Financing growth: a rice tariff cut, an MUP pension cut, and reforms in excise...
By Bienvenido S. Oplas, Jr.
There were lots of business developments last week, but I will comment on just the four issues below. The reports in BusinessWorld on each subject will provide more context about the issues:
Sustained growth seen for thrift banks until yearend
CHAMBER of Thrift Banks (CTB) President Cecilio D. San Pedro is expecting the double-digit growth in assets, deposits, and loans seen by thrift banks...
PSEi advances on bargain-hunting; SM shares rise
PHILIPPINE STOCKS climbed on Monday as investors saw bargain-hunting opportunities while awaiting changes to the composite index that will take effect on Tuesday.
Philippines to remove Chinese barrier at Scarborough Shoal, mulls lawsuit
THE PHILIPPINES will take all appropriate action to remove barriers placed by China in a disputed area of the South China Sea, the country’s national security adviser said on Monday.
VP spent confidential funds worth P125M in 11 days last year, says lawmaker
THE OFFICE of the Vice President (OVP) under Sara Duterte-Carpio spent P125 million in confidential funds in 11 days last year, a congresswoman said on Monday, citing a state audit report.
Philippine newsrooms urged to discuss, develop AI policies with staff
A PHILIPPINE media group has urged newsroom managers to start discussing and developing policies on Artificial Intelligence (AI) after a decision of the country’s largest media company to use AI-generated sportscasters.
PPP bill approved on 3rd reading
THE SENATE on Monday approved on third and final reading a priority bill that seeks to streamline the framework for public-private partnerships (PPPs) and...
EV industry group seeks exemption from Customs import assessment
THE Electric Vehicle Association of the Philippines (EVAP) said it requested an exemption for its members from going through the Bureau of Customs’ (BoC)...
PCCI to help encourage greater use of FTAs
THE Philippine Chamber of Commerce and Industry (PCCI) said it entered into a partnership with the Department of Trade and Industry (DTI) to promote...
Asiad boxing: Marcial marches on, Aira Villegas and Irish Magno fall
HANGZHOU — Eumir Marcial came through with a dominant showing in his light-heavyweight debut, but Irish Magno bowed out of contention as the two...
Filipinas U17 qualifies for Asia Cup in beating Vietnam
IT’S the turn of the Filipinas’ under-17 team to shine as it punched historic a ticket to the 2024 AFC U17 Women’s Asian Cup.
And...
Kiyomi Watanabe, Philippine judokas bomb out
HANGZHOU, China — Kiyomi Watanabe and four other Filipino judokas suffered crushing losses in the judo competition of the 19th Asian Games on Monday...