With property values increasing and many family-owned businesses expanding, more Filipino families are facing problems when transferring wealth to the next generation. Without proper estate planning, assets can end up frozen, tied up in legal disputes, or even sold off just to settle taxes.
The Department of Agriculture (DA) is preparing to hire thousands of new workers as recently passed and upcoming laws are expected to significantly increase the demand for agriculture and animal science professionals.
The Power Sector Assets and Liabilities Management Corp. (PSALM) said it is evaluating at least two unsolicited proposals to privatize the Agus-Pulangi hydroelectric complex in Mindanao.
Several companies and institutions are forming new partnerships under the Retail Aggregation Program (RAP), which allows smaller electricity consumers to combine their loads and negotiate contracts with preferred suppliers.