SEIPI announces partnership to expand presence in France
THE Semiconductor & Electronics Industries in the Philippines Foundation, Inc. (SEIPI) will soon partner with a group of tech start-ups in France to expand its presence in the country’s internet of things (IoT) market.
Aboitiz unit Therma South suspends supply to Davao co-op
DAVAO CITY -- Therma South Inc. (TSI), a subsidiary of Aboitiz Power Corp. (AboitizPower), said it suspended its delivery of power to the Davao del Norte Electric Cooperative, Inc. (Daneco) starting Sept. 1, claiming the co-op owes it P256 million.
Senator calls for full suspension of fuel excise tax hike
SENATOR Paolo Benigno A. Aquino IV on Thursday hopes that the government will cancel the excise tax hike on fuel called for under tax reform in order to provide relief from rising prices.
Increased integration with China expected to show up in BPO, infrastructure industries
CHINA and the Association of Southeast Asian Nations (ASEAN) region have room to deepen their economic ties, the economic research arm of a regional integration organization said on Thursday.
Employers warn maternity leave law imposes more costs on companies
EMPLOYERS said their questions about the new maternity leave law center on additional costs that companies are liable for, while noting the new 105-day leave entitlement exceeds the international norm of 98 days.
DoLE orders OFWs seminars to be standardized
THE Department of Labor and Employment (DoLE) has issued an order to standardize seminars for Overseas Filipino Workers (OFWs) to help them adjust to their host countries.
Economist calls on conglomerates to do more heavy lifting for development
CONGLOMERATES have the resources to play a bigger role in helping achieve the goal of inclusiveness amid the weakness of national institutions, National Scientist and economist Raul V. Fabella said.
Bicam to tackle PWD PhilHealth measure in Nov.
THE Bicameral Conference Committee will meet next month to harmonize bills proposing to give persons with disabilities (PWDs) mandatory PhilHealth coverage.
Rice imports PHL’s strongest bet for taming inflation — BSP
THE central bank expects the proposed rice tariffication law to help bring inflation back to within its preferred range, while projecting the inflation-dampening impact of suspending fuel tax hikes at only fraction of a percentage point.
TRAIN collections ahead of target at P33.7 billion
REVENUE generated by the Tax Reform for Acceleration and Inclusion (TRAIN) law amounted to P33.7 billion in the first half, exceeding the P30.1 billion target, the Department of Finance (DoF) said.
NTC to testify this week in Now Telecom injunction hearing
THE National Telecommunications Commission (NTC) will testify on Friday, Oct. 26, in a hearing for an injunction sought by Now Telecom Co., Inc. over the selection process for the telecom industry’s new entrant, the so-called “third player.”
DA to test anti-counterfeiting technology for import permits
THE Department of Agriculture (DA) hopes to conduct a pilot text next year of chip-embedded import certificates to deter falsification of the documents.