Double-dipping soon outlawed–DOF

There is a need to streamline the institutional framework for granting tax incentives such that all 14 investment promotion agencies (IPAs) at present observe...

Farm-gate prices up nearly 5% in 2017

Prices received by farmers for their produce rose by almost 5 percent in 2017, as traders were forced to pay more for some crops...

Megaworld sold 250 prime lots in Cavite in more than a...

MEGAWORLD Corp., the property-development arm of businessman Andrew Tan, said it has sold over 250 commercial prime lots in Maple Grove Commercial District in...

8990 launches P2-B mid-rise condo complex in the Visayas

MASS-housing builder 8990 Holdings Inc. said it launched its second mid-rise condominium development in Barangay Tisa, Cebu City, which has a total value of...

2020 opening depends on Ikea–Swedish envoy

SWEDISH furniture company Ikea was planning to announce the targeted opening date in the Philippines within the year, Ikea Sustainability and Communication Director Lars...

Nestlé debuts natural ruby chocolate in KitKat-crazed Japan

NESTLÉ SA will sweeten Japan’s Valentine’s Day with ruby chocolate KitKats, choosing one of the world’s most candy-obsessed markets for the debut of the...

Asian shares up after Wall Street rally; eyes on China

SHARES were broadly higher in Asia on Thursday after a rally on Wall Street that took the Dow Jones industrial average to its first...

Farmers risk lashes as 4-year civil war decimates South Sudan’s breadbasket

Each time Patrick Okello goes to tend his crops, he has to tell the soldiers or face 50 lashes with a whip when he...

Livestock output hit 5.09 MMT in 2017

Livestock production expanded by 2.7 percent to 5.09 million metric tons (MMT) in 2017, from the previous year’s 4.95 MMT, on the back of...

Local poultry market more attractive for Cargill–official

Cargill Philippines Inc. (Cargill) said on Thursday it would rather focus on the domestic poultry sector than ship chicken overseas as the Philippine market...

‘Taking over military pension very prohibitive’

From the original estimate of P7 trillion, the cost of taking over the military pension system by the Government Service Insurance System (GSIS) has...

Planbank opens in San Pablo City

Planbank Rural Bank of Canlubang Planters Inc., the largest rural bank in Laguna province, celebrates today the opening of its newly relocated branch in San...

Closure orders, US rate adjustment helped push hot money out in...

Soured investor sentiment driven by apprehension over a series of closure orders for mining firms and intimations of interest-rate adjustments in the US Federal...

Pure Foods’s shareholders OK formation of F&B powerhouse

SHAREHOLDERS of San Miguel Pure Foods Co. Inc. on Thursday approved the consolidation of the beer and liquor businesses of the conglomerate into one...

SEC approves PSE move to slash broker ownership

THE Securities and Exchange Commission (SEC) on Thursday has approved the Philippine Stock Exchange Inc.’s (PSE) stock-rights offer, a move meant to bring down...

Metro Pacific to buy local logistics firms

CONGLOMERATE Metro Pacific Investments Corp. may acquire as much as three local logistics companies this year, as it seeks to expand its footprint in...

Tech-savvy accountants–a rising need

There is no other way to go but digitalization, which is different from digitization.  But digital transformation should never take place if the purpose...

Moody’s: Asian high-yield market shows record rated issuance in 2017

Moody’s Investors Service said the Asian high-yield bond market has shown record levels of rated issuance across all markets in 2017, with momentum set...

Fraud-proof excise-tax stamp program seen completed soon

Much-improved and more secure excise-tax stamps for cigarettes and alcohol products are scheduled for rollout within the first three months of the year, according...

Is branding for associations?

This was exactly the question that Chris Dingcong, HongKong-based Filipino brand consultant, founder and creative director of Springtime Design, asked around 200 association members...