Govt on track to recover lost revenue from oil smuggling
The government has so far marked over P10 billion liters in its bid to recover lost revenue from oil smuggling in the country.
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The government has so far marked over P10 billion liters in its bid to recover lost revenue from oil smuggling in the country.
Sy-led BDO Unibank Inc. announced it is not closing any of its branches despite the adverse effects of lockdown measures against the coronavirus pandemic.
Globe Telecom Inc. has partnered with Google for Education to capture the growing demand for e-learning service bundles amid the Covid-19 pandemic.
The Philippine National Police (PNP) said it has discovered several violations committed by local courier company J&T Express following an investigation conducted by the Criminal Investigation and Detection Group (CIDG).
Malacañang on Monday announced the appointment of two new Energy Regulatory Commission (ERC) commissioners.
AC Energy, the power generation arm of conglomerate Ayala Corp., is expanding its renewable energy (RE) portfolio with a 140-megawatt peak (MWp) solar power facility worth $68 million in India.
Filipino cocoa producers are set to benefit from a $4-million joint research-in-development project supported by international groups that seek to link small-scale farmers to the global supply chain through sustainable ways.
AT the height of the enhanced community quarantine, a group of farmers from Tarlac were worried where to sell corn harvest that they cultivated for four or five months.
The Philippine Stock Exchange Inc. (PSE) has approved the initial public offering of Ayala-led AREIT Inc., the first real-estate investment trust (REIT) to be listed in the country.
The Energy Regulatory Commission (ERC) said it has acted on the pending applications of power firms for the continued operation of their facilities amid the pandemic.
Flag carrier Philippine Airlines (PAL) reminded domestic and international passengers to check the latest travel requirements applicable to their destination city or country.
The government and the private sector may build the planned Quezon-Bicol Expressway (QBEx) simultaneously, depending on the most cost-effective and quickest option, according to the Department of Public Works and Highways (DPWH).
The Davao Oriental Electric Cooperative Inc. (DORECO) is seeking financial assistance from the National Electrification Administration (NEA) to finance its operational expenses.
The Securities and Exchange Commission (SEC) said it has denied the lifting of the cease-and-desist order (CDO) to stop CROWD1 Asia Pacific Inc. from soliciting and accepting investments from the public under a scheme disguised as a digital marketing business.
Megaworld Corp. said it is expanding its residential portfolio inside its 72-hectare Iloilo Business Park township in Iloilo City, with the launching of its sixth residential development called the Pinnacle.
The national government’s total debt service as of end-May spiked by 70.17 percent compared to the same period a year ago mainly due to a surge in amortization payments.
Incurring more debts, bailing out firms not immediately requiring such aid and printing money should be avoided by countries during the pandemic, according to an expert from the Asian Development Bank (ADB).
FintechAlliance.ph released a handbook outlining the standards for the financial technology (fintech) sector in a bid to unify the regulators, policy makers and stakeholders.
Makati City again obtained the highest audit rating from the Commission on Audit (COA) for its 2019 financial statements, an unprecedented ‘three-peat’ achievement for a local government unit.
DAVAO CITY—Cacao farmers in Davao Oriental are primed for a wider production engagement with the multi-awarded chocolate maker here with fresh financial aid from the World Bank-funded Philippine Rural Development Project (PRDP).
Micro, small and medium enterprises (MSMEs) affected by the current coronavirus disease 2019 (Covid-19) are encouraged to innovate and look for opportunities as they prepare for the “new normal” of doing business after the pandemic.
China’s imports of raw materials, from oil to soybeans to copper, surged to records last month as the top commodities consumer fuels a recovery from the pandemic that has slammed global growth and roiled markets.
Companies are advised to develop a business continuity plan (BCP) that will enable them minimize the impacts of the coronavirus pandemic on their operations, or prepare for possible future disasters.
First Gen Corp. LNG Corp., a wholly-owned subsidiary of Lopez-led First Gen Corp., has selected three preferred bidders to participate in a competitive selection process (CSP) for its planned Floating Storage and Regasification Unit (FSRU).
By Lenie Lectura Jovee Marie N. Dela Cruz
Philippine Seven Corp. (PSC) is slashing its capital expenditures by half to just P2 billion this year as the company halted all of its expansion plans and discouraged the opening of new stores for franchise holders.
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