Senator Ramon “Bong” Revilla, Jr. on Monday, July 5 said he is thankful after the Sandiganbayan acquitted him of all 16 graft charges that are related to the so-called pork barrel fund case or the Priority Development Assistance Fund (PDAF) scam. In its decision, the Sandiganbayan granted...
The Philippine Stock Exchange is bullish about the prospects of capital raising activities by local firms this year and hopes to equal if not surpass the all-time high P228.33 billion raised in 2012. In an interview after the PSE annual stockholders’ meeting, PSE President Ramon S. Monzon noted...
The Philippine Stock Exchange, Inc. (PSE) reported that companies raised a total of P122.46 billion in capital through the bourse during the first half of the year, 18 percent more than the P103.76 billion raised in the entire 2020. 16451 Capital raising activities for the period included two...
The Department of Trade and Industry (DTI) has widened the coverage of areas with higher operating capacities of business establishments in the National Capital Region (NCR), including the provinces of Bulacan and Rizal, but retained the ban on social activities in Laguna and Cavite. Trade and...
San Miguel Corporation’s food unit San Miguel Foods has launched its Community micro-enterprises program which offers enterprising Filipinos the chance to start their own small business during the pandemic. The move will also allow these micro-entrepreneurs to contribute to economic recovery by...
Employers and government agencies on Wednesday, (June 30) signed a manifesto that seeks to create 1 million jobs by end this year to help address the high unemployment rate in the country and bring it back to pre-pandemic level. The Manifesto on 1 Million Jobs for 2021-Partnership Project with the...
San Miguel Corporation (SMC) has converted its new, state-of-the-art sports facility called SMC Sports Complex into a vaccination site for the conglomerate’s thousands of employees, essential workers and extended workforce. In a statement, SMC said the facility is meant to be the future home for...
Trade and Industry Secretary Ramon M. Lopez has called on governments of the 21-member states of APEC to prioritize and make it easy for micro, small and medium enterprises (MSMEs), the region’s engine of growth, transition into the digital way of doing business, especially during this pandemic....
The Philippine Stock Exchange saw its brightest moments during the Aquino administration with the main index surging to its highest levels while companies raised record amounts of capital from the public through the bourse. On July 1, 2010, the first trading day since Former President Benigno S....
The Philippines will be prioritizing 7 sectors in the Philippines Skills Framework (PSF), an inter-agency initiative to build the skills and competencies of the country’s human capital and better prepare them for the work of the future as 48 percent of current jobs could be displaced by...
The finance and trade departments signed the implementing rules and regulations (IRR) of the corporate recovery and tax Incentives for enterprises (CREATE) law, the government’s largest fiscal stimulus package for businesses in the country’s history. Ahead of the July 10, 2021 deadline, Finance...
San Miguel Corporation (SMC) reported that its “Ligtas Lahat” vaccination program has already resulted in the administration of almost 180,000 vaccines doses in five cities of Metro Manila. In a statement, the firm said its vaccination program switched to high-gear with the deployment to more...
