ORIGINAL PHOTO BY JESUS MONROY LAZCANO-UNSPLASH On Nov. 25, BusinessWorld published an article entitled, “Economic effects of corruption” written by Benjamin R. Punongbayan, a member of the Board of Governors of the Management Association of the Philippines. He concluded his article thus: “I purposely confined myself to analyzing the economic effects of corruption in government, […]
PHILSTAR FILE PHOTO By Adrian H. Halili, Reporter POULTRY integrator Bounty Fresh Group Holdings, Inc. said it will continue to lean on its contract growing program rather than resort to poultry imports, noting that growers need support in the face of rising feed costs and the continued threat of the Highly Pathogenic Avian Influenza (HPAI) […]
SERGIUS SANTOS — LINKEDIN.COM/IN/SERGIUS-SANTOS By Ashley Erika O. Jose, Reporter TECH startup SolX Technologies, Inc. is working to bridge gaps in the energy sector through advanced technology, its chief executive officer (CEO) said. “We are expanding heavily on our technology tools,” Sergius U. Santos, SolX Technologies CEO and co-founder, said in an interview with BusinessWorld. […]
The lobby of the Philippine Stock Exchange in Taguig City, Sept. 30, 2020. — REUTERS PHILIPPINE SHARES may remain weak this week as market sentiment stays cautious, with US President-elect Donald J. Trump set to take office on Monday and amid the absence of fresh catalysts. On Friday, the benchmark Philippine Stock Exchange index (PSEi) […]
BW FILE PHOTO THE PESO may move sideways against the dollar this week as the market awaits US President-elect Donald J. Trump’s inauguration for potential policy pronouncements. The local unit closed at P58.64 per dollar on Friday, slipping by three centavos from its P58.61 finish on Thursday, Bankers Association of the Philippines data showed. Week […]
SOUVIK BANERJEE-UNSPLASH THE Bureau of Internal Revenue (BIR) will allow non-resident digital service providers (DSPs) to appoint a local third-party representative to handle administrative matters for them with regard to the value-added tax (VAT) law. “In registering with the BIR, a nonresident DSP need not have a local representative in the Philippines,” the BIR said […]
REUTERS FINLAND’s ageing population has created gaps in its workforce that Filipinos can fill, particularly in technology and healthcare, members of a Finnish delegation said. “Finland, like most of the European countries, has this challenge that we are an ageing nation. We do not have enough kids coming to the labor market in the future,” […]
THE Trade department’s micro, small and medium enterprise development financing arm, Small Business Corp. (SB Corp.), has set a target of P460 million in net operating income this year after setting a record in 2024. On the sidelines of a briefing on Friday, SB Corp. President Robert C. Bastillo said the company’s 2025 target is […]
A worker is seen inside the new Mega manufacturing plant in Sto. Tomas, Batangas, March 1, 2023. — PHILSTAR/KRIZ JOHN ROSALES REDUCING the most favored nation (MFN) tariff rate on tin-mill black plates (TMBPs) is expected to boost domestic production of tin plate and tin-free steel, possibly leading to reduced canned goods prices, the Tariff […]
THE Department of Energy (DoE) said it is projecting more than 16 gigawatts (GW) of new capacity from offshore wind power projects. The DoE said it is currently assisting 16 offshore wind proponents who committed to start construction by 2027 and to deliver the first kilowatt-hour by 2028. The largest project is Domhain Earth Corp.’s […]