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PLDT, Smart named among world’s leading employers
PLDT Inc. and its wireless unit Smart Communications Inc. have been named among the Top One Percent of Leading Employers of 2023 by German firm Institute of Research and Data Aggregation......»»
Jollibee invests $28 million in beverage tech firm
Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»
Trending tickers: Trump Media, Tesla, Bitcoin and DS Smith
Former US president Donald Trump’s media firm, Trump Media & Technology Group, had a successful stock market debut in New York, with shares soaring past.....»»
Fully independent PHI-NADO pushed
With the WADA compliance issue settled and cleared, the Philippine Sports Commission and the Philippine National Anti-Doping Organization are moving forward and making sure that all bases are covered from hereon......»»
Revolutionizing women’s healthcare
As Women’s Month continues to shine a spotlight on remarkable women making significant contributions, one name stands out: Dr. Jaycy Violago-Olivarez......»»
Schneider Electric switching to solar power
French energy management and automation firm Schneider Electric is transitioning its operations in the Philippines to clean energy with the installation of solar panels in its manufacturing plant in Rosario, Cavite......»»
Training on COA compliance for government institutions
To guide government institutions on their compliance with the Commission on Audit Circular 2020-006, the Center for Global Best Practices will be launching a two-session online training titled “COA Guidelines and Procedures for One-Time Cleansing of Property, Plant and Equipment Account Balances” on April 18 and 19, 2024 from 1:30 to 4:45 p.m. via Zoom......»»
PSALM expects P100 billion from CBK privatization
The Power Sector Assets and Liabilities Management Corp. (PSALM) is expected to generate as much as P100 billon from the privatization of the 796.46-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Laguna, bolstering the cash position of the cash-strapped state firm......»»
‘Quiboloy warrant stands despite SMNI franchise revocation’
Despite the revocation of the franchise of Sonshine Media Network International (SMNI), the arrest warrant issued against pastor Apollo Quiboloy by the House of Representatives committee on legislative franchises still stands......»»
First Gen income up 4 percent to P15.4 billion in 2023
Lopez-led power firm First Gen Corp. grew its income by four percent to P15.4 billion in 2023, from the previous year’s profit of P14.3 billion, mainly due to contributions from its geothermal subsidiary Energy Development Corp......»»
‘Not war with China; don’t rely only on US’ – Marcos Jr.
In an interview on Bloomberg TV last Wednesday, as reported in another national daily, he made two related comments that could represent important government policy stands. First, regarding China’s increasing aggressive moves against Philippine vessels in the West Philippine Sea; second, about the United States’ repeated assurance of its “iron-clad” defense commitment under the 1951 Mutual Defense Treaty. The post ‘Not war with China; don’t rely only on US’ – Marcos Jr. appeared first on Bulatlat......»»
Royalty on mining operations outside reservations pushed
The Mines and Geosciences Bureau (MGB) said that mining operations outside mineral reservations must pay a royalty as part of the government’s rationalization of the country’s mining fiscal regime......»»
Bank loans used as RRR compliance hit P6.4 billion
Mid-sized and small banks have extended around P6.4 billion loans to micro, small and medium enterprises (MSMEs) as well as large companies, and booked these loans in compliance with their reserve requirement ratios, according to the Bangko Sentral ng Pilipinas......»»
CLI allots higher capex, partners with Japan firm
Cebu Landmasters Inc. is hiking its capital spending to P14.5 billion this year as it gears up for growth and expansion following a strong financial performance in 2023......»»
Manager admits no environmental clearance for Chocolate Hills resort; to close temporarily
The manager of the viral resort situated in the heart of Bohol's Chocolate Hills admitted an Environmental Compliance Certificate was not obtained for the resort's construction, but claimed it did not damage the famous landmark......»»
TIN registration at your fingertips
Our government agencies are trying to keep pace with rapid technology advancements through the digitalization of some of their operations to streamline administrative processes, improve compliance and provide better services......»»
DOLE-Davao vows to strictly monitor compliance of employers with new wage order
DAVAO CITY (MindaNews / 11 March) – The Department of Labor and Employment (DOLE) – Davao Region vowed Monday to strictly monitor the enforcement of the daily wage increase in the area, warning non-compliant employers they could be meted hefty penalties with possible imprisonment. DOLE-Davao director Atty. Randolf C. Pensoy told the Kapehan sa Dabaw that the Regional […].....»»
SEC moves to help Philippines exit from FATF gray list
The Securities and Exchange Commission (SEC) plans to further raise the compliance rate among corporations for reporting beneficial ownership, a move that will support the country’s bid to exit the global ‘dirty money’ gray list this year......»»
ACEN secures certification for WESM trading standards
ACEN, the Ayala Group’s listed energy platform, has received full compliance certification from Australian advisory firm Intelligent Energy System – the first among Philippine firms – for its adherence to the standards of the Wholesale Electricity Spot Market......»»