The Bureau of Internal Revenue said Tuesday the electronic marketplaces operating in the country such as Shoppee and Lazada should start imposing withholding tax on sellers and merchants using their online platform.
Agriculture Secretary Francisco P. Tiu Laurel, Jr. urged the Philippine Crop Insurance Corp. (PCIC) to modernize its operations and develop more affordable insurance products and services to better serve farmers, fisherfolk and livestock raisers.
Del Monte Pacific Ltd. expressed confidence it could timely and effectively manage its financial obligations after the Singapore Exchange Securities Trading Ltd., or SGX, raised concerns about its current liabilities exceeding the amount of its current assets by USD417.3 million and other financial indicators.
Jollibee Foods Corp., the country’s largest restaurant chain, said it experienced during the weekend a cybersecurity incident resulting in a personal data breach affecting the company and several of its subsidiaries.
ACEN Corp. said Wednesday that Mitsubishi Corp. and its subsidiary Diamond Generating Asia (DGA) have joined forces with GenZero and Keppel Ltd. to explore a pioneering transition credits mechanism aimed at accelerating the retirement of the 246 MW South Luzon Thermal Energy Corp (SLTEC) coal-fired power plant in Batangas, Philippines.
The Department of Agriculture (DA), through the Bureau of Animal Industry (BAI), on Wednesday confirmed the country’s first case of the highly pathogenic avian influenza (HPAI) Type A Subtype H5N9 in Camaligan, Camarines Sur.
Robinsons Land Corp. (RLC), the property development arm of the Gokongwei group, is set to spend up to P125 billion over the next five years to fuel a broad expansion of its commercial footprint, enhance its real estate portfolio, and pursue long-term profit growth.
Property giant Megaworld Corp. posted a strong start to 2025, reporting a 15 percent year-on-year rise in first-quarter net income to P5.09 billion, up from P4.4 billion in the same period last year, driven by across-the-board gains in its core business segments.