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SLEX assures traffic relief from road project by November

By THEPHILBIZNEWS STAFF Skyway O&M Corp. (SOMCO) assured motorists on Tuesday that they will experience some relief from heavy traffic in the south by November when preliminary...

DOE asks oil firms to explain discrepancies in price cut

By Joann Villanueva Energy Secretary Alfonso Cusi has asked 13 oil companies to explain on Monday the discrepancies in their price reductions. In a statement Wednesday,...

Eleazar confident TOP COP program will attract more tourists, investors in PH

Text, photos and video by Monsi A. Serrano A high-ranking police official reaffirmed recently the Philippine National Police’s (PNP’s) commitment to ensuring peace and order...

CTA grants PAL’s P402-M tax refund plea

By Benjamin Pulta The Court of Tax Appeals (CTA) ordered the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) to refund PHP402.8...

PH eyeing Russian investments during Duterte’s visit to Moscow — DTI

By THEPHILBIZNEWS STAFF An opportunity for the Philippines to reel in Russian investments is opening up during President Duterte’s visit to Russia on October 1-5,...

China’s city of 80 M people to open direct flight to Legazpi

By Sally Atento-Altea China’s second largest city will be opening a direct flight to Legazpi City as part of the memorandum of understanding (MOU) signed...

SBMA to foreclose Ocean Adventure Park

By Jason Joshua Garcia SUBIC BAY FREEPORT ZONE — After failing to fulfill development commitments and violating multiple contract agreements, the Subic Bay Metropolitan...

DTI begins public hearings on pyramid schemes to boost consumer protection

THEPHILBIZNEWS STAFF The Department of Trade and Industry (DTI) is taking steps against chain distribution plans or pyramiding sales schemes in a bid to ensure...

Globe signs up American Tower’s subsidiary for NL infrastructure

About 150 common towers will be built in Northern Luzon by Transcend Towers Infrastructure (Philippines) Inc., a wholly owned subsidiary of American Tower Corporation,...

Revenues from TRAIN rise to P55.6 B in H1

By Joann Villanueva Revenues from the Tax Reform for Acceleration and Inclusion (TRAIN) Law rose 65 percent year on year to P55.6 billion by end...

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