Bangladesh coastal town a place of Rohingya hope and tragedy

SHAH PORIR DWIP, Bangladesh—From a distance you can see elegantly carved wooden boats bob gently in the waters that surround this coastal town at...

UN exec: Global community must step up Rohingya aid

COX’S BAZAR, Bangladesh—The United Nations High Commissioner for Refugees said last Sunday that the exodus of Rohingya Muslims from Myanmar to Bangladesh is “the...

Amendments to food-safety law sought

The National Meat Inspection Service (NMIS) is urging Congress to amend Republic Act (RA) 10611 to revert the regulation of prepackaged food and processed-meat...

NFA’s rice-procurement program gets P7-B budget

A member of the House Committee on Appropriations said last Sunday the national government has allocated P7 billion to enable the National Food Authority...

Agribusiness

During the Arangkada Forum on September 14, there was much focus on sectors with substantial growth potential—including agriculture, creative industries, information and communications technology,...

Govt bares plan to withdraw NG deposits in UCPB

The government is winding down its support for the United Coconut Planters Bank (UCPB) and should soon set in motion a likely phased withdrawal...

DOF unwilling to forego VAT worth P100 billion

Some P100 billion worth of value-added tax (VAT) would escape the tax net under a legislation creating the real-estate investment trust (REIT) program and...

PNOC warns vs PNOC move to amend lease agreement

PETRON Corp., the country’s largest oil refiner, warned government that prospective investors may lose interest in the Philippines if contracts entered into with the government...

8990 selling preferred shares to pay off debts

LISTED firm 8990 Holdings Inc. hopes to raise some P5 billion by selling perpetual preferred shares to the Philippine Stock Exchange. The mass-housing builder...

Strong domestic sales drive growth in Splash revenues

SPLASH Corp. continued to strongly grow its revenues from Philippine operations with domestic sales of its personal-care products increasing by 7 percent, and sales...

Business ties complicate Muslim states’ response to Myanmar’s Rohingya

When Rohingya Muslims fled persecution and slaughter in Myanmar in past decades, tens of thousands found refuge in Saudi Arabia, home to Islam’s holiest...

Government to hike tobacco floor prices

The National Tobacco Administration (NTA) will increase by P1 to P3 the floor prices of tobacco for trading years 2018-2019, after farmers and the...

Switzerland is about to ensure it never goes hungry again

They’re going to the polls on Sunday to decide on a constitutional amendment to guarantee food supply. Launched by the Swiss farmer’s association, the...

Repurposed Postal Bank to serve as OFW lender

The Department of Finance (DOF) has already submitted a draft executive order for the Land Bank of the Philippines (LandBank) to service the financial...

Economic managers fast-track project approval process

The Investment Coordination Committee-Cabinet Committee (ICC-CC) is set to recommend to the National Economic and Development Authority (Neda) board the further streamlining of the...

PH-OGP, The Philippine open government partnership

Part Two Again, to recall, the Philippine Open Government Partnership (PH-OGP) “aims to secure concrete commitments from governments to promote transparency, empower citizens, fight corruption ...

Powering capital markets for more inclusive growth

A lot has been accomplished in reforming the Philippines’s capital markets over the past decade, from the diversification of financial institutions’ offerings, to the...

Union For Life starts selling guaranteed issue offer products

Union for Life, the bancassurance partnership of Insular Life and Union Bank of the Philippines (Union Bank), recently launched two guaranteed issue products exclusively...

FLI, Engie to spend P1.5 billion for IT park cooling system

A joint venture between Filinvest Land Inc. (FLI) and the local arm of French firm Engie Services Inc. said it will spend some P1.5...

All-Filipino I.T. security provider Pandora to expand in Singapore

PRIVATELY held Pandora Security Labs Inc. is expanding to Singapore, targeting revenues of $1 million in its first year of operations there, CEO Isaac...