Palay farmgate price rises 0.2%
THE average farmgate price of palay, or unmilled rice, rose 0.2% week on week to P19.16 per kilogram in the fifth week of May, with prices up 6.4% year on year, according to the Philippine Statistics Authority (PSA).
SEC flags investment schemes posing as online sellers, cryptocurrency traders
THE Securities and Exchange Commission (SEC) warned the public against unlicensed investment companies pretending to be online sellers or cryptocurrency traders.
ERC defends NGCP’s provisional 2020 revenue cap
THE Energy Regulatory Commission (ERC) is prepared to justify to Congress its decision to provisionally cap at P47.05 billion the revenue of the National Grid Corp. of the Philippines (NGCP).
Filipinos most worried about natural disasters, identity theft, study finds
NATURAL DISASTERS and identity theft were cited as the major concerns by Filipino consumers this year, a Unisys Corp. said, citing the findings of its study on security concerns.
World Bank names new PHL country director
THE World Bank Group named Ndiamé Diop as its new country director for Brunei Darussalam, Malaysia, Philippines and Thailand starting Wednesday.
Foreign-ownership issues in events organizing
By Romdell L. Pandi
There was a time when the weddings and events business in the Philippines was robust and thriving, with events-industry trade shows being staged month after month. Events organizing, catering, and other related services expanded exponentially over the last few years.
Philippine finance chief seeks to further reopen the economy
Finance Secretary Carlos G. Dominguez III seeks to further loosen movement curbs in the capital region to reignite an economy facing its deepest slump...
Online payments hit 77% of total tax collections, BIR says
AROUND 77% of all taxes collected as of mid-June were coursed through electronic payment (e-payment) channels, the Bureau of Internal Revenue (BIR) reported, after the lockdown coincided with income tax season.
SEC backs ‘social bonds’ to help fund recovery efforts
THE Securities and Exchange Commission (SEC) said it is encouraging bond issuers to tap the social bond market to help support economic recovery efforts.
Cash-strapped start-ups looking to tap large companies for investment
START-UPS struggled during the lockdown because of restrictions on movement and declining cash, and are now looking to companies to partner with and provide investment, QBO Innovation Hub President Rene S. Meily said.
Pandemic seen as opportunity for start-ups with urgently needed offerings
THE COVID-19 (coronavirus disease 2019) pandemic is an opportunity for start-ups with products that address urgent needs to bypass the usual hurdles and hit the ground running with full government support, speakers at a BusinessWorld Insights online forum said.
BGC-Ortigas link bridge 53% complete, on track for Q1 launch
THE Department of Public Works and Highways (DPWH) said Tuesday that the P1.6-billion project that will connect Bonifacio Global City (BGC) and Ortigas Center is now about 53% complete.