Senate Majority Leader Juan Miguel “Migz” Zubiri hailed the new memorandum of agreement between the Anti-Red Tape Authority (ARTA) and the Office of the Ombudsman, considering it a decisive enforcement tool to give the Ease of Doing Business law more bite to combat government red tape. “This...
The Makati Business Club (MBC) is urging the government to streamline policies and intensify efforts to reduce landfill waste ahead of the upcoming Green Energy Auction (GEA), which will include waste-to-energy (WtE) technologies. In a briefer, the influential business group noted major gaps that...
Manila Mayor Francisco "Isko Moreno" Domagoso urged business and property owners in the city to avail themselves of its General Tax Amnesty and huge Real Property Tax (RPT) discounts for early payers as part of the city 's expanded efforts to help taxpayers keep up with their dues while...
A top executive of a local car dealership has credited reforms under Manila Mayor Francisco “Isko Moreno" Domagoso for helping restore investor confidence in the city. Paul Tionson, executive of NXT Mile Motors, Inc., made remarks during the opening of the company’s first Suzuki Auto dealership...
The country’s top information technology and business process management (IT-BPM) group stated that it is aligned with the government in upholding the integrity of the sector following the naming of companies allegedly violating workers’ rights in the aftermath of the 6.9 magnitude earthquake...
The country’s leading group of information technology and business process management (IT-BPM) firms opposed the “premature” identification of six companies that supposedly violated employees’ rights during the deadly 6.9 magnitude earthquake in Cebu, arguing that it could be detrimental to...
Senator Camille Villar has filed a bill seeking stronger protection for business process outsourcing (BPO) workers. Villar filed Senate Bill No. 1401 or the “BPO Workers’ Welfare and Protection Act” which seeks to institutionalize comprehensive safeguards for employees in the outsourcing...
Top Line Business Development Corp. is investing ₱385.12 million for its fuel importation and distribution businesses as it continues to expand its operations in the Visayas. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its board of directors has approved the additional...
Tycoon Andres Soriano III’s A. Soriano Corp. (Anscor) has earned ₱300 million in less than a year from the sale of its 22 percent stake in TBG Food Holdings Inc., the owner of The Bistro Group restaurant business, to Bounty Fresh founder Tennyson Chen’s Inoza Business Holdings Inc. for...
One year since its launch, the PHILSME Business Show Podcast continues to lead the conversation around entrepreneurship, innovation, and the real stories behind SME success in the Philippines. As the country’s first podcast-vodcast series focused entirely on Filipino SMEs, the PHILSME Business...
The Makati Business Club (MBC), formed to oppose crony capitalism during the regime of the late strongman Ferdinand Marcos Sr., has thrown its support behind his son, President Ferdinand “Bongbong” Marcos Jr., as he faces calls for resignation on the heels of the flood control scandal. MBC...
Philippine business optimism fell to a four-year low in the third quarter of the year, driven by slack in demand and global headwinds, even as consumer pessimism eased to its most improved level in over two years due to new income streams. Based on the Bangko Sentral ng Pilipinas’ (BSP) latest...
