There were several items that were disallowed
A farmer stands in the middle of a flooded rice field in Alicia, Isabela province, Nov. 23, 2020. — PHILIPPINE STAR/ MICHAEL VARCASTHE World Bank (WB) is evaluating a Philippine climate-change mitigation insurance project targeted at small farmers, which it could co-finance to raise up
PHL to host EITI conference next year - BusinessWorld Online STOCK PHOTO | Image David Hellmann from UnsplashTHE PHILIPPINES is set to host the Extractive Industries Transparency
REFUND OF TAXES IN G.R. NO. 271261Adding to the wealth of jurisprudence in interpreting the two-year prescriptive period, the Supreme Court revisited the interpretation of the two-year prescriptive period for tax refund claims under Section 229 of the National Internal Revenue Code, as amended in