BIR seeks intensified crackdown vs illegal tobacco products
The Bureau of Internal Revenue (BIR) said it will ramp up measures to crack down on illicit tobacco trade in the country.
BIR Commissioner Romeo...
Globe sells towers for P5 billion
Globe Telecom Inc. on Thursday, said that they were able to close out and offically handover 431 towers to the Frontier Tower Associates Philippines...
US dollar firms up on debt limit talks
The US dollar firmed up in late trading on Wednesday as the country’s leaders expressed optimism over debt limit negotiations.
The dollar index, which measures the greenback...
Iran, Russia sign 10 agreements for oil cooperation
Iran and Russia have signed 10 agreements for cooperation in the oil industry in the Iranian capital of Tehran, according to Shana News Agency affiliated to the Iranian Oil Ministry.
The...
Medalla sees need for digital account holders to be vigilant
Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla said there is a need for digital account holders to be vigilant against criminals.
However, he assured that digital banking in...
Prime Energy-led Malampaya consortium to invest US $600M
THE Malampaya consortium led by gas field operator Prime Energy Resources Development B.V. of tycoon Enrique Razon has programmed initial investments of about US...
DMCI Holdings sees slower company growth this year
Diversified conglomerate DMCI Holdings Inc. sees "muted" growth this year, citing several challenges that might affect its business portfolio.
"As we look ahead to 2023,...
Ayala unit eyeing PGG Cancer Center
AC Health, Ayala Corp.’s health care unit, is interested to participate in the Marcos administration’s first public-private partnership (PPP) project, the PHP6 billion University...
Think tanks says PH needs investment-led growth
The Philippines needs to shift to investment-led growth to sustain the country’s economic gains and promote inclusive growth, according to an independent research organization.
In a virtual...
Economic managers hoping for Senate approval of Maharlika fund bill
The country's economic managers are hoping for the approval of Senate Bill No. 2020 establishing the Maharlika Investment Fund (MIF) before the session adjourns...
