Giving mothers a break

After almost 20 years, the government has finally recognized the need to enhance the current maternity leave benefits for women. In March, the Senate approved...

Analysts’ July inflation rate estimates

INFLATION likely picked up slightly in July on the back of higher prices of food, electricity, and fuel, analysts said in a BusinessWorld poll,...

Villar hopes DPWH projects completed by end of Duterte term

DEPARTMENT of Public Works and Highways Secretary Mark A. Villar said key infrastucture projects entrusted to his department are targeted for completion by the...

BSP moves away from monthly inflation forecasting — Espenilla

By Melissa Luz T. Lopez,
Senior Reporter
THE Bangko Sentral ng Pilipinas (BSP) said it will shift its emphasis to two-year assessments of inflation patterns rather than monthly forecasts. BSP Governor Nestor...

Businesses worried about worsening conditions for foreign investors

INDUSTRIALISTS said more government support for micro, small and medium enterprises (MSMEs) could turn out to be a prudent measure if investors are scared...

Laguna Water targets no. 3 ranking within water industry

MANILA WATER Co., Inc. unit Laguna Water said it plans to be the country’s third-largest water service provider, possibly by 2022. “The aspiration is to...

Senate hopes to retain tax reform core despite possible modifications

THE SENATE will convene next week to discuss the Tax Reform for Acceleration and Inclusion Bill (TRAIN), with Senate President Aquilino L. Pimentel III...

LTFRB may require minimum operating hours for Grab, Uber drivers

THE Land Transportation and Franchising Regulatory Board (LTFRB) is looking at imposing minimum operating hours for drivers of ride-sharing firms like GrabTaxi Holdings Pte....

PCCI says Taiwan’s Kinpo to expand Philippine manufacturing operations, create 7,000 jobs

TAIWAN electronics firm New Kinpo Group is set to expand its Philippine manufacturing plants next year, which will offer some 7,000 jobs for Filipinos,...

Tax incentives to become more selective, performance-based

THE Finance department said its second tax reform package, which focuses on rationalizing tax incentives for corporations, will be more selective in granting investment...

House committee approval for 2018 budget seen by late August

THE HOUSE committee on appropriations expects to approve the P3.767 trillion 2018 national budget by late August, its chairman said. Davao City Rep. (1st district)...

DoF not worried about impact of removing expatriates’ perks

THE Department of Finance (DoF) said that multinational firms with regional headquarters here are not concerned about highly-skilled foreign workers losing their preferential income...