PSEi ends flat amid hopes for Mideast peace talks
PHILIPPINE STOCKS ended flat on Thursday as the market stayed on the sidelines while awaiting developments in the Middle East conflict.
The Philippine Stock Exchange...
Marcos to roll out nationwide program on subsidized rice amid inflation risks
PRESIDENT Ferdinand R. Marcos, Jr. said his administration plans to expand a subsidized rice distribution program nationwide, positioning it as a buffer against rising...
Jobs, wage hikes are top concerns among Pinoys
RISING oil prices driven by the Iran conflict are reshaping public priorities, with most adult Filipinos now calling for job creation and wage increases...
Bill cutting VAT to 10% amid oil-driven price surge filed
SENATOR Paolo Benigno A. Aquino IV has filed a bill seeking to cut the value-added tax (VAT) to 10% from 12% to ease the...
Davao opposition to US oil depot ‘misplaced’
DAVAO CITY’S opposition to a proposed US military fuel facility in the city is “misplaced,” an analyst said, arguing that decisions involving national security...
Luzon grid sees first yellow alert
THE Luzon grid has recorded its first yellow alert this year following the outage of a major gas-fired power plant and some hydropower plants,...
Sugar over-importation probe urged
A SENATOR on Thursday filed a resolution seeking to investigate alleged mismanagement in sugar regulation resulting in its over-importation.
In Senate Resolution No. 369, Senator...
Ride-hailing platforms defend fees
MAJOR ride-hailing and delivery platforms operating in the Philippines defended their current commission rates and driver incentive programs before the House of Representatives, following...
BoC to hasten valuation requests
THE Bureau of Customs (BoC) has committed to faster processing of import assessment service (IAS) valuation requests to enhance trade facilitation.
In a statement on...
BSP shortens onsite work hours
THE Bangko Sentral ng Pilipinas (BSP) has adjusted the onsite operating hours for select offices in support of the government’s push to reduce energy...
BCDA signs lease deal for new café in Camp John Hay
STATE-RUN Bases Conversion and Development Authority (BCDA) has signed a 15-year lease deal with Sophia Real Estate Executives and Development Corp. to build a...
Meralco sues individuals over illegal electric meter removal
POWER distributor Manila Electric Co. (Meralco) on Thursday said it has filed a criminal complaint against individuals involved in the unauthorized removal of an...