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Fuel subsidy disbursement begins Wednesday

The Land Transportation Franchising and Regulatory Board (LTFRB) said it will start distributing fuel subsidies to operators of public transports beginning Wednesday,1 3 September to help cushion the impact of high oil prices on the sector.

SEC orders Holcim parent company to conduct 2nd tender offer

Holcim Philippines Inc. said Tuesday that its parent company, Holderfin B.V., has been directed by the Securities and Exchange Commission to hold a second...

DOE crafting smart, green grid plan

The Department of Energy (DOE) is crafting with the National Grid Corporation of the Philippines (NGCP) a smarter and cleaner power plan to ensure the seamless integration of additional renewable energy (RE) capacity into the grid.

Ovialand, BDO partners in making homeownership accessible

Property developer Ovialand has partnered with BDO Unibank Inc. in a transaction that allows morFilipinos to get the financing needed to purchase a home of their own.

House Bill addresses long-standing problems of military, uniformed personnel pension fund

The House of Representatives is set to start Tuesday floor debates on a bill that will rationalize and strengthen the problematic pension fund system for thousands of military and other uniformed personnel, including policemen, firemen, correctional officers, and coast guard personnel.

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DA ships nearly 1 MT fresh durian and mangosteen to Canada 

The Philippines has sent nearly one metric ton of fresh durian and mangosteen to Canada, opening a promising new market for the country’s tropical fruits, the Department of Agriculture (DA) confirmed Wednesday.

Prime Infra, Ahunan Power bring Starlink to Laguna schools

Prime Infra Foundation and Ahunan Power have partnered with the Department of Education (DepEd) to bring Starlink satellite internet to public schools in Pakil, Laguna, aiming to keep students connected during weather-related disruptions.

IT-BPM sector eyes $50.5B revenue, 2.14M jobs by 2028

The Philippine information technology-business process management (IT-BPM) industry is targeting USD50.5 billion in revenue and 2.14 million jobs by 2028, with plans to expand employment while shifting toward higher-value services.

Finance chief backs LPG, kerosene tax cuts, rejects gasoline tariff suspension

Finance Secretary Frederick Go has backed removing excise taxes on liquefied petroleum gas (LPG) and kerosene but rejected suspending taxes on gasoline and other fuels, citing an estimated P12 billion monthly revenue loss.

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