RESEARCHERS have claimed that a Philippine seaweed has some of the properties of the Japanese fucoidan, used to treat cancer and inflammation, and could serve as a substitute for the more expensive Japanese variant.

NESTLÉ Philippines is seeking clarity on the Quezon City ordinance banning the sale of junk food and sugary drinks near schools, as more local government units are planning to follow the city’s example.

PHILIPPINE Amusement and Gaming Corp. (PAGCOR) said it is requesting that casinos be allowed to reopen, citing the funds that will not go to various government social programs should the company remain unable to generate gaming revenue.

THE HOUSE WAYS and Means Committee on Wednesday approved the bill simplifying the tax regime for financial investors, which forms part of the government’s comprehensive tax reform program (CTRP).

THE House of Representatives approved on second reading Monday the consolidated bill increasing the salaries of government employees next year.

THE original proponent of a project that targets to deliver 500 million liters per day (MLD) said the recently signed memorandum of understanding (MoU) with Ayala-controlled Manila Water Co., Inc. is the initial step that could resolve legal hurdles blocking the development of the Wawa Dam as a water source.

THE GOVERNMENT now expects to complete nearly half of its 75 flagship infrastructure projects by the time President Rodrigo R. Duterte ends his six-year term due to efforts to address bottlenecks in approval, funding and implementation, the National Economic and Development Authority (NEDA) said in a briefing on Wednesday.

DAVAO CITY -- Mindanao’s business leaders are hoping for more clarity on the southern island’s new railway, which is expected to begin construction later this year.

THE Philippine economy unexpectedly shrank in the first quarter, as strict lockdown measures aimed at containing the coronavirus outbreak brought economic activity to a near standstill, the Philippine Statistics Authority (PSA) reported on Thursday.

PRESIDENT Rodrigo R. Duterte signed into law two measures -- the Philippine Innovation Act and the Community-Based Monitoring System Act.

THE Department of Energy (DoE) hopes to hold the Philippines’ first renewable energy auction next year once the volume which all power utilities intend to procure is determined.

MALAYSIA and Singapore consider the Philippine excise tax on sugar-sweetened beverages (SSBs) a “successful fiscal policy intervention,” the Department of Finance (DoF) said.