Semirara Mining and Power Corp. said its board approved cash dividends that total P14.88 billion and will be sourced from unappropriated retained earnings of the coal miner and power producer.
The Pork Producers Federation of the Philippines Inc. (ProPork) has urged the Department of Agriculture (DA) and the Bureau of Animal Industry (BAI) to consider the Cebu provincial government strategy in mitigating the impact of the African swine fever (ASF) on its hog population.
Finance Secretary Benjamin Diokno underscored the Marcos administration’s message of unity and committed to strengthening inter-sectoral ties for economic recovery as he addressed the Filipino-Chinese business community.
In an effort to provide optimal services to taxpayers, the Bureau of Internal Revenue (BIR) has authorized the filing and payment of the 2022 Annual Income Tax Return (AITR) anywhere.
Listed Philippine Business Bank (PBB) has raised another P500 million through the sale of shares to existing shareholders to raise much needed capital in its bid to transform into a universal bank in the next two years.
Businesses covered by the Bureau of Internal Revenue’s (BIR) electronic invoicing mandate have until year-end to upgrade billing and accounting systems, potentially adding to software, technology and training costs.
The Philippines is pushing for a free trade agreement (FTA) with the European Union to protect preferential market access and shield exporters from higher tariffs as the country moves closer to losing eligibility for the EU’s Generalized Scheme of Preferences Plus (GSP+).
The United Kingdom is seeking to deepen trade and investment ties with the Philippines without waiting for Manila’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), signaling a parallel approach to bilateral and regional economic integration.
Taiwan-based CQS Precision Die Casting Inc. is expanding into the Philippines with a new manufacturing facility in Batangas, adding robotics production to the industrial mix at LIMA Estate.