‘Wage hike in Western Visayas won’t lift workers from poverty’

MANILA – Organized labor branded the wage orders released separately by the Regional Tripartite Wages and Productivity Boards (RTWPB) of Regions 6 (Western Visayas)...

Lopez bats for ‘drastic change’ to leapfrog in doing biz ranking

MANILA – The country’s top trade official seeks a “drastic change” in the bureaucracy to ensure that the Philippines will land in the top...
For representation only. Business process outsourcing (BPO) workers are seen busy on the floor of a call center in Metro Manila. AP

Gov’t stands to lose P30B for each 1% point-drop in corporate income tax

MANILA – The government stands to lose tens of billions from the proposed reduction in corporate income tax rates under the second package of...

Asia central banks juggling risks find solace in stable food prices

HONGKONG – Asian central bankers grappling with wobbly markets, higher energy costs and simmering trade tensions are getting relief from an old foe: food...

Celebrating dad’s special day at the Courtyard by Marriott

BEFORE you do or get anything for him this father’s day, ask yourself a million times over - what do they really want? Because...

Salary hike moratorium for Aklan stays – wage board

KALIBO, Aklan – Considering the temporary closure of Boracay Island in Aklan, the Regional Tripartite Wages and Productivity Board (RTWPB) in Western Visayas said...

Foreign portfolio investment posts $206-M outflow in May

MANILA – Foreign portfolio investment registered a net outflow in May, reflecting a double-digit drop in inflows during the month, the Bangko Sentral ng...

PH stocks slump as peso breaches P53:$1 barrier

MANILA – The Philippine peso slipped even lower, breaching the 53-to-the-greenback psychological barrier, while local stocks tumbled to the 7,600-mark on Wednesday. The local currency...

Gov’t may expand scope of suggested retail prices

MANILA – The government is considering expanding the scope of suggested retail prices to include chicken, vegetables, rice and fish to guard against unwarranted...

Iloilo town declares 1T-hectare area as critical habitat for wildlife

THE municipality of San Joaquin has declared nearly 1,000 hectares of its land as a critical habitat area, a move to protect vulnerable and...