Marcos seen having free hand to pursue Constitutional reforms
LEADING presidential vote-getter Ferdinand R. Marcos, Jr. has no political debts that would tie his hands in pursuing Constitutional reforms, with a reversal of the current government’s policy direction seen as only the “worst-case scenario,” the Foundation for Economic Freedom (FEF) said.
BIR to inspect ecozone BPOs’ compliance with on-site work rules
THE Bureau of Internal Revenue (BIR) said it formed a task force to inspect compliance with the government’s order to resume on-site work for economic zone locators in the Information Technology-Business Process Management (IT-BPM) industry.
Coordinating panel proposed in draft IRR for Foreign Investment Act
THE National Economic and Development Authority (NEDA) said its latest draft implementing rules and regulations (IRR) for amendments to the Foreign Investments Act of 1991 calls for the creation of a committee to coordinate efforts to attract foreign investment.
Sri Lanka’s default hints at trouble ahead for other developing nations
SRI LANKA’s impending default on $12.6 billion of overseas bonds is flashing a warning sign to investors in other developing nations that surging inflation is set to take a painful toll.
In Europe’s first, Spain aims to introduce paid menstrual leave
MADRID — Spain’s leftist coalition government on Tuesday approved a draft bill to reinforce abortion rights and make Spain the first country in Europe to offer state-funded paid leave for women who suffer from painful periods.
US accuses casino tycoon Wynn of acting as Chinese agent
WASHINGTON — The US Justice Department on Tuesday sued Steve Wynn, the former CEO of Wynn Resorts, to compel him to register as an agent of China and accused him of lobbying then-President Donald Trump at Beijing’s behest in 2017.
Making the case against bad profits via shrinkflation and the case for customer love
By Darci Darnell
IN MANY PARTS of the world, inflation is climbing quickly, including in the US, where I live and where inflation is now north of...
Elon Musk is acting like Henry Ford. Uh-Oh.
By Stephen Mihm
AS ELON MUSK tries to add the social media giant Twitter to his expanding empire, he’s seeming a bit busy. When he’s not starting...
Promises to keep
By Philip Ella Juico
Almost two weeks after the May 9 general elections, people, as expected, continue to do some so-called Monday-night quarterbacking.
Investment pledges fall to 13-year low
FOREIGN INVESTMENT pledges fell to their lowest in more than a decade in the first quarter, as sentiment was affected by another virus surge...
PHL economy now seen to grow by 8% this year
THE Philippine economy is expected to grow by 8% this year on the back of upbeat first-quarter economic expansion, Standard Chartered Bank economists said.
In...
Bill protecting financial consumers signed
PRESIDENT Rodrigo R. Duterte has signed a bill that boosts consumer protection against cyber-crime, as the Philippines accelerates the shift to a cash-lite economy.
Republic...