Jun Vallecera

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Post Valentine BIR, lotto operators meet resolves confusion over tax

The Bureau of Internal Revenue (BIR) recently met with the operators of the various lotto outlets in the country to flesh out the confusion...

Cybersecurity vendor warns of new info-stealer malware

The virus information stealer Vidar has been spreading through internet domains claiming to be associated with the remote desktop software company AnyDesk. This was reported...

Challenging 2022 economic landscape pushed SCG Philippines profits south

SCG Philippines, which locally markets its cement and building materials directly from facilities in Thailand, has reported continued profitable if significantly eroded operations in...

On the economy, while IMF frets, Guinigundo sizzles

Key International Monetary Fund (IMF) officials urged central banks to ensure that their policy responses remain appropriately restrictive and should stay in place long...

Emerging markets output growth looking sanguine

Emerging markets and developing economies like the Philippines were to collectively post output growth measured as the gross domestic product (GDP) averaging 4 percent this year, but higher next year to 4.2 percent, according to the International Monetary Fund (IMF).

Just in

Middle East conflicts force another weekly spike in local fuel prices

Filipino motorists face yet another round of pump price increases this coming Tuesday, underscoring the ongoing volatility of domestic fuel costs driven by compounding international crises. According to Jetti Petroleum president Leo Bellas, gasoline prices are projected to rise between P1 and P1.50 per liter, while diesel prices could jump by P1.75 to P2.25 per liter. This upcoming price hike follows the previous week’s substantial surge of P2.49 per liter for gasoline, P3.84 for diesel, and P5.01 for kerosene, highlighting how rapidly fuel rates are creeping higher almost every single week.

Agri damage from habagat, 3 storms hits ₱1.79B

Damage to the agriculture sector from the southwest monsoon (habagat) enhanced by Tropical Cyclones Luis, Maymay, and Neneng has risen to ₱1.79 billion, the Department of Agriculture (DA) reported in its 10 a.m. advisory on August 22.

Batang Gilas runs out of gas, settles for eighth

Batang Gilas Pilipinas started with a spark but finished with the wrong kind of déjà vu.

DA escalates nationwide crackdown on counterfeit farm inputs to protect farmers, safeguard food security

The Department of Agriculture (DA) has launched a stricter, nationwide campaign against counterfeit, unregistered, adulterated, and illegally produced farm inputs, moving to shield farmers from financial and livelihood losses while ensuring fair competition for legitimate industry players.
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