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Airlines urged to reduce flights to address cancellation issues

THE Department of Transportation (DOT) and the Manila International Airport Authority (MIAA) have asked some airlines to cut the number of their flights to...
Inflation has been easing in the recent months. This was primarily due to the slower annual increase in the prices of food and non-alcoholic beverages in June, according to the Philippine Statistics Authority. AJ PALCULLO/PN

Inflation further eases to 5.4 percent in June

INFLATION further eased in June, the Philippine Statistics Authority (PSA) said yesterday. The consumer price index rose 5.4 percent last month, which was slower...

Pag-IBIG Fund earns COA’s highest audit rating for record 11th straight year

PAG-IBIG Fund has earned the Commission on Audit’s (COA) highest audit rating on the presentation of its financial statements for the 11th consecutive year,...
The Philippines gross national income in 2022 fell within the World Bank's bracket for lower-middle income economies. Photo shows vehicles traversing at a public market in Divisoria, Manila. MARK CRISTINO, EPA-EFE/FILE PHOTO

PH stays as lower-middle income economy – WB

THE Philippines has remained a lower-middle income economy under the latest World Bank (WB) classification, which saw it trailing behind some of its neighbors...
Photo by Dan Burton on Unsplash

BIR reminds biz owners to issue receipts, sales invoices

THE Bureau of Internal Revenue (BIR) reminded all sellers of their obligation to automatically issue a receipt or invoice for each service rendered or...

Discover why this Fujidenzo split aircon reigns ‘supreme’

Regardless of the weather, air conditioning units have become increasingly necessary for both households and businesses. The significant growth in demand for air conditioners...

Lead Generation Outsourcing Philippines: Acquisix -The Rising Star

As global businesses constantly strive to be more efficient and effective, outsourcing has become a core strategy. Among various outsourcing opportunities, one stands out...
Wearing facemask, a gasoline boy refills the fuel tank of a vehicle in a gasoline station in Pavia, Iloilo. PANAY NEWS PHOTO

Fuel price rollback effective today

OIL companies will roll back pump prices starting today following a price hike last week. In separate advisories, Caltex, Cleanfuel, Jetti, Petro Gazz, Petron, Phoenix,...
Semirara Mining and Power Corp. president and chief operating officer Maria Cristina Gotianun (right) and chief finance officer Carla Cristina Levina (left) at FinanceAsia’s Best Managed Companies 2023 Awarding Ceremony in Hong Kong

SMPC wins silver in FinanceAsia’s Best Managed Companies Poll for 2023

INTEGRATED energy company Semirara Mining and Power Corporation (SMPC) has been recognized as one of the best energy companies in the Philippines, bagging the...
PHOTO COURTESY OF ABS-CBN NEWS

BIR exempts 59 more medicines from VAT

THE Bureau of Internal Revenue (BIR) has exempted certain medicines for cancer, diabetes, hypertension, and other diseases from the value added tax (VAT). Based on...