A legislative bill seeking to amend the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act and revise its value-added tax (VAT) provisions has been approved at the House committee level.
The National Treasury has substantially reduced to P60 billion the amount of treasury bills and bonds it will offer during weekly auction scheduled December, less than a third of the volume it offered in November.
The Philippines attracted strong investor interest for its maiden Sukuk bond offer, allowing one of Asia’s most active sovereign borrower to price the debt paper at a lower profit rate.
San Miguel Corp. on Friday listed on the Philippine Stock Exchange preferred shares that the diversified investment holding company sold in a follow-on offer...
Aboitiz Power Corporation has received official commendation from the Association of Southeast Asian Nations for its outstanding contributions to the region’s energy sector, with special recognition of its work in advancing nuclear energy cooperation, knowledge sharing, and skills development.
Barangay Galalan in Pangil, Laguna, finally has its own ambulance through LG Electronics Philippines’ “Life Saver on Wheels” project, ending years of relying on makeshift transport for emergencies.
The Department of Agriculture is exploring a partnership with DALI Everyday Grocery that would give local farmers steady, expanding direct sales channels and boost contract farming opportunities for cooperatives and producer groups.
Mynt Inc., operator of GCash, has drawn exceptionally strong domestic interest for its upcoming initial public offering, with state-run pension funds GSIS and SSS among those seeking shares, and lead arranger BDO Capital urging that more stock be set aside for local investors.