New features added to Sakay.ph mobile application
SAKAY.PH is launching its redesigned mobile application to include the latest transportation developments and new features designed to make it easier for commuters to travel within Metro Manila.
Japan loan worth P2 billion expected soon for bridge upgrades
A P2-billion loan from Japan is set to be signed “in the coming months” to fund earthquake resilience improvements for key bridges in Metro Manila, the Department of Finance said.
Palace signs bill extending validity of 2019 budget
PRESIDENT Rodrigo R. Duterte signed into law the extension of the 2019 General Appropriations Act (GAA) until the end of next year, making up for the four-month delay in passing this year’s spending plan.
SMC to resume construction work on Skyway extension
SAN MIGUEL CORP. (SMC) said Thursday that construction of the Skyway extension at the South Luzon Expressway (SLEx) will resume today, May 15.
House to probe BPO companies for unjust treatment of workers
A LAWMAKER has filed a resolution seeking to investigate companies including those in the outsourcing sector for unfair labor practices such as cutting wages due to slow Internet connection of workers who work from home amid a coronavirus pandemic.
Peso weakens ahead of inflation report
THE PESO declined against the dollar on Tuesday as the market looked ahead to the inflation data to be released today.
Gov’t confirms 14 more coronavirus cases
THE DEPARTMENT of Health (DoH) on Monday reported 10 new cases of the novel coronavirus in the Philippines — all Filipinos aged 24 to 72 — bringing the total infections to 20.
POGO workers’ rush to register for TIN overwhelms BIR facilities
THE Bureau of Internal Revenue (BIR) said it cannot handle the current level of bulk applications for Tax Identification Numbers (TINs), with many foreign workers rushing to apply after the government required them to obtain a tax registration prior to working in the Philippines for Philippine Offshore Gaming Operators (POGOs).
CITIRA unlikely to be passed in March
THE MEASURE lowering the corporate income tax and streamlining fiscal incentives is not likely to hurdle the Senate before the March 13 adjournment, according to the Senate president, even as the Executive branch pressed the chamber for prompt action on the key tax reform.
Gov’t pays Uy’s 2GO P35M for quarantine vessels
THE government is paying Dennis A. Uy-led shipping and logistics company 2GO Group, Inc. P35 million for the use of its two vessels to quarantine arriving overseas Filipino workers (OFWs), Transportation Secretary Arthur P. Tugade said.
PBCom bags approval to issue LTNCD worth P5 billion
Philippine Bank of Communications (PBCom) received the central bank approval to issue P5 billion worth of long-term negotiable certificates of deposit (LTNCD) to strengthen...
PSEi hits 6,600 level, logs best finish since March
THE MAIN INDEX logged its best finish since March on Thursday as it extended its rally for a fourth consecutive day.