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.
GAC International Philippines, Inc. is tightening its grip on the local market, shifting to a direct, self-operated model that places the brand’s Philippine business under the control of its China headquarters, GAC Group.
Philippine carriers are pulling back from the Middle East as security risks and airspace limits ripple across key corridors, forcing cancellations and swift contingency plans. Mostly affected are the tens of thousands of overseas Filipino workers deployed in the Middle East.
Ricardo “Cary” F. Lagdameo doesn’t deal in hype. He deals in hectares, high-rises, and hard numbers. As head of the Real Estate and Construction Group of Anflo Group of Companies, he is helping redraw the economic map of Mindanao—quietly, methodically, and with a distinctly entrepreneurial spark.