Transport dep’t to submit NAIA rehab proposal this week for NEDA approval
THE Department of Transportation (DoTr) plans to submit to the National Economic and Development Authority (NEDA) in the next few days the unsolicited proposal of the “super consortium” to rehabilitate the Ninoy Aquino International Airport (NAIA), months after the group bagged original proponent status (OPS).
Sasa Port dev’t back on PPP menu
By Carmencita A. Carillo
Correspondent
DAVAO CITY -- The Sasa Port Modernization Project, which was pulled out of the public-private partnership (PPP) program in late 2016...
Business sentiment stays upbeat, BSP survey says
By Katherine K. Chan, Reporter
BUSINESSES remained optimistic in January as they expect higher consumer demand and better processes, with their outlooks for the quarter...
Supreme Court says senior citizens’ discount covers interment service
SENIOR CITIZENS are entitled to a 20% discount on interment services, which are covered by the funeral and burial expenses provided for under the...
Small businesses required to file withholding tax forms online
THE Bureau of Internal Revenue (BIR) is requiring even small businesses to file their withholding tax certificates online amid ongoing lockdown restrictions due to the coronavirus pandemic.
ADB eyes additional funding for major PHL infrastructure projects
MILAN, Italy — The Asian Development Bank (ADB) is eyeing to extend about $4 billion in financing for the Philippines this year, which will fund key infrastructure projects like the Bataan-Cavite Interlink Bridge and Laguna Lakeshore project.
Philippine healthcare among most vulnerable to attacks — Kaspersky
THE PHILIPPINES’ healthcare industry is among the most vulnerable to cyberattacks in Southeast Asia, according to Kaspersky.
‘Compelled by circumstances’: Some banks forecast 75-bp Fed hike
SINGAPORE — Investment banks have ramped up projections for US interest rate rises following a hotter-than-expected inflation reading, with several now forecasting a 75-basis-point (bp) hike this week.
BoI-approved pledges rise to P122B
INVESTMENT PLEDGES approved by the Board of Investments (BoI) surged by 156% in the first two months, despite a drop in commitments from foreign investors as the pandemic continued.
Panel OK’s bill lowering tax on stock transactions
THE HOUSE Committee on Ways and Means on Tuesday approved a bill that seeks to deepen Philippine capital markets by lowering the tax on stock transactions.
Number of OFWs fell nearly a fifth to 1.8M in 2020
THE NUMBER of registered overseas Filipino workers (OFW) declined by nearly a fifth year on year in 2020 amid the coronavirus disease 2019 (COVID-19) pandemic, data from the Philippine Statistics Authority (PSA) showed.
Pope Francis has died, Vatican says
VATICAN CITY — Pope Francis, the first Latin American leader of the Roman Catholic Church, has died, the Vatican said in a video statement...