DoF backs private sector perks to attract more BIR personnel
THE Department of Finance (DoF) said that improvements in non-salary incentives should also be looked into to make government service more attractive, with the...
URC Q2 profit falls amid challenges in PHL, Vietnam
UNIVERSAL ROBINA Corp. (URC) on Monday reported a 23% drop in net income attributable to the parent in the second quarter, amid continued challenges...
Metrobank earnings climb in 2nd quarter
By Melissa Luz T. Lopez,Senior Reporter
METROPOLITAN BANK & Trust Co. (Metrobank) saw its net income climb during the second quarter, driven by double-digit increases in both commercial and retail...
Online hiring rises 6% in June
ONLINE HIRING increased by 6% year on year in June, with the business process outsourcing (BPO) sector posting the steepest growth at 18%, according...
1st half GOCC dividends fall 32% on absence of one-off items
DIVIDENDS remitted to the national government from state-run firms fell in the first half due to the base effects of one-off payments made a...
10 million still jobless but optimism ‘very high’
By Ian Nicolas P. Cigaral
Reporter
THE RANKS of jobless Filipinos steadied around the 10 million mark in the second quarter from the preceding three months...
Duterte signs law for free tuition in state colleges
PRESIDENT Rodrigo R. Duterte on Friday signed a new law that grants free tuition in all state universities and colleges (SUCs), despite the warnings...
DBS: Peso to stay weak till 2018’s first half
A SUSTAINED DEFICIT in the country’s current account will put further pressure on the peso, analysts at a global bank said, noting that the...
Competition body begins review of Mighty deal
THE PHILIPPINE Competition Commission (PCC) yesterday said it has started its review of Japan Tobacco International’s deal to acquire the assets of cigarette maker...
Private equity funds offer to acquire a third of EDC
By Krista Angela M. Montealegre
National Correspondent
A CONSORTIUM of private equity funds is offering to acquire nearly a third of Energy Development Corp. (EDC) that...
US officials looking to ‘restore’ friendship bonds with PHL gov’t
By Jil Danielle M. Caro
UNITED STATES officials are looking to smoothen ties with the administration of President Rodrigo R. Duterte as they visit Manila...
Meralco Q2 profit declines on lower contribution from units
By Krista A. M. Montealegre,National Correspondent
EARNINGS of Manila Electric Co. (Meralco), the country’s largest power retailer, slid in the second quarter dragged by the lower contributions of its subsidiaries...