THE AVERAGE price of regular-milled rice fell in seven areas subject to price monitoring during the first week of May, according to the Philippine Statistics Authority (PSA). 

THE RECOVERY is expected to be U-shaped, with output returning to pre-crisis levels in two years, with household spending remaining subdued and the coronavirus outbreak still uncontained, Sun Life Asset Management Co., Inc. said.

SENATOR Ralph G. Recto has endorsed for plenary debate Senate Bill No. 2239 or the Vaporized Nicotine Products Regulation Act.

If there’s any good this pandemic has brought to our country, and to the business community in particular, I think one of them would be the passage of the Corporate Recovery and Tax Incentives  for Enterprises (CREATE) Act.

THE Department of Information and Communications Technology (DICT) said Congress needs to legislate a spectrum user fee (SUF) to ensure the sustainability of telecommunications industry development and improve access to the internet.

EMERGING MARKETS including the Philippines are expected to be “quite resilient” in the event interest rates rise, with many countries weighting their government debt in favor of local-currency issues, according to S&P Global Ratings.

THE Business Process Outsourcing (BPO) industry has signed an agreement with Quezon City to speed up the vaccination of 67,000 outsourcing workers based there.

THE HOUSE of Representatives has approved on third and final reading a bill that proposes to regulate e-cigarettes and heated tobacco products, in the face of opposition from some legislators over the deletion of health safeguards.

THE proposed extension for availing of the estate tax amnesty will head to Malacañang directly without the need to go through the bicameral conference committee stage after the House of Representatives moved to adopt the Senate’s version of the measure.

THE DEPARTMENT of Environment and Natural Resources (DENR), via its Laguna Lake Development Authority (LLDA) unit, has issued cease and desist orders to the Department of Public Works and Highways (DPWH), the Cultural Center of the Philippines (CCP) and the Philippine Navy for releasing wastewater into Manila Bay.

SENATOR Risa N. Hontiveros-Baraquel said Tuesday that easing the curbs on foreign investment in the Public Service Act will allow full foreign ownership in some public utilities and raised the prospect of Chinese control of strategic companies.

THE Philippine special envoy to the US is planning a public-private initiative to invite US companies to relocate to the Philippines from China.