Senate approves CREATE MORE bill on third and final reading

REUTERS THE SENATE on Monday approved on third and final reading the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) bill, which seeks to lower taxes on domestic and foreign companies to 20% from 25%. Senators also approved on final reading a measure that raises the allocation […]

Her Locket  is the big winner at 2024 Sinag Maynila

WINNING ACTRESSES Rebecca Chuaunsu and Elora Españo in a scene from Her Locket. THE 6th Sinag Maynila film festival, also the first edition since the pandemic, saw J.E. Tiglao’s family drama Her Locket emerged as the night’s big winner, bagging a total of seven awards including Best Film. The film — which follows an aging […]

Easier Korean visa application for Filipinos this winter

CHILGAPSAN ICE FOUNTAIN FESTIVAL — ENGLISH.VISITKOREA.OR.KR WHEN the Korea Travel Fiesta 2024 kicked off in Makati City last weekend, the Korea Tourism Organization (KTO) officially began carrying out its goal of promoting their country’s culture, cuisine, and climate to Filipinos. Now that the Philippines is familiar with parts of Korean culture through K-Pop and K-Dramas, […]

ABS-CBN licenses slate of movies from Sony Pictures Entertainment

ABS-CBN is expanding its digital content offerings through a new licensing agreement with Sony Pictures Entertainment (SPE). The agreement will see premium movies from Sony’s library streaming on ABS-CBN’s YouTube channels — Cinemo, iWantTFC, and ABS-CBN Entertainment. “ABS-CBN is thrilled to offer Sony Pictures Entertainment’s premium selection of classic award-winning movies for our Filipino audiences […]

NAIA overhaul about to start

BW FILE PHOTO SAN MIGUEL-LED New NAIA Infrastructure Corp. (NNIC) will take over the operations and maintenance of the Philippines’ main airport starting Sept. 14, kicking off modernization efforts that include road improvements, terminal expansion, and new parking facilities to improve passenger experience and airport capacity. “In a few days, NAIA (Ninoy Aquino International Airport) […]

Meralco seeks to proceed with Atimonan power project

BW FILE PHOTO MERALCO PowerGen Corp. (MGen) is seeking certification from the Department of Energy (DoE) to confirm that its Atimonan power project is exempt from the 2020 coal moratorium, allowing it to proceed with its proposed 1,200-megawatt (MW) coal-fired power plant. “[The] project is on the committed list, so it’s outside of the moratorium. […]

Plan now for the year ahead: The perks of being an early financial planner, according to Metrobank

New year, new me. This is what most people have in mind every January when they make a promise to reinvent themselves by making changes and setting New Year’s resolutions like traveling to a new destination, spending more time with loved ones, losing weight and saving more money. While goal setting is typically done at […]

Pueblo de Oro celebrates the value of hard work

In photo are PDO Operations Manager Engr. Alvin Clerigo (left), PDO Marketing Supervisor Laica Triza Cruz (2nd from right), and IGFI Corporate Social Responsibility Officer Deo Esmabe (right) together with the successful home business owners from Pampanga. Pueblo de Oro Development Corporation (PDO) recently recognized the value of hard work by extending additional livelihood assistance […]

[B-SIDE Podcast] Is La Niña already here in the PH?

Follow us on Spotify BusinessWorld B-Side A La Niña watch alert was issued by the state weather bureau in March, indicating that the phenomenon is likely to occur this year.  Recently, there has been growing concern about whether La Niña has arrived in the Philippines due to the continuous heavy rains caused by several tropical cyclones, […]