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Wednesday, July 23, 2025

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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...

Purefoods hotdogs, bacon, luncheon meats, safe to eat

Amid local government regulations in certain provinces requiring the total ban and pullout of all pork products from various parts of Luzon, Purefoods-Hormel assures...

ADB cuts 2019, 2020 growth forecasts for PH

By Leslie Gatpolintan The Asian Development Bank (ADB) has slightly reduced its economic growth forecast for the Philippines for the next two years amid a...

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...

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