Team Philippines Chef de Mission to the Vietnam Southeast Asian Games Ramon Fernandez will be the special solo guest Tuesday in the online edition of the Philippine Sportswriters Association (PSA) Forum. Fernandez, a commissioner of the Philippine Sports Commission, is going to talk about the...
Economic activities listed under the 2020 Investment Priorities Plan (IPP) will serve as the initial projects that will qualify for incentives under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act (CREATE) Law, Trade and Industry Secretary Ramon M. Lopez said. Lopez said that...
Positive vibes from my eldest son Ramon Amado, Junie, who now resides in Vancouver. He shared with me a brief report on the progress of my eldest grandson, his first boy, Ramon lll, now 21, whose favorite sport is swimming. Bear with me, dear readers! You see, Monchu, as we all call him, was...
Max’s Group, Inc., the country’s largest casual dining restaurant group suffered a net loss of P1.68 billion last year from a net income of P724.23 million in 2019 due to the pandemic and a one time loss. In a disclosure to the Philippine Stock Exchange, the firm said the 2020 loss includes...
Trade and Industry Secretary Ramon M. Lopez said the loan take up of micro enterprises at the SB Corp., the micro financing arm of the government, has started to pick up. According to Lopez, the loan take up has already improved from about 200 applications a week only at the start to...
San Miguel Corporation (SMC) subsidiary San Miguel Yamamura Packaging Corp. (SMYPC) is planning to train underprivileged youth for technical jobs. The firm said this will provide the youth with access to economic opportunities and help improve overall competencies in the country's manufacturing...
SECRETARY RAMON M. LOPEZ Department of Trade and Industry (Photo by Mr. Mark Ches Ang) As the Philippine economy continues to tread the path towards post-pandemic recovery, keeping Micro, Small, and Medium Enterprises (MSMEs) relevant remains a challenge for us at the Department of Trade and...
Enrique K. Razon Jr. Five businessmen with strong ties to sports were among the 17 Filipinos named to this year’s Forbes World’s Billionaires List. Enrique Razon Jr., Lucio Tan, Hans Sy, Ramon Ang and Inigo Zobel made it to the list composed of 2,755 billionaires from around the world, as...
Philippine shares rose on the back of record performances of US bourses. PSE file photo The main index jumped 94.96 points or 1.46 percent to close at 6,590.11 as share prices rose across the board, led by the Holding Firms and Industrial counters. Volume remained tepid though at 2.41 billion...
The Philippine Stock Exchange, Inc. (PSE) aims to get more companies to consider raising capital through an initial public offering (IPO) after it relaxed its listing rules. In a statement, the bourse said it has released its Amended Listing Rules which contain relaxed profitability and operating...
The local stock market rose as bargain hunters picked up shares late in the session on the back of gains in the US. PSE file photo The main index rose 52.06 points or 0.81 percent to 6,495.15 with only the Property sector retreating. Volume dropped to 1.85 billion shares worth P5.36 billion as...
The Board of Investments has granted pioneer tax incentives to the P30.6576 billion project of Philippines Fiber Optic Cable Network (PFOCN), a Singaporean company, which is expected to spur the country’s telecommunications sector. Trade and Industry Secretary Ramon M. Lopez announced the...