Cold storage joint venture hurdles competition regulator
THE Philippine Competition Commission (PCC) said it approved a joint venture of a group of cold chain storage and real estate companies with a Singapore...
When the BIR waits too long
By Edelweiss Chua
Tax assessments can be a significant source of worry and concern for taxpayers. The process, from submitting the required documents to dealing with the...
PHL retreats four places in Human Dev’t Index ranking
THE PHILIPPINES fell four spots on the Human Development Index (HDI) rankings, coming in at 117th in the 2023 evaluation, despite posting improving scores,...
Intra-regional trade seen shielding PHL ports from worst of US tariffs
PHILIPPINE PORTS will not feel the worst of the US tariff disruptions because of healthy intra-regional trade, according to S&P Global Ratings.
“Most of the...
German medical tech firms see PHL as good fit for telehealth
THE PHILIPPINES is now on the radar of German medical technology companies as trade disruptions push them to develop untapped markets, the German Health...
Spot market price downtrend expected to continue in May
PRICES at the Wholesale Electricity Spot Market (WESM) are expected to continue falling in May due to the ample power supply, the Independent Electricity...
April rice stocks rise 45.3% month on month
THE national rice inventory rose 45.3% month on month to 2.34 million metric tons (MMT) as of April 1, the Philippine Statistics Authority (PSA)...
PHL wholesale price growth picks up
PRICE GROWTH in wholesale goods accelerated to a 15-month high in March, the Philippine Statistics Authority (PSA) said in a report.
Citing preliminary data, the...
Trump tariff impact on PHL seen mainly in weakening of investor confidence
THE TRUMP tariffs will impact the Philippines mainly via the weakening of investor confidence as potential investors weigh a retreat behind US tariff walls,...
US chip firms being pitched on expanding PHL footprint
THE Department of Trade and Industry (DTI) said it is in talks with US semiconductor multinationals to expand their presence in the Philippines.
“We spoke...
Philippine jobs ‘exposed’ to AI risks estimated at 35-37%
BETWEEN 35% and 37% of Philippine jobs are at risk of displacement to artificial intelligence (AI), the World Bank said.
“About 35% to 37% are...
Energy dep’t outlines measures to ensure reliable power for polls
THE Department of Energy (DoE) said on Monday that measures are in place to ensure stable and reliable power during the midterm elections, and...