The Department of Trade and Industry (DTI) and P.J. Lhuillier Inc. (PJLI) have signed a memorandum of understanding (MOU) allowing micro, small and medium enterprises (MSMEs) to transact through a web portal at Cebuana Lhuillier outlets to further promote ease of doing business and digitalization...
The Securities and Exchange Commission is warning the public against investing in Oriental Peak Mining or with its president Ranillo Paz since both the company and Paz are not authorized to solicit investments. The corporate watchdog said it has noticed that individuals or group of persons,...
The forthcoming cybersecurity plan will protect the Philippines from the “increasingly complex” threats in cyberspace, said Department of Information and Communications Technology (DICT) Undersecretary Anna Mae Lamentillo. (Unsplash) The cyberspace – a platform where countless information and...
Nustar Resort and Casino’s “Island of New Celebrations” has launched the country’s first “jumbotron” -- currently the biggest 3D LED billboard and the only one in the Visayas and Mindanao. Measuring at 620 square meters, Nustar’s 3D LED billboard is expected to be captivating,...
The proposed expansion of the non-essential goods tax, which would see luxury good items taxed more, would generate st least P12.4 billion in annual revenue that could be funneled into supporting the local creative industry, Albay 2nd District Joey Salceda said on Wednesday, Jan. 18. Albay 2nd...
Minority shareholders of Alliance Select Foods International, Inc. have asked a local court to prevent the firm from undertaking a P1 billion stock rights offering before holding an annual general meeting (AGM). In a statement, minority shareholder Albert Hong Hin Kay and lone minority director Hedy...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo This may not exactly be the best time to be attending the World Economic Forum (WEF) being held in Davos, Switzerland this week of Jan. 16-20. The Philippines is embroiled in serious domestic problems too many to cite. To be sure, the President will talk...
Department of Social Welfare and Development The Department of Social Welfare and Development (DSWD) said it is working in close coordination with the Department of Budget and Management (DBM) to help facilitate the direct release of funds for various social welfare programs in the Bangsamoro...
To assist farmers in recovering from the devastation caused by Typhoon "Odette" and the Covid-19 pandemic, the Crops Research Division (CRD) of the Department of Science and Technology - Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development (DOST-PCAARRD)...
Senate Majority Leader Joel Villanueva on Wednesday, January 18, expressed his disgust at the failure and confusion among government agencies on questions about the importation of salt or importation permit issues. Villanueva was referring to a hybrid public hearing by the Senate agriculture...
The Securities and Exchange Commission (SEC) has approved the P11.26 billion assets-for-equity swap between AREIT Inc. (AREIT), the Philippines’ pioneer real estate investment trust, and its sponsor Ayala Land, Inc. (ALI). In a disclosure to the Philippine Stock Exchange, AREIT said ALI will...
Although it has a shoreline of 36,000 kilometers, the Philippines imports 93 percent or 550,000 metric tons of salt for its requirement. “We should look at the salt industry as an added income source to fishermen during the dry season and the possibility of exporting Philippine sea salt,”...
