businessmirror
PHL assessors to gather for convention
April 1, 2024
The Philippine Association of Assessing Officers Inc. (PAAO, Inc.), in coordination with the Bureau of Local Government Finance of the Department of Finance, will hold its 17th National Convention and Annual Seminar on Real Property Appraisal and Asse...
PWEI wind project gets IEMOP nod
April 1, 2024
The 13.2-megawatt (MW) Nabas wind power project of PetroWind Energy Inc. (PWEI) in Aklan is a step closer to commencing full operations.
Govt Jan debt service pay went more to amortization
April 1, 2024
THE national government reported that it spent more in terms of amortization than interest payments, the sum having totaled P158.898 billion in debt payments for January this year, according to the Bureau of the Treasury (BTr).
Legacy of SEC’s Guevara, 56, commended by DOF
April 1, 2024
The Department of Finance (DOF) expressed its heartfelt condolences to the family and loved ones of Securities and Exchange Commission (SEC) Commissioner Hubert Dominic B. Guevara who passed away on March 29 at 56.
‘BIR taxes on cross-border services to deter investors’
April 1, 2024
SENATOR Sherwin T. Gatchalian, in filing an enabling resolution, clears the way for an inquiry into the Bureau of Internal Revenue’s imposition of a 25-percent withholding tax and 12-percent value-added tax (VAT) on all cross-border services rendered ...
Strategic board engagement
April 1, 2024
STRATEGIC board engagement goes beyond attending meetings and approving decisions. It also involves active participation, thoughtful deliberation, and a deep commitment to advancing the association’s mission.
Sun Life subsidiary plans to grow gender diversity
April 1, 2024
THE Philippine office of Sun Life Global Solutions (SLGS) Pvt. Ltd. announced plans to grow its gender diversity in jobs involving technology.
Govt sees crypto a way to develop capital mart
April 1, 2024
Regulators are looking at creating guidelines for cryptocurrencies, Finance Secretary Ralph G. Recto said.
Addressing inadequate connectivity: A necessity for economic progress
April 1, 2024
Connectivity, or the lack thereof, has been a persistent issue in the Philippines for decades. As we mark 30 years since the country first connected to the Internet, it is disheartening to note that inadequate connectivity still plagues a significant ...
Govt eyes ₱100B from CBK hydro plant sale to fill deficit
March 25, 2024
THE Power Sector Assets and Liabilities Management Corp. (PSALM) could raise as much as P100 billion from the privatization of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex, according to the chairman of the state firm.
Peza touts PHL’s gains from FTA with EU
March 25, 2024
A FREE trade deal with the 27-member bloc European Union (EU) will be “instrumental” in Philippine locators’ goal of making the country the “ideal base” for offshore operations by EU firms, according to the Philippine Economic Zone Authority (Peza)....
SPREADING JOY AND AWARENESS
March 25, 2024
Happy Walk continues to be a symbol of joy, awareness and inclusivity for individuals with Down Syndrome and their families.
Semana Santa travel tips: Book with DOT-accredited hotels, be at Naia early
March 25, 2024
TRAVELERS this Semana Santa (Holy Week) are advised to book only with government-accredited tourism enterprises, while those holidaying abroad are encouraged to pay their travel tax online.
PHL to ICJ: Polluting states accountable for climate woes
March 25, 2024
THE Philippines, one of the world’s most vulnerable countries from climate change risks, has asked the United Nations’ principal judicial organ to make polluting countries accountable for climate change.
Abalos probes police camp handover near Masungi
March 25, 2024
DEPARTMENT of Interior and Local Government (DILG) Secretary Benhur Abalos on Sunday checked out the irregular “turnover” of a police camp to private individuals within the Upper Marikina River Basin Protected Landscape, near the Masungi re...
China to PHL: Be ready for all potential consequences
March 25, 2024
CHINA scoffed at the Philippine government for sending another rotation and resupply mission (RORE) to Ayungin Shoal in the West Philippine Sea, which it described as “irregular,” coming only 18 days after its last RORE mission.
House eyes supplemental budget for ₱9-B gap in 4Ps
March 25, 2024
A LEADER of the House of Representatives on Sunday announced his intention to propose a supplemental budget to tackle the P9-billion deficit in the Pantawid Pamilyang Pilipino Program (4Ps), resulting from what he claimed was Senator Imee Marcos’ redu...
Buoyed by poll showing rising support, Speaker vows to push Cha-cha
March 25, 2024
THE leadership of the House of Representatives on Sunday vowed to make the push for amending the Constitution’s restrictive economic provisions succeed, saying recent survey results indicate widespread support for Charter change (Cha-cha) among F...
‘AsPac economies must invest in data systems’
March 25, 2024
ECONOMIES in Asia and the Pacific region must invest in improved data systems to better manage the next pandemic and save lives, according to the Asian Development Bank.
PALASPAS: EMBODYING CHRIST’S ARRIVAL AND DEVOTION AS HOLY WEEK COMMENCES
March 25, 2024
The faithful observe the Palaspas ritual at Our Lady of Light Parish in Cainta, Rizal, Saint Anthony of Padua Parish Church in San Andres, Manila, and Baclaran Church during Palm Sunday Mass, as priests bless the symbolic palms.
‘Sachet economy provides resilience to sari-sari stores’
March 25, 2024
ALTHOUGH it wreaks havoc on the Philippine environment, the country’s sachet economy is one major factor that provides resilience to the sari-sari (variety) stores.
DOE, Meralco vow support to motorists in Holy Week
March 25, 2024
TO ease the negative impact of rising fuel prices worldwide, the Department of Energy (DOE) told oil firms to mobilize assistance along national highways, major roads, tollways and areas leading to pilgrimage sites as motorists embark on Holy Week ret...
DepEd voucher funds spent on ‘non-poor’ beneficiaries
March 25, 2024
SENATOR Sherwin T. Gatchalian bared an over P7-billion Senior High School (SHS) voucher program funds spent on non-poor beneficiaries.
UPS grows investments in APAC with PHL hub
March 25, 2024
LOGISTICS firm United Parcel Service Inc. (NYSE: UPS) announced last March 21 its investment commitments in Asia Pacific at more than $250 million since last year include its expansion of operations at the Clark International Airport (CRK).
BOC raid bags ₱7B worth of fake underwear, goods
March 25, 2024
THE Bureau of Customs (BOC) said on Sunday that it has discovered over P7 billion worth of fake goods in simultaneous raids in Caloocan City and Bocaue, Bulacan.
DMW: No Filipino hurt in Moscow terror attack
March 25, 2024
THE Department of Migrant Workers (DMW) said no Filipino was hurt in the recent terrorist attack in Moscow, which killed 133 people last week.
Marcos: ‘Outward action’ important to strong faith
March 25, 2024
PRESIDENT Ferdinand R. Marcos Jr. called on Filipinos faithful to have a meaningful Holy Week by doing acts of charity.
Medical staff told to prep vs accidents on Holy Week
March 25, 2024
THE Department of Health (DOH) announced over the weekend that it has raised a Code White Alert for the Holy Week, ensuring that medical personnel and staff will be on standby to accept and treat patients at hospitals nationwide.
Solon eyes probe on Chinese recruits in PHL Coast Guard
March 25, 2024
A lawmaker on Sunday called for an investigation to uncover and hold accountable the individuals dubbed as “Makabagong Makapili” responsible for recruiting and facilitating the admission of 36 Chinese into the Philippine Coast Guard’s Auxiliary Corps....
Sen. Bong Go joins groundbreaking of new SHC in Iloilo
March 25, 2024
SENATOR Christopher “Bong” Go personally attended the groundbreaking of a new Super Health Center in Barangay Pasig, Lambunao, Iloilo, on Friday, March 22. This part of the collaborative efforts of Go, fellow lawmakers, the Department of Health (DOH) ...
SRA tweaks rules for sugar purchase program
March 25, 2024
The Sugar Regulatory Administration (SRA) announced amendments to the guidelines for the implementation of an order that allowed traders to purchase a limited volume of raw sugar produced in the Philippines at a premium.
FAO, Google develop app easing people’s ability to monitor and protect forests
March 25, 2024
The Food and Agriculture Organization of the United Nations (FAO) and Google launched a mobile application that allows indigenous people and farmers to collect information on their area of forest or agricultural plots.
DA told to invest in research on climate-resilient crop varieties
March 25, 2024
The Department of Agriculture (DA) must focus on the development of climate-resilient varieties of major crops to mitigate the impact of weather phenomena like El Niño, according to a lawmaker.
Inefficiencies stunt growth of local corn sector–Villar
March 25, 2024
Inefficiencies in supply and market chains as well as inadequacies in policies and governance continue to limit corn productivity, according to Senator Cynthia A. Villar.
Bitcoin ‘halving’ spurs exodus of about 6,000 old US mining computers abroad
March 25, 2024
ABOUT 6,000 older Bitcoin mining machines in the US will soon be idled and sent to a warehouse in Colorado Springs where they’ll be refreshed and resold to buyers overseas looking to profit from mining in lower-cost environs.
Collection efficiency first, before new taxes–Recto
March 25, 2024
ASSERTING the Department of Finance’s (DOF) plan to not push for new taxes this year, the government’s top official in formulating sound fiscal policies said revenue collection efficiency must be prioritized.