The Department of Finance (DOF) ordered the unconditional release of a report summarizing the results of an outside audit on large-scale metallic mines across the country. In a statement, Finance Secretary Carlos G. Dominguez III ordered the “preparation and dissemination” of a report...
Flour prices are up 15 percent while other ingredients in breadmaking are also on uptick, putting pressure on prices of bread, particularly Pinoy Tasty and Pinoy Pandesal. Simplicio Umali Jr., president and general manager of the country’s largest bread manufacturer Gardenia Bakeries, said that...
The number of closed establishments outside of the National Capital Region (NCR) worsened to 7 percent from 4 percent with the imposition of different alert levels in the regions, while NCR has improved to 11.76 percent from 16 percent following the limited opening in restaurants and personal care...
Food has always been the first to come to mind when one starts to think of going into business. Foremost, it will never run out of demand. As such, so many have tried their luck to partake in this kind of business. Entrepreneurs Eduardo and Teresita Ngan Tian decided to go into the food business....
The Department of Trade and Industry (DTI) has decided not to impose provisional safeguard duty on imported petrochemical products amid inconclusive findings in its preliminary investigation. Instead, DTI Secretary Ramon M. Lopez has referred to the Tariff Commission for formal investigation the...
Senator Pia Cayetano on Sunday, Sept. 26 said the newly-signed law taxing Philippine Offshore Gaming Operations (POGOs) or Republic Act No. 11590 is a “major win” for the country as it will help generate billions of pesos in additional funds for public services but without burdening Filipino...
The Department of Tourism (DOT) vowed Friday, September 24, to continue monitoring the compliance of accredited accommodation establishments in the National Capital Region (NCR) after the government issued the guidelines for a new lockdown scheme in the form of alert levels. (Photo from Pixabay)...
Speaker Lord Allan Velasco lauded his colleagues for the third reading approval on Monday, Sept. 20 of House Bill No. 10107 or the proposed Philippine Creative Industries Development Act. Velasco at AIPA Velasco said HB 10107 is “one of the measures we have identified that will help the country...
Gomezian ruled the first leg of the 2021 Philracom Juvenile Stakes Race-Industry Charity Race at the Saddle and Clubs Leisure Park in Naic, Cavite Saturday, Sept. 18. Gomezian and star jockey OP Cortez (Handout photo) Gomezian, with star jockey OP Cortez at the handles, clocked in 1:17...
The ASEAN automotive industry registered positive growths both in sales and production with all countries, except Myanmar, reporting higher sales as of July this year. Data from the ASEAN Automotive Federation showed the region’s automotive sales went up 27.5 percent to 1,507,331 units from...
To aid their recovery, major airline groups have urged government to allow increased mobility for vaccinated Filipinos, scrap travel requirements that are costing as much as P25,000 per passenger, and place North America on the list of green countries. According to the group, strict policies of...
Malacanang has ratified the Regional Comprehensive Economic Cooperation (RCEP), a mega free trade deal seeking to grant zero duty on goods traded among 15 countries that account for 29 percent of global gross domestic product. The document was ratified by President Rodrigo Duterte on September 2...
