NEDA: Legislated wages could hurt small firms, stoke inflation
PROPOSALS to legislate wage increases could stoke inflation and hurt small companies, the National Economic and Development Authority (NEDA) said on Thursday.
“We are trying...
Farm goods, e-motorcycles, hybrids subject to tariff review
THE GOVERNMENT is reviewing the tariff regime for farm commodities, and studying whether to extend an offering of incentives to importers of electric motorcycles...
DTI asks manufacturers, retailers to accept ‘voluntary’ prize freeze
LEADING manufacturers and retailers have been pitched on adopting a “voluntary” price freeze, with the Department of Trade and Industry (DTI) calling on them...
Philippines says China wields audio recording to sow domestic division
THE PHILIPPINES said on Thursday that China’s threat to release recording of an alleged deal with Manila over Second Thomas Shoal is aimed at sowing discord among its agencies and the Filipino nation.
CIC files raps against PEATC interim chief
CAVITEX Infrastructure Corp. (CIC) filed charges against the interim chief of the Public Estates Authority Tollways Corporation (PEATC) before the Ombudsman, citing offenses such...
Local advertisers wary of impact of economic ‘Cha-cha’ on industry
PHILIPPINE advertising agencies and groups said on Thursday that the attempt to fully liberalize their sector through Charter change (“Cha-cha”) and open it to...
Disappointing GDP data drag PSEi to 6,500 level
PHILIPPINE SHARES plunged to the 6,500 level on Thursday as the country’s economic growth for the first quarter came below expectations.
The bellwether Philippine Stock...
Meralco, NLEX kick off PBA Philippine Cup quarterfinals
THEY fought very hard amid a challenging elimination round to get to the PBA Philippine Cup quarterfinals.
Ateneo scoops blue-chip recruits in Femi Edu and Eaglet Kristian Porter
ATENEO de Manila University got off to a running start in plotting its redemption tour next UAAP season, scooping up blue-chip recruits in Femi...
FilAm Sports athletes eye Paris slots in National Open
VICTORIA BOSSONG sang the National Anthem with aplomb along with a group of Fil-heritage athletes competing in the ICTSI Philippine Athletics Championships and eyeing...
US warns Israel that Rafah invasion will jeopardize its weapons supply
WASHINGTON/CAIRO/RAFAH, Gaza Strip — US President Joseph R. Biden vowed publicly for the first time to withhold weapons from Israel if its forces make...
Thailand to recriminalize cannabis as PM vows to get tough on drugs
BANGKOK — Thailand will re-list cannabis as a narcotic by year-end, its prime minister (PM) said on Tuesday, in a stunning U-turn just two...