SSS releases P4.23B in benefits to OFWs in 2018

The state-run Social Security System (SSS) over the weekend said more than P4.23 billion worth of benefits were disbursed to some 61,406 land-based overseas Filipino worker...

SEA LIFE Malaysia officially opens at LEGOLAND Malaysia Resort

Filipino families looking for a unique marine adventure can now experience one of the newest marine life attractions in Southeast Asia - SEA LIFE Malaysia at...
New Manila International Airport. SAN MIGUEL CORP.

San Miguel releases design studies for new airport

MANILA – San Miguel Corporation has released design studies of its proposed airport in Bulakan, Bulacan. The Department of Transportation had earlier announced the awarding of the...
Department of Transportation (DOTr) secretary Arthur Tugade

DOTr sees increased confidence in travel to PH

CLARK City – Transportation Secretary Arthur Tugade on Friday welcomed the US Department Homeland Security’s (DHS) lifting of the public notice issued in December last year...
The Philippine peso shed 16 centavos to close at P51.88:$1 last Friday from 52.26 on Thursday. KRIEZELDARIA

Peso firms up on BSP rate cut

MANILA  – The Philippine peso appreciated against the US dollar last Friday as the latest decision of monetary authorities to ease policy rates supported the local unit. The...
Senate Minority Leader Franklin Drilon

Drilon wants ‘commitment’ to not veto Anti-Endo Bill anew

MANILA  – The Senate must first secure Malacañang’s commitment that the President will not veto the Security of Tenure bill so as not to waste time,...
Supreme Court ruling, placing power supply agreements submitted by Meralco and other distribution utilities under the Competitive Selection Process, will likely place more than 13 million consumers at a disadvantage. VIDEOBLOCKS

99 power supply deals face cancellation

MANILA – Supreme Court ruling, placing power supply agreements submitted by Meralco and other distribution utilities under the Competitive Selection Process (CSP), will likely place more than...
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS

Futures slip after Wall Street’s best day in two months

NEW YORK City – US stocks futures slipped on Friday, a day after Wall Street roared back to record its biggest one-day rise in two months,...
President Trump and China’s President Xi Jinping pose for a photo during the G-20 leaders summit in Osaka, Japan, on June 29, 2019. REUTERS

IMF warns increasing US tariffs could cut China growth sharply

WASHINGTON, United States – China’s economy already is slowing amid the trade conflict with the United States, but if Washington were to ramp up tariffs even...
The Bureau of Internal Revenue has collected P186 million in withholding taxes from Philippine Offshore Gaming Operators and is set to collect another P170 million this month.

BIR collects P356-M tax liabilities from POGOs

MANILA - The Bureau of Internal Revenue (BIR) has collected an initial P186 million in withholding taxes from Philippine Offshore Gaming Operators (POGOs) and is getting...