DOF lauds SC decision affirming constitutionality of TRAIN law
The Department of Finance (DOF) welcomed the decision of the Supreme Court affirming the constitutionality of the Tax Reform for Acceleration and Inclusion (TRAIN) Act amid petitions claiming the measure to be “anti-poor” and unlawful.
Court convicts owner of unregistered money changer
The Regional Trial Court of Mandaluyong City has convicted the owner and operator of Zhenrihada Money Changing Services for violating central bank regulations.
BPI saves P105M as SEC lowers penalty
Ayala-led Bank of the Philippine Islands (BPI) saved almost P105 million in penalties as the Securities and Exchange Commission (SEC) lowered its fine for its failure to secure regulatory confirmation for its stock purchase and option plan.
On the BNPP, after the US and China, now comes South Korea
A South Korean firm has offered to revive the mothballed Bataan nuclear power plant (BNPP), an offer coming on the heels of those offered earlier by the US and China, according to the Philippine Nuclear Research Institute (PNRI).
Israel sanguine on local partner prospect in Palawan oil and gas project
The Israeli firm Ratio Petroleum operating Service Contract (SC) 76 in the East-Palawan Basin is hopeful of finding a local partner in exploring the resource area.
