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

VICT adds hybrid carriers to expand capacity, cut emissions at Port of Melbourne

Victoria International Container Terminal (VICT), the fully automated facility run by International Container Terminal Services, Inc. (ICTSI) at Australia’s Port of Melbourne, has deployed four new Kalmar hybrid automatic container carriers as part of its expansion plan.

DOE transfers power sector function to BARMM-MENRE under new transition deal

The Department of Energy (DOE) and the BARMM’s Ministry of Environment, Natural Resources and Energy (MENRE) have signed two key agreements: a Transition Agreement (TA) on power and electrification, and a Memorandum of Cooperation (MOC) on energy efficiency.

Puregold, GCash push digital shift for stores 

Puregold Price Club, Inc. and GCash are expanding digital payment and financial management tools for sari-sari stores, a move aimed at accelerating financial inclusion and helping thousands of small retailers modernize their operations.

SM Prime hits pause on P18B bond sale

SM Prime Holdings Inc. has put the brakes on a planned bond offering of up to P18 billion, opting to wait for more favorable market conditions as it seeks funding for an ambitious expansion and redevelopment program across the country. 
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