Jordan Clarkson finds fit with Jazz in decision to stay
FILIPINO-AMERICAN National Basketball Association (NBA) player Jordan Clarkson could have chosen to play for a big-market team after last season, but decided to stay with the Utah Jazz as he saw a fit with the Salt Lake City-based squad.
Bicameral panel approves FIST bill
THE MEASURE allowing financial institutions to offload bad loans to asset management companies had hurdled the Bicameral Conference Committee, a key legislator said.
CREATE to cost P250B in foregone revenues
THE CORPORATE Recovery and Tax Incentives for Enterprises Act (CREATE), once enacted into law, will cost the government as much as P250 billion in foregone revenues in the next two years, after the corporate income tax cut was accelerated for local small businesses.
San Miguel tops list of PHL corporations by revenue
A PRELIMINARY RANKING of the Philippines’ Top 200 corporations showed an aggregate gross revenue of P11.25 trillion in 2019 on a consolidated basis, with conglomerate San Miguel Corp. (SMC) topping the list.
Travel, trade sectors to benefit from digitalization
THE COUNTRY’S travel and trade sectors could benefit from fully digitizing processes in response to the coronavirus pandemic, Perlin.net Chief Executive Officer Dorjee Sun said.
Smart to upgrade 40% of sites to 5G by end of next year
SMART COMMUNICATIONS, Inc., the wireless arm of PLDT, Inc. plans to upgrade 40% of its sites to fifth generation (5G) by the end of 2021.
Cold storage facilities to be built in Pampanga, Batangas, Davao
FOUR COLD storage warehouses worth P280 million are set to be established in three provinces, according to the Department of Agriculture (DA).
Reservation sales at DMCI Homes’ Pasig project reach P12.6 billion
RESERVATION SALES at DMCI Project Developers, Inc.’s (DMCI Homes) Pasig project Prisma Residences has reached P12.6 billion, selling close to its total inventory.
Looking beyond the pandemic: Invest in a suit
WE have all been in little more than the simplest of clothing over the nine months we have spent indoors because of the COVID-19 pandemic. In anticipation of better days (since news of several workable vaccines has come out), a brand proposes investing in a suit now.
Farmgate price of palay rises 1.6% in late Nov.
THE AVERAGE farmgate price of palay, or unmilled rice, rose 1.6% week on week to P15.63 per kilogram in the third week of November, with the price down 0.4% year on year, the Philippine Statistics Authority (PSA) said.
T-bill rates to move sideways on ample demand
YIELDS ON Treasury bills (T-bills) to be auctioned off on Monday are expected to move sideways despite the faster-than-expected inflation in November as investors still prefer to park their excess funds on these short-term and safe-haven assets.
Tourism on two wheels with ‘Motourismo’
By Angel Rivero
IT APPEARS THAT, following the slow and safe reopening of several provinces to visitors in an effort to reinvigorate their local economies, over-land travel has indeed become the mode of choice among many Filipinos. Going on road trips in private vehicles has allowed people to feel safer and more in control of the environment they’re in, and has thus opened the doors for tourists to trickle into several holiday destinations in the country.




