The lobby of the Philippine Stock Exchange in Taguig City, Sept. 30, 2020. — REUTERSPHILIPPINE STOCKS continued to decline on Monday amid selling pressure and weak trading activity due to a lack of leads.The Philippine Stock Exchange index (PSEi) decreased by 0.24% or 15.22 points
Proposed amnesty could cover taxes from as far back as 2007 - BusinessWorld Online DOF.GOV.PHTHE Department of Finance (DoF) said on Monday that a proposed general
ANDREY METELEV-UNSPLASHTHE Energy Regulatory Commission (ERC) said it drafted rules for the National Grid Corp. of the Philippines (NGCP) to follow in procuring reserve power.In a draft resolution, the ERC proposed implementing guidelines for the procurement, execution, and evaluation of ancillary services (AS) procurement agreements
P64 food poverty threshold set for revamp - BusinessWorld Online BW FILE PHOTOTHE Department of Economy, Planning, and Development (DEPDev) said it will overhaul the food
FACEBOOK.COM/THENEGROSTRADEFAIRTHE Association of Negros Producers (ANP) said it is seeking to develop niches in organics and crafts to supplement the island’s strengths as a food producer.“Food has always been one of the favorites of people who visit Negros,” ANP President Christina Gaston told BusinessWorld on
The high-end villas will come with alfresco relaxation areas, plunge pools, sun decks and inviting indoor living spaces.HANN PHILIPPINES, Inc. (HPI) registered its mixed-use development in Clark as a special economic zone, the Philippine Economic Zone Authority (PEZA) said, converting it from its initial status
THE Anti-Money Laundering Council (AMLC) said “covered persons” subject to its oversight must only deal with legitimate online gambling platforms and casinos.“Covered persons (CPs) are hereby reminded that transactions involving online casinos and online gambling platforms must be conducted exclusively with entities duly registered with
PHILIPPINE STAR/EDD GUMBANTHE Department of Agriculture (DA) said prosecutions for economic sabotage are going slowly, blunting the law’s deterrent effect.Agriculture Secretary Francisco P. Tiu Laurel, Jr. said in a statement submitted to a Senate hearing that the Anti-Agricultural Economic Sabotage Council has been slow to
Gov’t disburses first nine loans for tourism MSMEs - BusinessWorld Online Dayaw through the years PRESIDENT Ferdinand R. Marcos, Jr., said on Monday that the government
THE Department of Trade and Industry (DTI) said it is considering mobilizing its financing arm, the Small Business Corp. (SB Corp.), to provide P2-3 billion to small exporters affected by US tariffs.“Actually, (financing small exporters) is a good idea. We can talk about that, as
THE GOVERNMENT needs to tap artificial intelligence (AI) to better detect corruption and waste in public procurement, the Philippine Institute for Development Studies (PIDS) said.“Tools like AI-powered whistleblower reporting systems and blockchain-enabled reporting systems… can ensure reliability of information, protection of the citizen-whistleblowers, and (help
AN AERIAL VIEW of the BRP Sierra Madre at the contested Second Thomas Shoal on March 9, 2023. — REUTERSBy Adrian H. Halili and Kenneth Christiane L. Basilio, ReportersTHE Department of Foreign Affairs (DFA) on Monday dismissed China’s latest travel advisory that warned Chinese citizens