KADIWA stores to offer P20 subsidized rice for vulnerable consumers
GOVERNMENT-BACKED stores selling produce at less than market prices will carry P20-per-kilo rice starting May 2, days before the midterm elections, the Department of...
LRTA Q1 revenue P349M as rider volumes climb
THE Light Rail Transit Authority (LRTA), which operates Light Rail Transit Line 2 (LRT-2) said first-quarter revenue rose 9.1% to P349.79 million on passenger...
NCR March retail price growth lowest since 2020
RETAIL PRICE growth of general goods in the National Capital Region (NCR) eased to a 58-month low in March, the Philippine Statistics Authority (PSA)...
FDI slowdown seen for Asia as tariffs roil trade
ASIA is expected to experience a slowdown in foreign direct investment (FDI) as trade shifts in response to US tariff policy, ANZ Research said.
“The...
BPOs to set up council to establish quality norms
THE IT & Business Process Association of the Philippines (IBPAP) said it will organize a quality council next month to set performance standards for...
Gov’t procurement portal handles P80 million in Q1 orders, DBM says
THE e-marketplace for government procurement booked P80 million worth of transactions in the first quarter, the Department of Budget and Management (DBM) said.
DBM Procurement...
Ocean economy seen needing stronger environmental protections
THE GOVERNMENT needs to strengthen its environmental laws and turn to nature-based solutions if it wants to harness the potential of its blue economy,...
Transfer pricing reminders post ITR filing
By Christian Derick D. Villafranca
Kudos to all taxpayers and their finance teams who successfully finalized and filed their income tax returns (ITRs) on time! To all accountants, you...
P20 rice dismissed as political stunt
THE government’s plan to trial the sale of subsidized P20-per-kilo rice in the Visayas is unsustainable and likely designed to woo voters, a think tank said.
US, UK chambers urge candidates to back investment-friendly reforms
ASPIRING LEGISLATORS need to push for even more reform measures to liberalize the economy and enhance the ease of doing business, two foreign business...
Ground broken on 38.81-MW Capas solar power plant
SINDICATUM C-Solar Power, Inc. (SCSPI) has started the construction of a $33-million solar photovoltaic power plant in Capas, Tarlac, the Bases Conversion and Development...
Collectibles maker Pop Mart considering PHL food venture
POP MART International Group, a Chinese maker of toy collectibles, said it is interested in starting a food business in the Philippines alongside permanent...