The Philippine Chamber of Commerce and Industry (PCCI) has lauded the passage of Republic Act No. 11976 or the “Ease of Paying Taxes Act,” aimed at facilitating proper tax filing for businesses to increase revenue collection. “The passage of RA 11976 is certainly a welcome development to the business community. …
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DITO Telecommunity Corporation and Converge ICT Solutions, Inc signed on Thursday, Jan. 11, an agreement that would allow the mutual beneficial use of their respective resources and facilities to improve internet services in the country. The Materials Facilities Provisioning Agreement (MFPA) is a framework on collaboration of infrastructure, specifically selected …
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An onslaught of windy weather systems moving along the northeastern seaboard has left the ferry service scrambling to catch up with shipping delays — and that's a new problem, Marine Atlantic's spokesperson says. About 50% of goods in Newfoundland arrive on trucks via ferry service Unusually choppy waters off the …
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Some researchers say the moment is here when coal consumption in power plants around the world finally peaks before beginning a perpetual fall. Forecasters have been wrong before about discounting coal's staying power With the COP28 climate summit now in the rearview mirror, some researchers say the moment is here …
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A key Flair Airlines investor says a $30-million lawsuit filed against it by plane-leasing firms over claims of missed payments is "premature at best." Lawsuit marks the latest act in a nearly year-long drama in Canadian aviation A key Flair Airlines investor says a $30-million lawsuit filed against it by …
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The Anti-Red Tape Authority (ARTA) and Malaysian Embassy in Manila are exploring programs for areas in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). The future partnerships were discussed during Malaysian Ambassador to the Philippines Dato’ Abdul Malik Melvin Castelino’s courtesy visit to ARTA Secretary Ernesto V. Perez in Jan. …
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The Philippines saw a significant 29.6 percent drop in foreign direct investment (FDI) with net inflows of $655 million in October 2023 from the $930 million net inflows registered in the same month in 2022. The October figure has brought cumulative net FDI inflows for the period January-October 2023 period …
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DMCI Holdings Inc. is maintaining a cautiously optimistic outlook for 2024 even as the previous year was fairly good for the diversified engineering conglomerate despite being beset by global market uncertainties, volatile prices, and high interest rates. In a disclosure to the Philippine Stock Exchange, DMCI Chairman and President Isidro …
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The Department of Trade and Industry (DTI) – Export Management Bureau (EMB) said it is more optimistic to see overall services exports growth in 2023 as it reported higher sales for the first three quarters of 2023 compared to exports of goods. DTI-EMB Director Bianca Sykimte told reporters in a …
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The Philippines raised the potential of a joint nickel and copper collaboration with Indonesia to facilitate the transition to green technologies for sustainable future. Trade and Industry Secretary Alfredo E. Pascual raised this potential at the Joint Philippines-Indonesia Roundtable Meeting on Wednesday, Jan. 10, in Makati in time for the …
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