TWG to make recommendations for localized ‘Doing Business’ report

By Jenina P. Ibañez, Reporter  A TECHNICAL working group led by the Anti-Red Tape Authority (ARTA) will make recommendations on a localized Ease of Doing...

Senate ratifies bicam on retail trade

THE SENATE on Monday ratified the Bicameral Conference Committee report on a measure that seeks to lower the minimum investment hurdle for foreign retailers to P25 million. 

Duterte OK’s pilot test of in-person classes

PHILIPPINE President Rodrigo R. Duterte has approved a pilot test of limited in-person classes in areas with a low number of coronavirus disease 2019 (COVID-19) cases.

PHL restaurants pin recovery hopes on ‘revenge dining’

THE RESTAURANT industry is anticipating some recovery next year modeled after the resurgence seen in major global cities like New York and Hong Kong that reopened their economies, the Restaurant Owners of the Philippines (Resto PH) head said.

Excise tax collections from cigarettes reach P83 billion

EXCISE TAX collections from cigarettes jumped by 31% to P83 billion in the first seven months, with more than half coming from Philip Morris Fortune Tobacco Co., Inc. (PMFTC), the Department of Finance (DoF) said on Monday.

Poll: BSP to keep rates untouched

THE BANGKO SENTRAL ng Pilipinas (BSP) is likely to keep its key interest rate steady as the economy gradually reopens despite a continued surge in coronavirus disease 2019 (COVID-19) infections.

Estranged Duterte allies start political pacts for 2022 elections

PHILIPPINE President Rodrigo R. Duterte’s political allies — at least those who are running for the country’s top two positions next year — have started to distance themselves from him and what he stands for.

DoTr seeks exemption from public works ban

THE DEPARTMENT of Transportation (DoTr) is asking the Commission on Elections (Comelec) to exempt its infrastructure projects, including the long-awaited Mindanao railway, from the public works ban ahead of the election season.

BSP lowers balance of payments projections

The Bangko Sentral ng Pilipinas (BSP) lowered the country’s balance of payments (BoP) surplus projection for this year, reflecting the lower current account surplus and the risks...

SEC wants over 800 companies listed at the stock exchange by 2024

The Securities and Exchange Commission (SEC) is encouraging more companies to tap the capital markets, in hopes that there would be over 800 companies listed at...