Tag: Editors' Picks

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DOE mulls longer power firm maintenance periods than are possible at present

The Department of Energy (DOE) plans extending power plants longer maintenance shutdowns than are allowed at present to help generation companies perform better and avoid more frequent outages in the future.

GSIS launches new digital tool to enhance government property management

The Government Service Insurance System (GSIS) has launched a new digital tool called Property Inventory Application (PIA) aimed at enhancing the management of government properties. PIA is part of the GSIS's commitment to strengthen the protection and stability of government infrastructure.

BSP held key interest rates steady, says cut may happen as early as August

The Bangko Sentral ng Pilipinas kept key interest rates unchanged at its policy meeting on Thursday, noting inflation risks remain tilted toward the upside. Even so, the central bank dangled the possibility of policy easing as early as August this year.

Goldilocks is set to roll out 30 franchise-owned stores in 2024

Goldilocks Bakeshop, Inc., one of the most enduring and beloved Filipino brands in the SM group’s portfolio investments, is rolling out an additional 30 franchise-owned stores in 2024.

Cebu Pacific bares direct flights to Thailand’s DMK international airport

Cebu Pacific announced on Thursday a significant expansion of its Thailand service with the launch of direct flights to Don Mueang International Airport (DMK) starting July 16, 2024.

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ManulifeMOVE promotes holistic approach to longer lives

Manulife Philippines is expanding its focus on preventive health and financial preparedness through ManulifeMOVE, a wellness program designed to help Filipinos build healthier habits and prepare for longer, more secure lives.

BSP sees elevated inflation shaping 2027 budget

The Bangko Sentral ng Pilipinas expects inflation to remain elevated in 2027, with the government adopting a 4 percent to 5 percent inflation assumption in crafting the proposed national budget amid continued global and domestic price risks.

Secretary Go says 2027 budget to prioritize fiscal discipline

Finance Secretary Frederick Go said the government’s 2027 budget will prioritize fiscal discipline and higher-impact spending as the administration works to sustain economic growth while reducing the deficit and managing debt levels.

MAP raises tax concerns as BIR pursues reforms

The Management Association of the Philippines has flagged tax administration issues with the Bureau of Internal Revenue, prompting the agency to explore further reforms aimed at making compliance simpler, more predictable, and more responsive to businesses.

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