COLOMBO — A shortage of medicine caused by an economic crisis in Sri Lanka could soon cause deaths, doctors said, as hospitals are forced to postpone life-saving procedures for their patients because they do not have the necessary drugs.

THE BUREAU of Internal Revenue (BIR) missed its collection target by 8.9% in the first quarter, as businesses made use of tax credits for raw materials under the Tax Reform for Acceleration and Inclusion (TRAIN) law, the Department of Finance (DoF) said on Sunday.

SHIPPING COMPANIES in the Philippines are likely to raise freight fees even more to cushion the impact of rising fuel costs on their operations, analysts said.

THE CORONAVIRUS pandemic pushed individuals and organizations to reevaluate their lives, work, priorities and values. These changes are now becoming “revolutions” that can unlock new opportunities for businesses, government, institutions and the workforce.

THE Securities and Exchange Commission (SEC) has warned the public against entities that associate themselves with the corporate regulator.

TULSA, Oklahoma — Unheralded Mito Pereira became the first Chilean to lead a major, surging three shots clear at the top of the Professional Golfers’ Association (PGA) Championship third round leaderboard on Saturday, while Tiger Woods withdrew after sinking to the bottom of the table.

WHILE Ayala Avenue may just be a road to some, it serves as the main artery of the Makati Central Business District (CBD). This street, lined by some of the country’s most expensive real estate, is the headquarters of many of the companies that determine the country’s day-to-day movement; this financial district dictates how money is made and moved around the country.

CASUAL dining restaurant group Max’s Group, Inc. is betting on its “creative” strategy to manage the impact of some “serious headwinds” on its operations, but price increases will be the last thing to go, the company’s president said.

PAT Aquino has stepped down from his post as head coach of the National University (NU) Lady Bulldogs in the University Athletic Association of the Philippines (UAAP) women’s basketball tournament, ending an era of dominance and excellence highlighted by six straight titles and the longest streak in UAAP history.

FOR MITSUBISHI Motors Philippines Corp. (MMPC), the numbers do the talking. Across more than 70 countries, 430,000 units of the Xpander have been sold. Since debuting in 2018 in the Philippines, more than 60,000 garages now have a unit of the multipurpose vehicle (or MPV).

“FARRALES@BENILDE,” a physical exhibition on some of the most desired pieces in Philippine fashion by the legendary couturier Ben Farrales, opens on May 27 at the 12F Main Gallery of the Design and Arts Campus, De La Salle-College of Saint Benilde.

FOTON Motor Philippines, Inc. Is planning to expand its presence in the country with six more locations, an official of the Chinese carmaker said on Friday.