The skyline of a business district is seen from a commercial building in Ortigas, Pasig city, Metro Manila. REUTERS/ROMEO RANOCO/FILE PHOTO

Biz groups join ARTA, DILG to improve ease of doing business

SOME of the Philippines’ biggest business groups signed an agreement with the Anti-Red Tape Authority (ARTA) and the Department of Interior and Local Government...
The Chamber of Mines of the Philippines says the higher royalty rate sought by the Department of Finance would make the local mining tax structure “even more uncompetitive.” INQUIRER FILE PHOTO

DOF wants to extract more funds from mining firms

THE Department of Finance (DOF) wants to collect more income-based taxes and royalties from mining firms than what House lawmakers were hoping to raise...
Photo courtesy of PTV News

NFA situation involves not just ‘anomalous sale’ of rice – Marcos

THE suspension of over a hundred National Food Administration (NFA) officials is not just in connection with the anomalous sale of its rice, President Ferdinand...

DBP eyes renewed push for amendments in corporate charter

State-owned Development Bank of the Philippines (DBP) is working closely with the Department of Finance (DOF), state regulators and legislators in introducing reforms in...
Mr. Eric Alberto, Chief Executive Officer & President, DITO Telecommunity with Ookla company leader

DITO is Ookla®’s 2023 Rated #1 Mobile Network in the Philippines

DITO’s Chief Executive Officer, Mr. Eric Alberto and Chief Revenue Officer-Consumer, Ms. Evelyn Jimenez are in Barcelona, Spain, to receive the Rated #1 Mobile...
Annual inflation in February 2024 saw a modest uptick to 3.4 percent on higher food and transport costs. Following this, the Bangko Sentral ng Pilipinas ruled out rate cuts anytime soon, adding they want to be certain inflation will settle comfortably within its 2 percent-4 percent target range. AJ PALCULLO/PN

BSP governor rules out easing rates ‘soon’

THE central bank governor yesterday ruled out rate cuts anytime soon due to upside inflation risks and signaled that borrowing costs will remain higher...
Travelers queue at the Ninoy Aquino International Airport Terminal 3 check-in and immigration counters. MARIA TAN, ABS-CBN NEWS/FILE PHOTO

Biz groups urge MIAA to solve NAIA pest problem

SOME of the Philippines’ biggest business groups urged the Manila International Airport Authority (MIAA) to immediately address the pest problem at the country’s main...
The Department of Energy says the country’s foray into nuclear power generation could happen “within the decade” as the government is working on studies such as the sites where to put nuclear power plants. RADYO PILIPINAS PHOTO

DOE supports SC decision upholding takeover powers

THE Department of Energy (DOE) yesterday said it supports the Supreme Court's decision to uphold its takeover powers over the oil industry in times...
Mamerto Tangonan, Deputy Governor for Payments and Currency Management Sector of the Bangko Sentral ng Pilipinas, says the pilot run of the Central Bank Digital Currency project “was designed for learning exercise in order to put us in a better position to assess whether this technology is what, itself, claims to be.” BANGKO SENTRAL NG PILIPINAS PHOTO

Pilot run of digital currency completed by end 2024 – BSP

THE Bangko Sentral ng Pilipinas’ (BSP) pilot run of its wholesale Central Bank Digital Currency (CBDC) project is seen completed by the end of...
Complaints about pharmacies requiring a doctor’s prescription for seniors buying over-the-counter medicines have prompted the Food and Drug Administration to issue a clarification. File photo by GRIG C. MONTEGRANDE / Philippine Daily Inquirer

‘Senior citizens and PWD discounts should apply on top of promo price’

DISCOUNTS for senior citizens and persons with disabilities (PWDs) should apply even on promo prices, three house panels asserted on Tuesday, March 5. The House...