The Department of Finance (DOF) said the government will finalize within this month the Strategic Investment Priority Plan (SIPP) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law. In a statement, Finance Secretary Carlos G. Dominguez III said on Wednesday, Jan. 12, that the...
San Miguel Corp. (SMC) has expanded its coastal clean-up drive to Calatagan and Balayan in Batangas, even as it prepares to start cleaning up the heavily-polluted Marilao-Meycauayan-Obando river system (MMORS) in Bulacan. In a statement, SMC said a total of 1,340 bags full of garbage were initially...
The Philippine Stock Exchange has cancelled trading for Tuesday, Jan. 3, after failing to resolve a technical issue that prevented 43 brokers from connecting to the bourse’s trading system. The PSE initially announced a delay in market opening “due to a technical issue that is currently being...
The New Year is upon us. On the crystal surface of the champagne we drank on New Year’s Eve, have we seen enough of ourselves to help us kick old habits, strengthen parts of us that had been weak, turn a new leaf, hug our enemies, and keep abusive, toxic people we loved at a distance? But...
The Philippine stock market benchmark index PSEi plunged 2.89 percent on the last trading day of 2021 to 7,122.63. This drop pulled the index to slightly lower than its 7,139.71 close in 2020 when the market was also reeling from the impact of the pandemic. The All Shares index shed 10.6 percent...
By Secretary Ramon M. Lopez Department of Trade and Industry Photo by Mark Ches Ang As we navigate through this COVID-19 pandemic, we have always worked on how we can balance the need to protect lives and livelihood. Building back better has been our objective, and we believe that we can sustain...
San Miguel Corporation (SMC) has activated its network in the Visayas and Mindanao regions to deliver truckloads of food to Odette-hit areas worth a total of P30 million so far. In a statement, the conglomerate said it has also dispatched fuel stocks at its Petron installations and, where possible,...
Solar Philippines Nueva Ecija Corporation (SPNEC), the developer of what is planned to be the largest solar project in Southeast Asia, has successfully made its trading debut on the Main Board of the Philippine Stock Exchange (PSE). The firm’s shares closed its first trading day at P1.01 per...
After almost two decades, the Metro Rail Transit Line 7 (MRT-7) that would link Quezon City to Bulacan is now on track for completion as the government is committed to make the rail line operational by the fourth quarter of 2022. (Photo from Department of Transportation) This, after President...
A world-class mode of transportation. President Rodrigo Duterte (second from left) sees the new MRT-7 train sets up close for the first time during their unveiling at Tandang Sora station on Dec. 15, 2021. (Screenshot from Facebook live) That's how President Duterte described the Metro Rail Transit...
Whoever said that President Duterte doesn't know how to have fun? (Screenshot from Facebook live) (Screenshot from Facebook live) The 76-year-old Chief Executive appeared to have a blast Thursday, Dec. 16 when he inspected the newly-unveiled train sets of the Metro Rail Transit (MRT)-7 along...
Max’s Group Inc., the Philippines’ largest casual dining group, has recently named its former Group Chief Operating Officer and marketing veteran Ariel P. Fermin as its new president. Fermin takes over from Roberto F. Trota and will now be in charge of the overall commercial and operational...
