BW FILE PHOTOTHE MAIN INDEX sank to the 5,800 level on Monday, hitting a near seven-month low, due to heavy selling amid expectations that Philippine economic growth may have slowed in the third quarter.The Philippine Stock Exchange index (PSEi) plunged by 1.71% or 101.62 points
Asda has sold Leon back to its co-founder John Vincent, ending four turbulent years of ownership under the Issa brothers that saw the once health-focused fast-food chain accused of losing its identity. The deal, which includes 46 company-owned restaurants and 25 franchise sites, comes amid growing
BW FILE PHOTOTWO REGIONS in the Philippines approved a P500 to P700 pay bump for domestic workers, according to the National Wages and Productivity Commission (NWPC) on Monday.In a wage order posted on the NWPC’s website, domestic workers in Region I (Ilocos) will receive an
Banana export push to focus on containing Panama disease, boosting market access - BusinessWorld Online ANFLOCOR.COM/TADECOAGRICULTURE SECRETARY Francisco P. Tiu Laurel, Jr. said he hopes to
PHL rice samples added to seed vault in Norwegian Arctic - BusinessWorld Online PHILIPPINE STAR/WALTER BOLLOZOSABOUT 4,417 samples of Philippine rice seed were added to the
BANGKO SENTRAL ng Pilipinas Governor Eli M. Remolona, Jr. — COURTESY OF BANGKO SENTRAL NG PILIPINAS CORPORATE BOND markets need to serve as the Philippines’ “spare tire” during crises that strike the banking system, the Bangko Sentral ng Pilipinas (BSP) said.Speaking at a joint general
DPWH sees savings of P60 billion from cutting cost of materials - BusinessWorld Online Portions of the revetment wall along the Tullahan River collapsed in North
PAGCOR 9-month net rises 49% to P14 billion - BusinessWorld Online PHILIPPINE STAR/KRIZ JOHN ROSALESTHE Philippine Amusement and Gaming Corp. (PAGCOR) said on Monday that net
DoE concludes consultations on modernizing small-scale coal miners - BusinessWorld Online UNSPLASHTHE Department of Energy (DoE) said it concluded consultations regarding its plan to modernize small-scale
SAMSUNGSEM.COMMANUFACTURERS in the Samsung Group supplier ecosystem are hoping to expand in step with Samsung Electro-Mechanics Philippines Corp. (SEMPHIL), the Philippine Economic Zone Authority (PEZA) said.“The participating firms — many of which serve as tier-one and tier-two suppliers of Samsung Electro-Mechanics — expressed strong interest
Game developers generate $4.87M in sales leads at fair in Germany - BusinessWorld Online GAMESCOMGAME DEVELOPERS generated $4.87 million in sales leads from a German trade
As businesses engage in cross-border transactions with related parties, transfer pricing adjustments become essential to ensure compliance with the arm’s length principle. These adjustments help align intercompany pricing with market standards, reducing the risk of tax disputes, penalties, and double taxation.Transfer pricing adjustments are revisions