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Tax hikes to hurt gov’t revenue on lower consumption

By Joann Villanueva The Distilled Spirits Association of the Philippines (DSAP) on Wednesday said while it supports the proposed new tax rates for distilled spirits,...

NLEX starts SFEX capacity expansion project

By Jason Joshua Garcia SUBIC BAY FREEPORT ZONE – An expansion project of the 8.2-kilometer Subic Freeport Expressway (SFEX) is underway as the North Luzon...

ADB to apply new Corporate Results Framework aimed at achieving goals

The Asian Development Bank (ADB) approved recently a new corporate results framework (CRF) to better assess its performance in achieving a more prosperous, inclusive,...

Shocking drone attacks on Saudi oil facilities to spike world prices; PH to be deeply affected – Locsin

By THEPHILBIZNEWS STAFF Shocking drone attacks on Saturday, September 14, that set a Saudi Arabian oil field and processing facility ablaze have shut half of...

5 months after Hanjin closes, Subic workforce bounces back to 135,000

By Jason Joshua Garcia SUBIC BAY FREEPORT – Despite the closure of the Hanjin shipyard last January, this premier Freeport is still showing strength in...

Wongchuking to build 100-million-liter oil depot terminal in Batangas City

By Maharlika Manalo A 100-million-liter oil depot terminal with a state-of-the-art facility will soon to rise in Batangas City under the enterprise of Wongchuking Properties. The...

Czech tech firms connect with PH IT sector

The Czech Embassy in Manila hosted its first Information Technology Conference, dubbed as “Czech Connect 2019: Bridging the Czech and Philippine IT Sector,” in...

Dominguez raises need for SSS to hike income

By Joann Villanueva Finance Secretary Carlos Dominguez III has underscored the need for state-run Social Security System (SSS) to “dramatically increase income” to lengthen its fund life...

Investments reach P609 B as of August, up 126% — BOI

By Monsi A. Serrano Total investments approved by the Philippine Board of Investments (BOI) reached P609.04 billion by the end of August 2019, more than...

Meralco’s new power supply deals promise cheaper electricity

By Marimar F. Guevarra The Manila Electric Company (Meralco) is eyeing new power supply agreements with its winning suppliers that could help ease the cost...

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