Philippine President Ferdinand Marcos Jr has signed into law a bill making it easier for taxpayers to pay their taxes in a bid to increase the revenue his government needs to boost infrastructure spending.
A growing number of wealth managers in Asia are setting up offices in Dubai, capitalizing on warming diplomatic ties between China and the Middle East and betting on a surge in demand from clients for geographical diversification.
Indonesia's rice output in January and February this year is estimated at 2.25 million metric tons, agriculture ministry data showed on Wednesday, a 46.3npercent drop from the same period a year ago as El Nino hits harvests.
Bonds sold off and global equity markets failed to fully shake off New Year blues on Thursday after U.S. unemployment data indicated a resilient labor market, tempering expectations of Federal Reserve interest rate cuts in 2024.
Hotel chef Makoto Wakabayashi was among those in Wajima hoping for a banner year as visitors returned to the scenic, seaside town that weathered more than two years of pandemic gloom.
The Manila Electric Co. (Meralco), the country’s largest power distributor, pushed back against claims by the Department of Energy (DOE) that its delayed power supply agreement (PSA) is contributing to high electricity prices, calling the accusations “false and misleading.”
Metro Retail Stores Group Inc. (MRSGI), the Gaisano family’s retail arm, reported a slight 1 percent decline in net income to ₱609.42 million in 2024 from ₱618.02 million a year earlier, as rising sales were tempered by tighter margins and strategic shifts in business mix.
DoubleDragon Corp. is acquiring the 35 percent stake of Injap Investments Inc. in grocery chain operator MerryMart Consumer Corp. for P1.28 billion, marking a strategic move that aligns with its ongoing transformation into a diversified investment holding company.
The Securities and Exchange Commission (SEC), in partnership with BDO Foundation, has unveiled new investor protection materials aimed at safeguarding the public from financial investment scams.