Moncano becomes sole director of MGB

MINES and Geosciences Bureau (MGB) Acting Director Wilfredo G. Moncano became the bureau’s sole head Monday after Concurrent MGB Director Mario Luis J. Jacinto...

SEC: Updates and innovation

Taxwise Or Otherwise -- By Cyril B. Pestilos To acquire juridical personality, a partnership and a corporation must register first with the Securities and Exchange...

Economic team seeks urgent status for rice tariff bill to replace QR

THE GOVERNMENT’S economic managers will ask the President to certify as urgent the bill on lifting quantitative import restrictions on rice, replacing it with...

55 big-ticket infra projects await ICC action; 6 pass feasibility stage

FIFTY-FIVE flagship infrastructure projects are awaiting action from the National Economic and Development Authority Investment Coordination Committee (NEDA-ICC) as of mid-year. NEDA posted the list...

ASEAN advised to harmonize process for starting business

THE Association of Southeast Asian Nations (ASEAN) should seek to harmonize the process of setting up businesses to attract more foreign investment, a business...

PHL agricultural imports rise 7% to $2.76B in Q1

IMPORTS of farm products were about twice the country’s exports of the same commodities in the first quarter of the year. Data from the Philippine...

TVIRD promises cleanup of Zamboanga river

TVI RESOURCE Development (Philippines), Inc., a unit of Toronto-listed TVI Pacific, Inc., said its operations will help clean up a river in Zamboanga del...

Frozen pork inventory rises; stocks of chicken fall over 13%

THE country’s inventory of frozen pork for the week ending July 3 rose 3.81% year on year, according to the Department of Agriculture’s National...

New tax stamps for tobacco, alcohol due by October

THE Department of Finance (DoF) will roll out new tax stamps for tobacco and alcohol by October, in response to the proliferation of fakes...

BMW may expand PHL auto parts purchasing

BMW AG is exploring buying more auto parts from the Philippines and is preparing to help the local electric-vehicle (e-vehicle) industry set up the...

SC asked to review NGCP expropriation ruling by RTC

THE Social Security System (SSS), through the Office of the Government Corporate Counsel (OGCC), has asked the Supreme Court (SC) to bar the National...

BoC opens one-stop-shop facility at Subic

THE Bureau of Customs (BoC) said it opened on June 1 a one-stop-shop (OSS) trade facility at the Tipo, Subic Bay Metropolitan Authority (SBMA)...