April 24, 2017, 9:33 pm
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Business

HIGH TAX, SMUGGLING: Cigarette

by ANGELA CELIS on April 24, 2017
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The estimated total cigarette market in the Philippines shrank 15.6 percent in the first quarter of 2017, mainly due to the impact of excise tax-driven price increases, as well as the prevalence of illicit trade, Philip Morris International Inc. (PMI) said.

Better telco frequency allocat

by Myla Iglesias on April 24, 2017
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PLDT Inc. and Globe Telecom Inc.’s joint acquisition of San Miguel Corp.’s (SMC) telecommunication assets for P69.1 billion highlights the need for the Philippine government to improve the allocation of frequency spectrum, according to a recent study.

PEZA boots out online gambler

April 24, 2017
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The Philippine Economic Zone Authority (PEZA) has blocked a proposal to allow companies engaged in online gambling be located in ecozone-declared buildings.

Expansion eyed for Ilocos wind

by Jed Macapagal on April 24, 2017
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PAGUDPUD, Ilocos Norte -Ayala-led power generation firm AC Energy Holdings, Inc. said the service contract for a possible 69 megawatts (MW) expansion of the 81 MW Caparispisan wind farm here is now being processed at the Department of Energy.

Conglomerate eyes Mindanao in

by Ruelle Albert Castro on April 24, 2017
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Ayala Corp. is looking at an unsolicited infrastructure project in Mindanao, complementing its recently proposed skyway that will traverse C3 road all the way to Pasay in Mall of Asia. 

State subsidies hit P11.3B

by ANGELA CELIS on April 24, 2017
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The government’s subsidies to state-run firms as of end-February amounted to P11.3 billion, with bulk of the amount disbursed to the National Irrigation Administration (NIA).

Doing business in PH eases fu

April 24, 2017
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The Philippines targets to move up over the short-term its ranking in the ease of doing business to a range of 58th to 63rd as it implements more measures to speed up processes.

Accreditation of direct sellin

April 24, 2017
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The Department of Trade and Industry (DTI) will require direct selling companies to obtain accreditation as a measure to protect consumers against pyramiding scams.
 

UK, PH eye improved trade, inv

April 24, 2017
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Carlos Dominguez III, finance secretary, and Liam Fox, United Kingdom’s (UK) secretary of state for international trade, have discussed ways to expand Philippine exports to the UK and how the Philippine government can tap UK’s £4.5 billion export-import facility to help source funds for the Duterte administration’s public investment program.

Local plants tapped for drug

by JP LOPEZ on April 24, 2017
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Five plants hold promise as future drugs.
 

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Front Page

Column of the Day

‘Nothing from the PNP Internal Afffairs Service’

By DODY LACUNA | April 21,2017
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‘Pulitzer Prize-winning photos are framed against a lawless landscape of Filipinos in brutal submission...’

Opinion of the Day

Ignored laws

By DAHLI ASPILLERA | April 24, 2017
258 View(s) 0 Comment(s)
‘Shouldn’t the BIR deputize Seniors or high school student volunteers? Have them go from store to store demanding evidence that they pay BIR on their income?’