Local producers urge TC to no longer extend MFN tariff cuts beyond 2023. MFNs are essentially pledges to extend preferential tax and duty treatment on services or goods exports of partner countries.
The Board of Investments (BOI) is sanguine on the successful conclusion of negotiations with two Chinese wind farm equipment and component manufacturers who look to invest $2 billion each in their proposal to make the Philippines a manufacturing hub.
DITO CME Holdings Inc. said Monday it raised P3.3 billion from the private placement new shares with Summit Telco Holdings Corp., a Philippine-registered company wholly-owned by Singapore-headquartered Summit Telco Corp Pte Ltd, an existing shareholder of the listed telecommunications venture of Davao-based businessman Dennis Uy.ok
Even though the full impact of the El Nino weather phenomenon cannot be entirely discounted, agriculture officials remain hopeful of bountiful palay or unhusked rice harvests this year.
The consumer financing firm Home Credit has built up a loan portfolio worth P100 billion in the 12 years since its founding as industry disruptor in 2013.
The Lopez-led First Philippine Industrial Park (FPIP) and 12 of its locators have been recognized as top contributors to local taxes and employment in 2024, underscoring their key role in driving economic growth in Santo Tomas City.
Agriculture Secretary Francisco P. Tiu Laurel Jr. has declared Camarines Sur free from avian influenza, five months after the province’s last recorded case of the highly pathogenic H5N9 bird flu virus.
The Department of Public Works and Highways (DPWH) has temporarily suspended its uniform policy for all personnel, citing security concerns amid ongoing investigations into alleged irregularities in flood control projects.