Electric consumers can expect a reduction of transmission charges on second quarter of 2024. Photo shows a lineman working on electrical posts at a street in Mandaluyong. GEORGE CALVELO, ABS-CBN NEWS/FILE PHOTO

Reduced transmission charges expected by Q2 2024 – ERC

THE Energy Regulatory Commission (ERC) yesterday assured the Senate that they would implement a reduction in transmission charges on the second quarter of 2024. Sen....
Most of the 902,597 new business name registrations from January to October 2023 are sari-sari stores and those in retail trade, according to Department of Trade and Industry. PHOTO COURTESY OF PHILIPPINE DAILY INQUIRER

Business name list-ups hit 900K as of October

THE Department of Trade and Industry (DTI) recorded more than 900,000 new business name registrations from January to October this year, with the government...
Photo by Scott Graham on Unsplash

Liquidity, bank lending up in September

DOMESTIC liquidity expanded further in September as claims posted growth during the month, data released by the Bangko Sentral ng Pilipinas (BSP) yesterday showed. Preliminary...
Fuel price rollbacks today mark the third consecutive week for diesel and kerosene, and the second for gasoline. PN PHOTO

Oil firms roll back fuel prices by up to P3 per liter

HEFTY rollbacks in the pump prices of petroleum products greet consumers today, with local oil firms cutting prices by as much as P3 per...
Clark International Airport. PHOTO COURTESY OF NEWS.ABS-CBN.COM/ANCX

Clark Int’l Airport among world’s most beautiful airports

FOR its exceptional architecture and design, Clark International Airport (CRK) has been named as one of the 24 world’s most beautiful airports by the...
Rafael D. Consing Jr. was appointed president and chief executive officer of Maharlika Investment Corporation. PHOTO COURTESY OF PCO

DOF backs Maharlika’s revised IRR

THE Department of Finance (DOF) yesterday expressed support for the revised implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF) Act, noting...
The modified rate of import duty on national gypsum and anhydrite would support the housing and infrastructure projects in the Philippines. Photo shows the construction of a residential structure in Quezon City. PNA PHOTO BY OLIVER MARQUEZ

Palace OKs modification of gypsum, anhydrite’s import duty rates

MALACAÑANG has approved the modification of the rate of the import duty on national gypsum and anhydrite, which are considered as the main raw...

True measure of leadership; Globe logs new record-high mobile revenue market share, bests competition...

Globe has recorded its highest Mobile revenue market share (RMS) since Q3 2019, consistently holding revenue leadership with 54.9% by the end of Q3...
E-commerce market is expected to grow at a compound annual growth rate of 17% in the forecast period of 2022-2025, according to a digital transformation consultant. PHOTO COURTESY OF FREEPIK.COM

‘PH digital economy seen to grow to $35B by 2025’

THE country’s digital economy is expected to grow substantially in the next two years, digital transformation consultant Publicis Sapient said.“The Philippines’ digital economy is...
The Department of Tourism has so far trained 100,000 Filipino workers to ensure continued upliftment of quality tourism services for domestic and foreign tourists. PHOTO COURTESY OF PNA

DOT vows to back hospitality sector, boost human capital development

The Department of Tourism (DOT) will do its part to help hotels uplift the standards of the Philippine hospitality industry. In her message at the...