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SC junks petition challenging legality of POGOs

The Supreme Court has junked a petition challenging the legality of the rules on Philippine offshore gaming operators or POGOs for violating the doctrine of hierarchy of courts and failing to meet the requirements for judicial review......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

What impact could a potential POGO ban have on the REITs?

I got this question in response to news that the House of Representatives approved two measures that seek to ban POGOs in the Philippines. POGOs, or Philippine Offshore Gaming Operators, are licensed and monitored by the Philippine Amusement and Gaming Corp., and have been controversial since their presence exploded during Rodrigo Duterte’s term as president......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Government tackling high construction costs

The Government is focused on reducing sky-high construction costs to make it more affordable to build a home, Building and Construction Minister Chris Penk says. Stats NZ data shows the cost of building a house has increased by 41 per cent since 2019, making housing even more unaffordable for Kiwi families."Further analysis shows building costs are consistently higher.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

March inflation climbs to 3.7% due to soaring food, transport costs

The country's inflation accelerated to 3.7%, driven by increased food and transportation costs, according to the Philippine Statistics Authority's report on Friday......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Baltimore bridge collapse could lead to delayed shipments, higher shipping costs

The closure of the Port of Baltimore in the US following the collapse of the Baltimore key bridge is expected to lead to shipment delays and higher shipping costs......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Worker shortage, rising costs to slow healthcare growth

The expansion of the country’s healthcare industry may slow this year on rising costs and shortage of medical practitioners even as the demand for health services among Filipinos is on an uptrend......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Government announces independent review of forestry ETS costs

Forestry Minister Todd McClay has today announced an independent review into the forestry component of the Emissions Trading Scheme (ETS) Register to ensure it is efficient and cost-effective."Up and down the country forestry owners have been raising concerns about the excessive costs that have been imposed upon them by the previous government," Mr McClay says."We have iden.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Palworlds Monthly Server Costs Reach $500k – The Daily Guardian

Title: Palworld’s Phenomenal Success Puts CEO in a Bind: Rising Server Costs Threaten Bankruptcy Subtitle: Indie Game Palworld Surpasses Records with 19 Million Copies Sold,.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 3rd, 2024

DTI allows manufacturers to downsize certain goods to offset rising costs

MANILA, Philippines — The Department of Trade and Industry (DTI) announced on Wednesday that manufacturers of essential goods can maintain profitability amid rising production costs by reducing product sizes or weights, instead of increasing prices. Trade Assistant Secretary Amanda Marie Nograles explained during the televised Bangon Pilipinas briefing that the DTI permitted this adjustment for.....»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2024

Market ends with gains ahead of BSP meeting

The stock market posted minimal gains to climb for a second straight session on sustained bargain hunting......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Most Filipino families not reaping long-term gains of preschool education

Parents’ lack of awareness about the long-term gains of preschool education and limited government daycare centers have made most Filipino children lose out on the benefits of early childhood education......»»

Category: newsSource:  philstarRelated NewsMay 14th, 2024

Early years, lifetime gains

Early years, lifetime gains.....»»

Category: newsSource:  sunstarRelated NewsMay 2nd, 2024

Market extends gains to 4th day

The stock market extended its winning streak to four yesterday, but gains were minimal due to lack of catalysts......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Stocks eke out gains, back at 6,900

The stock market eked out gains to move back up to the 6,900 level as investors continued to hunt for bargains......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Oil prices headed for weekly gains as Israel rejects ceasefire offer

(Reuters) – Oil prices rose in early trade on Friday, on track for weekly gains, with tensions persisting in the Middle East after Israel rejected a ceasefire offer from Hamas. Brent futures climbed 8 cents, or 0.1%, to $81.71 a barrel by 0119 GMT, while U.S. West Texas Intermediate crude futures rose 17 cents, or.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

Philippine stocks rise after Wall Street gains

Philippine stocks rose yesterday, mirroring gains in the US market......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Strengthening the Single Economic Market

Finance Minister Nicola Willis has met with Australian Treasurer Jim Chalmers to discuss the opportunities to lower business costs and increase the ease with which businesses and people can operate across the Tasman.    "I have met with Treasurer Chalmers and shared our new Government's ambitious economic goals, our plans to gr.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Higher shipping costs loom as Red Sea route suspended

The suspension of Red Sea routes by major shipping lines because of the continued attacks of Iran-backed Houthi rebels in Yemen is expected to result in higher shipping rates and delay the trade of goods which may affect exporters from ecozones, the Philippine Economic Zone Authority said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Bad for Phl’s image

While President Ferdinand Marcos has been wooing private companies, both local and foreign, to partner with the government and to invest in infrastructure development in order to fuel his administration’s push for economic growth and more jobs, there are some in government who seem to be sending a completely opposite message and who are bent on sabotaging whatever gains the country has achieved so far......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Wage hike to cut GDP growth, raise unemployment – NEDA

The proposed legislation for a P100 wage increase for private workers could shave up to 0.5 percentage point off the country’s economic growth and reverse gains ......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024