Japan set to allow some foreign tourists in June
JAPAN is set to allow in some package tourists from overseas starting June 6, broadcaster TV Asahi reported Thursday, in the latest step to ease controls that were introduced in a bid to limit the spread of the coronavirus.
Russia prepares to seize Western companies looking to leave
RUSSIA is advancing a new law allowing it to take control of the local businesses of Western companies that decide to leave in the wake of Moscow’s invasion of Ukraine, raising the stakes for multinationals trying to exit.
Marcos urged to impose new taxes
THE FINANCE department is pressing the incoming Marcos administration to impose new tax measures, defer personal income tax reductions and repeal some tax exemptions to raise much-needed revenues and reduce the Philippines’ debt.
Congress proclaims Marcos as winner of presidential election
FERDINAND “BONGBONG” R. MARCOS, JR. became the 17th president of the Philippines on Wednesday when Congress declared him the winner of the May 9 election, succeeding Rodrigo R. Duterte whose six-year term ends next month.
Fate of Mindanao railway up to next administration
THE Transportation department on Wednesday said it will now be up to the next administration to start constructing the Mindanao railway project, as the government has yet to receive from China a shortlist of bidders for the design-and-build contract.
SEC approves Balai ni Fruitas’ P309-million IPO
THE Securities and Exchange Commission (SEC) on Wednesday announced that it approved the initial public offering (IPO) of Balai ni Fruitas, Inc. for up to P309.38 million.
Rockwell to expand further in Visayas
ROCKWELL Land Corp. on Wednesday said that it is developing two projects in the Visayas this year, when it also set to launch another premium tower at its flagship center in Makati City.
PSE warns firms on possible trading suspension
THE Philippine Stock Exchange (PSE) announced that 11 companies are at risk of being suspended from trading due to their noncompliance with the submission of financial reports.
Yields on BSP’s term deposits rise after rate hike
YIELDS on the term deposits of the central bank climbed on Wednesday after the regulator raised benchmark interest rates last week and on lingering inflation concerns here and abroad.
Ecotourism is picking up in Philippine national parks
“CLIENTS are the lifeblood of a mountain.”
CitySavings to improve digital capabilities
CITY SAVINGS Bank, Inc. (CitySavings) is improving its digital capabilities to offer more accessible financing options and services to its customers.
SBP apologizes for Gilas’ awful Vietnam SEA Games campaign
AN APOLOGETIC Samahang Basketbol ng Pilipinas (SBP) owned up to Gilas Pilipinas’ disastrous campaign in the 31st Southeast Asian Games (SEAG) in Vietnam and vowed to right the ship moving forward.