DBCC opposes suspension of excise tax on gas, diesel
SUSPENDING EXCISE TAXES on diesel and gasoline would only provide limited relief compared to lifting levies on liquefied petroleum gas (LPG) and kerosene as the resulting decline in pump prices would be small, the Department of Finance said.
Lower demand, higher prices push LPG supply to 50 days
THE COUNTRY’S liquefied petroleum gas (LPG) supply increased to the equivalent of 50 days of inventory, driven by a seasonal decline in consumption that...
Cebu Landmasters sets up to P14-B capex for 2026
CEBU Landmasters, Inc. (CLI) said it is allocating a lower P12 billion to P14 billion in capital expenditures (capex) this year to support its...
Globe launches tender offer for $600-M perpetual securities
AYALA-LED Globe Telecom, Inc. said it has launched a tender offer for its outstanding 4.2% senior perpetual capital securities issued in 2021 as part...
Emperador secures €300-M sustainability-linked loan
EMPERADOR, INC. said on Tuesday that it secured a €300-million sustainability-linked loan to refinance debt of its wholly owned subsidiary Emperador International Ltd.
“This SLL...
A woman’s strength
WOMEN never quite fit into narrow definitions for Meneline Wong, MD, a multidisciplinary artist and obstetrician-gynecologist.
MPower to supply power to 60 Starbucks stores in Metro Manila
MPOWER, the retail electricity supplier of Manila Electric Co. (Meralco), said it will provide electricity supply to 60 Starbucks stores in Metro Manila under...
Benilde Open Design and Art merges the natural and the technological
FILLING the gallery space with an inviting area of soft seats and hammocks with a netted canopy overhead, Karl Castro’s Maytubig emerged as part...
Tanduay eyes wider global reach, product innovation
TANDUAY DISTILLERS, Inc. said it will continue to expand its presence in international markets as it builds on recent earnings growth.
“As we build on...
BTr fully awards reissued bonds
THE GOVERNMENT made a full award of the Treasury bonds (T-bonds) it offered on Tuesday as uncertainty over the Middle East conflict boosted demand...
Assessing the first half of the Marcos Jr. administration: Comparisons
By Bernardo M. Villegas
(Part 4)
To assess the quality of governance in the Philippines, it would be enlightening to study the Worldwide Governance Indicators (WGI) which provides cross...
The Samurai Detectives: Volume 2 explores money and kinship in the Edo underworld
ByHui-Ying Kerr
AT HIGH NOON on a scorching summer day, retired samurai Kohei finds the fearsome Kumagoro writhing around a field in agony. The stricken man’s...