PHILIPPINE STAR/ MICHAEL VARCASMASUNGI GEORESERVE operator Blue Star Construction & Development Corp. urged the Department of Environment and Natural Resources (DENR) on Tuesday to reconsider its eviction order and resolve matters via dialogue, asserting that its 2002 contract with the government complies with procurement law.In
BW FILE PHOTOTHE Board of Investments (BoI) said it is targeting Japanese developers for industrial and tourism-related land development activities in the Philippines.“We told them, and as validated by (consultancy) Colliers, development of industrial areas will be a good segment to consider,” BoI Industry Development
Ongoing spending capped at P3.864T in 2026 - BusinessWorld Online BW FILE PHOTOTHE Department of Budget and Management (DBM) said it set a ceiling of P3.864
Bataan shipmaker Herma sees new tanker servicing growing petroleum logistics demand - BusinessWorld Online HERMAHERMA SHIPYARD, INC. (HSI) said it launched a petroleum tanker with capacity
PHILIPPINE STAR/AJ BOLANDOTHE Bases Conversion and Development Authority (BCDA) has signed a new memorandum of agreement (MoA) featuring higher annual lease payment for the Ninoy Aquino International Airport (NAIA) Terminal 3 (T3) site.The BCDA signed the new agreement with the Manila International Airport Authority (MIAA)
THE PHILIPPINES was among the “lead reformers” in the Asia-Pacific region on trade facilitation, the Organisation for Economic Cooperation and Development (OECD) said in a report.Trade facilitation refers to measures that streamline and simplify technical and legal procedures for products at the border.According to the
Institutional investors have offloaded the pound at the fastest pace since 2023 in anticipation of this week’s spring statement, where Chancellor Rachel Reeves is expected to unveil £15 billion in spending cuts as part of efforts to restore fiscal discipline. According to Bank of America, the
BIR wins P5.7-B tax evasion case - BusinessWorld Online BW FILE PHOTO THE Bureau of Internal Revenue (BIR) won a P5.7-billion tax evasion case against a Chinese-run
PHILIPPINE STAR/KRIZ JOHN ROSALESBy Kenneth Christiane L. Basilio, ReporterTHE Armed Forces of the Philippines (AFP) on Tuesday said US Defense Secretary Peter Brian Hegseth’s visit to Manila reaffirms the US’ “ironclad” commitment to its oldest treaty ally in Asia.“This visit reaffirms what our ally, the
Chinese electric vehicle manufacturer BYD has overtaken Tesla in global revenue, cementing its position as a serious contender for dominance in the electric vehicle (EV) market. The Shenzhen-based company reported a 29 per cent surge in global revenues for 2024, reaching 777 billion yuan (£84 billion
VICE-PRESIDENT SARA DUTERTE-CARPIO — FACEBOOK.COM/MAYORINDAYSARADUTERTEOFFICIALCONGRESSMEN who will serve as prosecutors in Vice-President (VP) Sara Duterte-Carpio’s impeachment trial on Tuesday asked the Senate to compel her to comment on her ouster complaint.In a motion, the lawmakers also urged the Senate to summon Ms. Duterte to inform
Labor department clarifies pay rules for April holidays - BusinessWorld Online THE Department of Labor and Employment has issued an advisory detailing the pay guidelines for