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.
Mapúa Malayan Colleges Laguna (Mapúa MCL) has fully shifted its entire Cabuyao, Laguna campus to renewable energy through a partnership with ACEN Renewable Energy Solutions (ACEN RES), reinforcing its commitment to sustainability and climate action.
Converge ICT Solutions Inc. has announced a strategic overhaul of its leadership team aimed at reinforcing its transformation into a technology-driven company and securing long-term commercial growth.
Inflation in the Philippines is expected to continue its downward trend in May, with the Bangko Sentral ng Pilipinas (BSP) projecting a year-on-year rate between 0.9 percent and 1.7 percent, the central bank said Friday.
Converge ICT Solutions Inc. is holding firm on its 2025 earnings guidance following a robust first quarter, signaling continued confidence in its financial and operational trajectory.