Economy
CIC remits first P169.6M dividend after 18 years
The Credit Information Corp. (CIC) has remitted P169.64 million in dividends to the National Government, marking the state-run credit information agency’s first payout since its establishment in 2008.
Philippines fast-tracks tax treaty updates to attract investment
The Philippines is fast-tracking tax treaty updates to cut cross-border tax uncertainty and make the country more competitive for international investment.
Green Lane speeds permits as investment pipeline expands
The government’s Green Lane for Strategic Investments has cut actual permit processing time by nearly 60 percent, offering a concrete measure of faster approvals as a much larger investment pipeline moves through development stages.
Nestlé, Puregold turn sachets into store displays
Nestlé Philippines and Puregold Price Club Inc. are giving millions of used plastic sachets a second life as retail display materials, putting circular-economy practices directly into supermarket aisles while cutting demand for virgin materials and reducing distribution trips.
Unemployment falls, but Philippine jobs remain fragile
The Philippine unemployment rate fell sharply in August, but the improvement came with enough fine print to keep the labor market from declaring victory.
