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‘Mining should be part of government priority projects’
The government should include mining in its investment priority projects and extend more fiscal incentives to further attract investments in the sector, according to the Chamber of Mines of the Philippines......»»
EDITORIAL - Proudly Phl-made
Entrepreneurs will welcome the signing of the Tatak Pinoy (Proudly Filipino) Act, which provides financing and incentives to local producers of quality goods......»»
Tatak Pinoy more than branding, Marcos says
Producers of best quality Filipino goods are entitled to greater incentives and financing perks based on a law signed yesterday by President Marcos, which aims to make Philippine-made products and services globally competitive......»»
E-vehicle group sees tariff break as ‘game changer’
The Electric Vehicle Association of the Philippines is batting for the inclusion of e-motorcycles in the grant of tax incentives under Executive Order 12 that is already due for mandatory review......»»
DOE expects approval of zero-tariff on all EVs this year
The Department of Energy (DOE) is hopeful that the incentives on the importation of electric vehicles (EVs) will be extended to two-wheeled and three-wheeled units this year to help boost EV adoption in the country......»»
BPO workers in economic zones must work on-site, says DOJ
Business process outsourcing firms (BPOs) within special economic zones that adopt work-from-home (WFH) arrangements for their employees are no longer entitled to tax incentives, according to the Department of Justice (DOJ). In a legal opinion dated Jan. 3, Justice Secretary Jesus Crispin Remulla contradicted the position taken by the Department of Trade and Industry (DTI),.....»»
Approved foreign investments into Philippines fall 63.6 pct in Q1
MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
Filinvest cleared to sell P10 billion fixed bonds
Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
5 foreigners nabbed in raid on illegal clinic
Three Vietnamese and two Chinese, all medical practitioners, were arrested during a raid on a clandestine clinic along Macapagal Boulevard in Pasay on May 13 for allegedly performing illegal surgeries and procedures, including abortion, the Bureau of Immigration said yesterday......»»
Win Metawin joins Miss Universe Philippines 2024 performers roster
Thai actor Win Metawin is the latest individual who will be performing at the Miss Universe Philippines 2024 coronation night......»»
IOB to sell 92 NPA accounts having Rs 13,472 cr loan outstanding
Indian Overseas Bank to e-auction 92 non-performing loans worth Rs 13,471.68 crore. Loans include consortium arrangements, NCLT cases, sole banking ventures. Gross NPA reduced to 3.90% by December 31, 2023......»»
Sarah Geronimo, Bamboo, Jericho Rosales headline Bicol hot air fest concert
Sarah Geronimo, Bamboo, Jericho Rosales and Ely Buendia will be performing at this weekend's Bicol Loco Hot Air Festival in Albay......»»
May kapiling ka ng iba : Daniel Padilla curses while singing for 29th birthday
Kapamilya star Daniel Padilla celebrated his 29th birthday recently and went viral anew for cursing while performing one of his song numbers. .....»»
Ladine Roxas’ love affair with music
Life for Ladine Roxas is perhaps never complete without melodies and harmonies. You see, even after she lay low in performing in music lounges in hotels, Ladine has been constantly involved in making music and discovering singing gems......»»
DepEd, DOH, DSWD top performing agencies – survey
The Department of Education received the highest satisfaction rating and remained the most trusted among government agencies included in a survey conducted by the OCTA Research group......»»
Banks’ bad loans rise in February
The soured loans of Philippine banks picked up for the 14th straight month in February, bringing the gross non-performing loan ratio to a steady 3.44 percent, amid high interest rates......»»