THE Philippines is looking to fill the domestic shortage of salt and remove the need for imports in the next five years, eventually competing with global suppliers of salt, according to the Bureau of Fisheries and Aquatic Resources (BFAR).

TBILISI, Georgia—The Bangko Sentral ng Pilipinas (BSP) is not keen on imposing immediate sanctions on banks that will fail to comply to the Sustainable Finance Taxonomy Guidelines (SFTG).

THE national government’s disbursements from January to February this year rose by 16.4 percent to P722.5 billion from P620.7 billion recorded in the same period a year ago, according to the Department of Budget and Management (DBM). 

With a rich history spanning 78 years in the transportation industry, Victory Liner, Inc. (VLI) has established itself as a premier service provider, renowned for its exceptional offerings. Recognized as Campaign Asia’s top brand for customer experien...

REMITTANCES sent home by overseas Filipinos abroad continued to increase in February 2024 but their savings and investments remained at pandemic levels, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).

THE Philippines joined the international community on Monday in voicing its apprehension over the increasing tension between Israel and Iran.

INTERNAL Revenue Commissioner Romeo D. Lumagui Jr. expressed confidence that the Bureau of Internal Revenue (BIR) will hit its target of raising the P198 billion from taxes on net income and profit to be collected this month on the back of strict enfo...

THE Bureau of Internal Revenue (BIR) is keen on extending the deadline for the registration and submission of a Sworn Declaration of Gross Remittance for online sellers for another 90 days to avoid the automatic deduction of 1-percent withholding tax ...

FOREIGN borrowings approved by the Monetary Board declined 48 percent in the first quarter of 2024, according to the Bangko Sentral ng Pilipinas (BSP).

TRANSPORT groups Piston and Manibela claimed on Monday they brought the streets of Metro Manila and the Southern Tagalog Region to a standstill in their protest against the Public Utility Vehicle Modernization Program (PUVMP), but the government dispu...

WHOLESALE rice prices jumped 31.2 percent in March 2024, according to the latest data released by the Philippine Statistics Authority (PSA).

LOCAL government units (LGUs) in Nueva Vizcaya, Bohol, and Basilan were the top prizewinners of the inaugural Tourism Champions Challenge (TCC) of the Department of Tourism (DOT).

President Ferdinand R. Marcos, Jr. said the country will closely watch the outcome of the upcoming United States (US) polls to determine how it will affect Manila-Washington relations.

DESPITE the “deepening” Philippines-US defense and military ties, President Ferdinand R. Marcos, Jr. said he will not grant American troops access to more local military bases under the Enhanced Defense Cooperation Agreement (Edca).

Shakey’s Pizza Asia Ventures Inc., an operator of fast casual restaurant in the Philippines, said its net income last year expanded by 23 percent to P1.08 billion from the previous year’s P874.4 million, on higher sales.

I’ve always loved reading. Novels, history books, magazines, and newspapers of course (4 newspapers are delivered to me at 8 am daily—and I love it!)  Reading has shaped the way I think and see the world in ways I cannot even fathom.

PRESIDENT Ferdinand R. Marcos Jr. said the country’s power supply is set to become more resilient during natural calamities with the launch of the two components of the $34-million “Energy Secure Philippines” initiative of the United States Agency for...

EVERY decision you make, from how you budget your paycheck to where you invest your savings, shapes your financial well-being. Yet, for many, navigating the intricate world of personal finance remains a daunting task. From government employees to stay...

The Supreme Court (SC) has started its regional consultations on the proposed new legal aid program that would require lawyers to render at least 60 hours of pro bono legal aid services to indigent Filipinos. 

Citicore Renewable Energy Corp. (CREC) and Rizal Commercial Banking Corp. (RCBC) sealed a financing deal worth P20 billion to help CREC achieve its goal of having one gigawatt (GW) of solar energy capacity this year.

Holcim Philippines said it is allotting some P2 billion for segregation and waste collection facilities and solar projects in the next three years.

Alternergy Holdings Corp.’s (Alternergy) subsidiary, Alternergy Tanay Wind Corp. (ATWC), and the National Grid Corporation of the Philippines (NGCP) have signed the interconnection agreement (ICA) for the 100-megawatt (MW) Tanay wind power project in ...

Lopez-owned First Gen Corp. (FGen) said Monday it awarded the contract for the second shipment of the company’s liquefied natural gas (LNG) supply requirement to CNOOC Gas and Power Trading & Marketing Limited (CNOOC).

The Philippine Ports Authority (PPA) has issued the notice to proceed to International Container Terminal Services Inc. (ICTSI) for the development and operations of the Iloilo Commercial Port Complex (ICPC), which has been renamed to Visayas Containe...

Century Properties Group Inc. (CPG) said its net income last year jumped to a 10-year high and surpassed the level recorded prior to the pandemic mainly due to the strong performance of its affordable housing brand.

Image credits: Paul Eric Roca

THE Metropolitan Manila Development Authority (MMDA) said it received a “donation” of P200,000 from former Ilocos Sur Governor Luis “Chavit” Singson.

The country’s recent employment data has sparked both optimism and concern among citizens. While the numbers indicate some improvement, it is clear that the pace of job creation is falling short of expectations. Despite the modest increase in the numb...

For most taxpayers, the deadline for filing the Annual Income Tax Returns (AITR) was yesterday (April 15). It is at this moment that a decision to either refund or carry over the excess withholding tax credits must be made. The Supreme Court in one ca...

Three weeks from now two events will take place. They are not connected but it is interesting. Vladimir Putin’s next presidential inauguration is set for May 7, 2024. In addition, there will be another minor peak in Wave 935 of the Economic Confidence...

TAGUM CITY, Davao del Norte – Former President Rodrigo R. Duterte threw broadsides anew at his successor, advising him to cast aside an alleged ambition to prolong the stay of the Marcoses in power. This, Duterte said, would spare President Ferdinand ...

To eliminate cervical cancer in the country, Department of Health Secretary Teodoro “Ted” J. Herbosa says that the government needs to expand its immunization program to accommodate vaccination against the human papillomavirus (HPV) among all pre-pube...

THE Philippines is set to receive fresh investments in critical sectors as it becomes the beneficiary of a new “economic corridor” under the Partnership for Global Infrastructure and Investment Initiative (PGII) of the Group of 7 (G7).US P...