PSA sees ‘low likelihood’ of hitting growth goal by 2028
THE PHILIPPINES has a “low likelihood” of hitting its 6-7% gross domestic product (GDP) growth target by 2028 under the Philippine Development Plan (PDP), according...
Author : Michael H. Henry
Global minimum tax may blunt Philippine tax incentives for multinationals
By Justine Irish D. Tabile, Senior Reporter TAX PERKS granted to large multinational enterprises could become less attractive if the Philippines implements the proposed Qualified...
First Gen receives $5-billion takeover proposal for EDC
By Sheldeen Joy Talavera, Reporter LOPEZ-LED First Gen Corp. has received an unsolicited, non-binding offer worth $5 billion (about P308 billion) from Indonesia’s PT Barito...
Shares breach 6,300 as buying interest returns
PHILIPPINE SHARES rebounded on Wednesday, pushing the main index to the 6,300 level, as investor sentiment improved following positive cues from overseas markets, with buying...
LRTA revenue falls in first half after fare discounts
THE Light Rail Transit Authority (LRTA), operator of LRT-2, said revenue in the first six months fell 24.84% to P481.90 million, reflecting the impact of...
Nickel industry calls for regional role in ensuring supply chain resiliency
THE Philippine Nickel Industry Association (PNIA) said potential Indonesian supply disruptions are reinforcing the need for a more diversified and resilient global critical minerals supply...
NFA opens P355-million grains hub in Iloilo
THE National Food Authority (NFA) said it inaugurated a modern post-harvest facility for grains in Dumangas, Iloilo worth P355.4 million, with construction of similar facilities...
Transmission rates rise slightly as power reserve costs increase
ELECTRICITY CONSUMERS can expect a slight increase in transmission rates, reflecting the rise in the cost of reserve power, according to the National Grid Corp....
1Life, Singapore Diagnostics expand free lab testing for PhilHealth members
Healthtech social enterprise 1Life, Inc. has partnered with Singapore Diagnostics (SGD) to provide free laboratory tests to PhilHealth members enrolled in the Yaman ng Kalusugan...
PHL leads SEA in Gemini customer support use; only market with majority female users
The Philippines uses Google’s Gemini for customer support activities at nearly three times the Southeast Asian regional average, while also standing out as the only...