PhilHealth increases yearly dialysis coverage to 156 sessions

THE Philippine Health Insurance Corporation (PhilHealth) announced that its coverage for hemodialysis has been expanded from 90 to 156 sessions starting this year as...
President Ferdinand Marcos Jr. receives a copy of “The SEC Reports,” which shows the programs and initiatives of the Securities and Exchange Commission (SEC), from SEC chairman Atty. Emilio Aquino (right) during the commission’s 85th Anniversary celebration in Makati City on Thursday, June 22. The agency is the registrar and overseer of the corporate sector in the country and supervises more than 600,000 active corporations registered with it. JONATHAN CELLONA/ABS-CBN NEWS PHOTO

SEC launches new services in digitalization push

THE Securities and Exchange Commission (SEC) yesterday launched several e-services to boost its digitalization efforts. During the celebration of its 85th anniversary, the SEC...

CEBU PACIFIC MEDIA STATEMENT, June 21, 2023

CEBU Pacific acknowledges the difficulties and frustrations that our passengers have been experiencing lately.This is primarily driven by fleet availability issues affecting the global...
The Department of Trade and Industry is urging consumers to be cautious in their online transactions. PHOTO COURTESY OF ABS-CBN NEWS

Congress urged to fast-track law protecting consumers online

THE Department of Trade and Industry (DTI) has urged Congress to immediately pass the Internet Transactions Act (ITA) that will protect consumers in their...
Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla, BSP Deputy Governor Bernadette Romulo-Puyat, and SM Investments Corp. Vice Chairperson Teresita T. Sy-Coson launch the BSP's Coin Deposit Machines. HANDOUT PHOTO

BSP taps retailers to boost coin recirculation

THE Bangko Sentral ng Pilipinas (BSP) launched a campaign to promote coin recirculation using Coin Deposit Machines (CoDM) deployed in select partner retailers. "Through the...
Research shows 80 percent of construction businesses in the Philippines plan to design and implement a data strategy over the next 12 months. PNA FILE PHOTO

PH construction biz keen on adopting data strategy

THE Philippines is leading among surveyed Southeast Asian countries in plans to adopt data strategy in the construction industry, research by Procore Technologies Inc....
The Philippines' economic performance this year, driven by the improvements in domestic economy, employment and prices. ABS-CBN NEWS PHOTO

PH competitiveness drops 4 spots in global study

THE Philippines dropped four places in the 2023 World Competitiveness Yearbook (WCY) based on several metrics across economic performance, government and business efficiency and...
A 2020 study shows the Philippines could raise as much as P72.97 billion from a 20% excise tax collection on junk food, P54.73 billion from 15%, and P36.48 billion from 10%. GETTY IMAGES

Tax hike on junk food, sweetened beverages looms

THE Marcos administration will push for the passage of new tax measures this year, particularly additional taxes on sweetened beverages and junk food, Budget...
Hybrid rice proponent Henry Lim Bon Liong says traditional rice can only produce three to four tons per hectare while hybrid rice can produce eight to 10 tons per hectare, and in some cases. PNA FILE PHOTO

Agri’s dwindling share in GDP not unusual for emerging economies

THE agriculture sector’s contribution to the gross domestic product (GDP) naturally declines as a country moves closer to developed economy status, according to an...
The Department of Trade and Industry Iloilo holds a Diskwento Caravan in Bingawan, Iloilo on Wednesday, June 21. DTI ILOILO PHOTO

DTI brings services to Iloilo province’s farthest town

ILOILO City – The Department of Trade and Industry (DTI) has made its services closer to the farthest municipality of Iloilo province with the...