Negros, Catanduanes, Leyte port rehab, expansion deals awarded 

OFFICIAL FACEBOOK PAGE OF THE DEPARTMENT OF TRANSPORTATION THE Philippine Ports Authority (PPA) said it awarded expansion and rehabilitation contracts for three ports, valued at a combined P773 million. In separate notices posted on its website, PPA said it awarded the contract for the San Carlos, Negros Occidental port improvement project; the Virac, Catanduanes port […]

Can a discount be a gift?

As we hold public officers and employees to higher standards of conduct and ethics, we also recognize the importance of supporting them in fulfilling these exacting principles of public service. This will reduce the burden of generally perceived low wages, and even boost morale. Given limited resources, it has become a normal practice for concerned […]

Tabuena leads local golfers in Philippine Open

MIGUEL TABUENA — FACEBOOK.COM/ASIANTOURGOLF CARMONA, Cavite — For a pro golfer, nothing beats the feeling of hoisting his country’s National Open against an international field in front of kababayans and loved ones. This essentially will serve as the driving force for 39 Filipino bets as they vie for honors in the Smart Infinity Philippine Open […]

PLDT battles Choco Mucho for magic 4 slot

Games on Thursday(PhilSports Arena)4 p.m. – Akari vs Nxled6:30 p.m. – Choco Mucho vs PLDT PLDT eyes to stay inside the magic four while Choco Mucho fights for it as the two collide Thursday in the Premier Volleyball League All-Filipino Conference at the PhilSports Arena. The High Speed Hitters settled an old score with the […]

Trump presidency could divert $33 billion in Chinese investment to UK, claims VC firm

British venture capital house Fuel Ventures predicts a fresh wave of Chinese investment could be headed for the UK—potentially amounting to $33 billion—if Donald Trump’s second presidency prompts a steep decline in Chinese funding for the United States. The firm’s projections follow a stark drop in Chinese investment during Trump’s first term, when flows to […]

A call for accountability: Lessons from the Pharmally case

The recent push by the Office of the Ombudsman to file graft charges against those involved in the Pharmally case has brought renewed attention to the alleged significant lapses in financial oversight and governance associated with the case. A newly registered company with P625,000 in capital secured over P11 billion in government contracts, raising concerns […]

Bryan Robson secures partial victory in IR35 dispute with HMRC

Former England football captain Bryan Robson has succeeded in most of his appeal against HMRC over alleged IR35 breaches relating to his work as a Global Ambassador for Manchester United between 2015/16 and 2020/21. The First-tier Tax Tribunal upheld Robson’s challenge in four of the six disputed tax years, though found that part of his […]

2024 BoP surplus narrows sharply

US dollar banknotes are seen in this illustration taken July 17, 2022. — REUTERS By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINES’ balance of payment (BoP) surplus sharply narrowed in 2024, falling short of the central bank’s full-year projection. Data from the Bangko Sentral ng Pilipinas (BSP) showed the full-year BoP position stood at […]

AMRO says Philippines likely to post 2nd fastest GDP expansion in region

A general view of the rush-hour traffic in Manila, Philippines, Dec. 20, 2024. — REUTERS By Aubrey Rose A. Inosante, Reporter THE PHILIPPINES is expected to be the second-fastest growing economy in Southeast Asia in 2025, as further monetary easing boosts domestic demand, the ASEAN+3 Macroeconomic Research Office (AMRO) said on Tuesday. In its Regional […]

Philippine CEOs confident in economic growth in the next 12 months — survey

Top executives in the Philippines are optimistic about economic growth this year. — PHILIPPINE STAR/MIGUEL DE GUZMAN MOST chief executive officers (CEO) based in the Philippines are optimistic about economic growth prospects despite worries over a shortage of skilled workers and technological disruption, a survey showed. In the PwC 28th Global CEO Survey, 78% of […]