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ACEN issues corporate guarantee on subsidiary’s loans

ACEN Corp., the listed energy platform of the Ayala Group, has issued corporate guarantee in support of loans amounting to $320 million of subsidiary ACEN Cayman......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Business luminaries to weigh in on Cha-cha

It will be the turn of business and corporate executives to share their thoughts on moves in Congress to amend the 1987 Constitution, at the next Senate subcommittee public hearing on the proposal on Monday......»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2024

Thailand joins ASEAN agriculture-MSME development plan

The ASEAN Business Advisory Council Thailand has become the latest to sign to the region-wide private sector-led agriculture-MSME Development plan initiated in the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

The Art of Time Management for Small Business Owners

Time is a small business owner’s most valuable resource as for many, time is their best capital. With countless tasks to juggle and limited hours in the day, mastering the art of time management is essential for maximizing productivity and achieving business success. So how can small business owners effectively prioritize their time and tasks […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 28th, 2024

Biz Bureau surpasses 43-K permit renewals

The Davao City Business Bureau has achieved a significant milestone by processing over 43,000 business permit renewals as of January 29, 2024, surpassing last year's numbers. Maribel Paguican, the Head of the Business Bureau, revealed this accomplishment in a radio interview on January 30, 2024. She highlighted the bureau's performance, stating that they had already exceeded the previous year's figures by 270 renewals. Despite the positive outcome, Paguican acknowledged that they are still short of reaching the 46,000 permits issued the previous year. With approximately 2,890 renewals remaining, including 291 applicants considering retirement, the bureau anticipates around 2,599 renewal applicants. Paguican emphasized the upcoming retirement deadline on January 31, urging business owners to comply to avoid penalties ranging from P1,000 to P5,000. She also advised on the required documentation for retirement, emphasizing the importance of submitting the necessary paperwork to facilitate the process......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Al-ag proposes to repeal ordinance requiring delivery riders biz permits

Davao City Councilor Bernie Al-ag has proposed the repeal of an ordinance that requires delivery riders to obtain business permits. The ordinance in question, City Ordinance 0612-21 series of 2021, classified delivery riders as independent service contractors, mandating them to apply for business permits. However, a joint memorandum circular issued by various government agencies exempts individuals providing personal services, including delivery riders, from securing business permits. Al-ag emphasized that the city government must adhere to the guidelines set forth in the memorandum. While the proposed repeal is pending, Al-ag advised delivery riders to comply with the existing ordinance. He expressed confidence in the passage of the repeal, citing the solid basis provided by the joint memorandum. Despite a group of delivery riders seeking an audience with Davao City Mayor Sebastian Duterte on the matter, Al-ag's proposal was drafted in response to a separate petition. He clarified that the repeal is not about monetary collection but aligning with national law, which exempts delivery riders from obtaining business permits. Al-ag remains optimistic about the repeal's approval, pointing to the support provided by the joint memorandum as a strong foundation for his proposal......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Navigating brand activism

The Philippines is experiencing a notable shift in corporate practice and behavior, reflecting a broader, global movement toward brands that are not just about profits but are deeply engaged in societal, environmental, and political dialogue. This change stems from a growing desire and demand among consumers for companies to contribute more meaningfully to societal welfare, pushing the boundaries of traditional business roles......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

Palarong Pambansa 2024 earns support from Mandaue, Cebu business leaders

CEBU CITY, Philippines– The Cebu Chamber of Commerce & Industry (CCCI) and the Mandaue Chamber of Commerce & Industry (MCCI) will give out their full support to the organizers of the upcoming Palarong Pambansa 2024 scheduled in July. In a meeting last March 18 at the board room of the Aboitiz Corporate Center, CCCI President.....»»

Category: newsSource:  inquirerRelated NewsMar 20th, 2024

‘No tax breaks for eco-zone work-from-home firms’

Work-from-home setups of business enterprises in economic zones should no longer get tax incentives under the Corporate Recovery and Tax Incentives for Enterprises Act as the public health emergency status for COVID-19 has already been lifted, Justice Secretary Jesus Crispin Remulla clarified in a legal opinion......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

Consunji Group maps out recovery plan for Cemex

The Consunji Group has mapped out a strategic plan to revitalize listed cement maker Cemex Holdings Philippines......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

President Marcos OKs DepEd’s basic education plan, other measures

The National Economic and Development Authority (NEDA) Board, chaired by President Marcos, approved on Thursday three priority projects, including a medium-term basic education plan and a higher project cost for a world-class cancer center of the University of the Philippines-Philippine General Hospital (UP-PGH)......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2024

Marcos issues EO adopting 5-year national cybersecurity plan

To strengthen the security and resilience of the country’s cyberspace, President Marcos has issued an order adopting the five-year National Cybersecurity Plan of the Department of Information and Communications Technology......»»

Category: sportsSource:  abscbnRelated NewsApr 6th, 2024

Marcos issues EO adopting 5-year national cybersecurity plan

To strengthen the security and resilience of the country’s cyberspace, President Marcos has issued an order adopting the five-year National Cybersecurity Plan of the Department of Information and Communications Technology......»»

Category: sportsSource:  abscbnRelated NewsApr 6th, 2024

Budget-friendly travel hacks: How Filipinos can plan a memorable vacation on a budget

Budget-friendly travel hacks: How Filipinos can plan a memorable vacation on a budget.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Netizens turn to dry humor as they give their take on CSBT transfer plan

CEBU CITY, Philippines — Cebuano netizens resorted to dry humor as they give their take on social media about the plan of the Cebu Provincial government to move the Cebu South Bus Terminal (CSBT) from Cebu City to the neighboring Talisay City in the south of Cebu. The CSBT is currently situated along Natalio Bacalso.....»»

Category: newsSource:  inquirerRelated NewsMar 29th, 2024

Job generation master plan out in Q4 – NEDA

The National Economic and Development Authority is looking to complete the country’s employment generation master plan in the fourth quarter of the year......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Yeezy shoe sales lead Adidas to plan to donate $150 million to anti-hate groups

Yeezy shoe sales lead Adidas to plan to donate $150 million to anti-hate groups.....»»

Category: newsSource:  sunstarRelated NewsMar 14th, 2024

Mandaue City councilor questions plan to purchase P4M van

MANDAUE CITY, Philippines — A Mandaue City councilor has questioned the plan to purchase a P4 million coaster van for the Mandaue Investment Promotions Tourism Action Center (MIPTAC). On Monday, March 11, 2024, the councilors passed on second reading a proposed ordinance authorizing Mayor Jonas Cortes to purchase one unit of a 29-seater coaster amounting.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

NegOcc LGUs to form technical working groups for water security plan

NegOcc LGUs to form technical working groups for water security plan.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

Businessmen pushing for holistic traffic management plan

Businesses is urging the Department of Transportation (DOTr) to implement a holistic traffic management plan to provide soonest relief to commuters and motorists......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024