Duterte extends ECQ in NCR, other provinces
(2ND UPDATE) The government is extending until May 15 the enhanced community quarantine (ECQ) in the Philippine capital and nearby regions in order to...
AllHome, Axelum get final green light for IPOs
THE PHILIPPINE STOCK EXCHANGE, Inc. (PSE) has approved the maiden share sale planned by coconut products manufacturer Axelum Resources Corp. and home improvement supplies retailer AllHome Corp.
Professionals exempt from business permit fees for offices, clinics
PROFESSIONALS are now exempted from paying fees to obtain business permits for the operation of their offices or clinics under a new circular of the Department of Finance (DoF).
Villar firm applies for P20.7-B IPO
THE PHILIPPINES’ richest man, Manuel B. Villar, Jr., is taking his home improvement chain public this year in a bid to raise up to P20.7 billion to finance its expansion.
SteelAsia chairman is Entrepreneur of the Year Philippines
BENJAMIN O. YAO, chairman and chief executive officer (CEO) of SteelAsia Manufacturing Corp. (SteelAsia), the Philippines’ flagship steel firm, was named the Entrepreneur Of The Year Philippines 2019 in an awards banquet held last night at the Makati Shangri-La hotel.
Gov’t mulls ban on online sale of cigarettes, liquor
THE government may ban online sales of cigarettes and alcoholic beverages if sellers are found to have sold these so-called “sin” products to minors.
Work on Bulacan airport to start in Oct.
SAN MIGUEL Corp. is planning to break ground on the P734-billion Bulacan airport project in October, according to the Department of Transportation (DoTr).
Animation studios ‘aggressively’ hiring workers in Philippines
ANIMATION outsourcing studios in the Philippines are experiencing a worker shortfall as demand for their services surged during the pandemic, an industry group said.
Gov’t lines up priority infrastructure for 2019
THE CURRENT ADMINISTRATION has lined up the start of P36.23 billion worth of large-scale flood control, road and railway projects next year, which marks the midterm of President Rodrigo R. Duterte.
Philippine GDP growth seen slowing
PHILIPPINE economic growth will likely slow up to this year, according to latest estimates of a macroeconomic surveillance organization for the Association of Southeast Asian Nations (ASEAN) Plus 3 economies and HSBC Private Bank.
Central Visayas minimum wage rising
BUSINESSES in Central Visayas -- which has the fourth-biggest contribution among the country’s 17 regions to national economic growth -- will have to pay their employees more starting next week, after new daily minimum wage rates for private sector workers were published in a local newspaper on Dec. 21.
Food companies have 7 days to remove cargo from ports
CARGO owners, which include major food companies, now have seven days to withdraw reefers from Manila's congested ports before these are forfeited in favor...