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Bill amending CREATE law seeks to reinstate cross border doctrine

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.

National Treasury cuts substantially Dec treasury bills, bonds offer sizes

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.

More provinces attain higher yields thru RCEF seeds

Rice farmers in Aurora and Bohol have increased their average yields by 1 ton per hectare or more through the high-quality seeds they received...

Philippines prices maiden Sukuk bond, opens Islamic market to local firms

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 lists P34B worth of preferred shares on PSE

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...

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AboitizPower earns ASEAN recognition for energy sector contributions

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.

Lifesaver on Wheels: LG turns over ₱1.6-M ambulance to Laguna upland village

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.

DA in talks with DALI Grocery to open bigger, direct markets for Filipino farmers

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 IPO draws surge of local demand, boosting market and financial inclusion 

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.
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