BSP, SEC ink deal on PERA data sharing
THE BANGKO SENTRAL ng Pilipinas (BSP) has signed a memorandum of agreement (MoA) with the Securities and Exchange Commission (SEC) to exchange and manage...
Hendrix classic albums under spotlight in UK rights battle with Sony
LONDON — Jimi Hendrix’s classic 1960s albums are the focus of a London lawsuit over performers’ rights asserted on behalf of his British bassist...
Whose turn is it?
By Tony Samson
Queuing is expected in self-service restaurants, ATM withdrawals, and buying tickets from the box office. Exceptions allowed for jumping the queue may apply to...
BPI taps Savers Depot as agency banking partner
BANK of the Philippine Islands (BPI) has tapped retail chain Savers Depot to help expand its presence in Visayas and Mindanao via agency banking,...
Biz chambers call for power to be VAT-exempt
THE exemption of electricity from value-added tax (VAT) will help ease the burden on consumers and improve Philippine competitiveness, business groups said.
“Electricity is a...
Maharlika holds P71B in investable capital
MAHARLIKA Investment Corp. (MIC) said it holds about P71 billion in deployable capital for future investments, including potential stakes in companies preparing to go...
Deficit in agricultural trade narrows 15.1% in Oct. after rice import freeze
THE deficit in the agricultural goods trade narrowed 15.1% in October to $932.97 million, according to preliminary data from the Philippine Statistics Authority (PSA).
The...
Red onion MSRP raised to P150/kg as import costs rise
THE Department of Agriculture (DA) said it will raise the maximum suggested retail price (MSRP) for red onion to P150 per kilo from P120...
USDA cuts output forecast for PHL rice, citing typhoon damage
THE US Department of Agriculture (USDA) said it reduced its estimate for Philippine milled rice production in marketing year 2025-2026 to 12.3 million metric...
WESM rates dip in November on improved supply, lower demand
ELECTRICITY RATES on the Wholesale Electricity Spot Market (WESM) dipped in November as supply improved while demand fell, according to the Independent Electricity Market...
Angara, Aguda still in Cabinet, Palace says amid fallout from graft scandal
THE Presidential Palace on Wednesday said Education Secretary Juan Edgardo M. Angara and Information and Communications Technology Secretary Henry Rhoel R. Aguda remain part...
EDSA rehab set for 2026 as agencies finalize plan
METRO MANILA’S traffic agency on Wednesday said it would meet with National Government officials on Dec. 17 to finalize plans for the long-delayed rehabilitation...