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Gov’t readies new discount guidelines for seniors, PWDs
The national government is crafting new guidelines to expand the monthly discount cap on grocery items and prime commodities for senior citizens and persons with disabilities (PWDs). Cherryl Carbonell, officer in charge of the Department of Trade and Industry’s (DTI) Consumer Policy and Advocacy Bureau, said on Saturday what they have now was an initial.....»»
World Bank pushes new agri insurance products
The Philippines needs to come up with new and better agricultural insurance products to help farmers cope with natural disasters, according to the World Bank......»»
PPA readies P1.5 billion for Leyte, Bohol port projects
The Philippine Ports Authoritywill spend more than P1.5 billion to construct a new port in Leyte and expand an existing one in Bohol to boost trade activities in Visayas......»»
PSE stays hopeful on targets despite market slowdown
The Philippine Stock Exchange Inc. (PSE) remains optimistic on its target amount of capital to be raised in the bourse this year as well as the number of initial public offerings (IPO) despite recent market slowdown......»»
PSE hopeful on talks for merger with PDS
The Philippine Stock Exchange Inc. (PSE) is aiming to wrap up negotiations with shareholders of the Philippine Dealing System Holdings Corp. (PDS Group) within the first half of the year, paving the way for the long-awaited integration of the local bourse with the fixed income exchange to finally happen this 2024......»»
Geopolitics, rate cut delays could spoil IPO rebound in 2024
Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»
Stocks rebound as Wall Street bounces back
Local stocks bounced back yesterday to close the week on a positive note as the local bourse mirrored gains in the US market......»»
SEC moves to liberalize stockbrokers’ commissions
The Securities and Exchange Commission (SEC) is moving to liberalize retail stock market trading to prop up volume in the local bourse......»»
PSE readies delisting of Abra Mining
he Philippine Stock Exchange Inc. will initiate delisting proceedings against Abra Mining and Industrial Corp. after the Securities and Exchange Commission found that the company and some of its officials had illegally sold unissued and unlisted shares over a five-year period......»»
PT& T readies return to stock market
Connectivity provider Philippine Telegraph and Telephone (PT&T) Corp. is securing regulatory approval to lift its two-decade suspension and finally resume trading at the Philippine Stock Exchange......»»
DoubleDragon unit Hotel101 Global readies US listing
Hotel101 Global Pte. Ltd., the Singapore-headquartered subsidiary of DoubleDragon Corp., has firmed up its planned listing in the United States through a merger with a special purpose acquisition company JVSPAC Acquisition Corp......»»
BPI readies issuance of dollar bonds
The Bank of the Philippine Islands is close to issuing its dollar-denominated bond sale, as it has started a series of fixed income investor meetings......»»
BDO readies SMC financial war chest for NAIA
The country’s largest bank is preparing the financing package that will fund the P122.3-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), with San Miguel Corp. (SMC) just weeks away from signing the concession for the project on March 18......»»
EV players push ‘green traffic’ as NEDA readies tariff review
Electric vehicle industry players and clean air advocates are calling on the National Economic and Development Authority to lead the push to accelerate efforts to promote “green traffic” through the inclusion of e-motorcycles as part of those enjoying tax exemption as the agency starts its review of an executive order that modified the tariffs on EVs......»»
PMI eyes use of Philippines tobacco in smoke-free products
Philip Morris International plans to use locally produced tobacco leaves in its smoke-free products following the inauguration of the P8.8-billion expansion of its local affiliate’s factory......»»
DA lifts ban on poultry products from Belgium, France
Agriculture Secretary Francisco Tiu Laurel Jr. has lifted the ban on the importation of poultry products from Belgium and France, saying the outbreak of avian influenza in the two countries has already been contained......»»
Vape products found with P151 million tax deficiencies
More vape products are found evading tax liabilities of around P151 million as the Bureau of Internal Revenue ramps up its enforcement activities......»»
EcoWaste Coalition: True Radiance Comes from Within, Not from Skin Lightening Products with Mercury
23 March 2024, Quezon City. The toxics watchdog group EcoWaste Coalition, which has been tracking mercury in skin-lightening cosmetics in the Philippines since 2011, reiterated its support for the global effort to put an end to the persistent production, trade, and consumption of racist beauty products with mercury content that claim to whiten the skin and deal with other.....»»
EcoWaste Coalition: True Radiance Comes from Within, Not from Skin Lightening Products with Mercury
23 March 2024, Quezon City. The toxics watchdog group EcoWaste Coalition, which has been tracking mercury in skin-lightening cosmetics in the Philippines since 2011, reiterated its support for the global effort to put an end to the persistent production, trade, and consumption of racist beauty products with mercury content that claim to whiten the skin and deal with other.....»»
Asian Study Reveals Endocrine-disrupting Chemicals Found in Personal Care Products from the Philippines
In a press briefing in time for the observance of World Consumer Rights Month, BAN Toxics, a chemical and waste management NGO, discloses the findings of recent laboratory testing indicating the presence of parabens, triclosan, and triclocarban, classified as endocrine-disrupting chemicals (EDCs), in personal care products sold in the country. The result underscores potential health risks for.....»»