Ever wondered what happened to your favorite local shop? Did it close due to staffing shortages or limited growth potential? The small business landscape continues to expand, but the biggest challenge remains: longevity. The Philippine Statistics Authority (PSA) reported over a million...
DAVAO CITY – National Development Co. General Manager Antonilo Mauricio has joined biowaste management company Davao Thermo Biotech Corp. (DTBC) as a member of its board of directors, the company announced. MAURICIO (Keith Bacongco) In a statement, DTBC Chief Executive Officer Olive Puentespina...
DAVAO CITY – Government-owned enterprise National Development Co. (NDC) has inked a P40-million investment deal with waste management firm Davao Thermo Biotech Corp. (DTBC) on Thursday, December 7. DTBC President Olive Puentespina said the investment will finance their expansion programs, saying...
The Court of Tax Appeals (CTA) has denied the petition of the National Development Company (NDC) which sought a P42.6 million refund from the Bureau of Internal Revenue (BIR) for alleged erroneously collected value added tax (VAT) from second quarter of 2015 to third quarter of 2016. NDC, a...
The Chamber of Commerce of the Philippine Islands (The Chamber) has recommended an in-depth analysis and evaluation of what it called as similar sovereign wealth funds (SWFs) existing in the country to help in coming up with a decision on the proposed Maharlika Wealth Fund (MWF). In a statement,...
The National Development Company (NDC), the government investment arm attached to the Department of Trade and Industry (DTI), said it is currently exploring collaborations for potential investments in the establishment of a fill and finish facilities, and eventually bulk vaccine production plants....
Cargo ship MV Iris Paoay has recently made history for becoming the first Philippine flag container vessel to sail nonstop between Manila and the United States in decades, a project expected to reduce shipping time and ease traders’ burdens amid the COVID-19 pandemic. United States Agency for...
Education Secretary Leonor Magtolis Briones asked Sunday, Aug. 15, youth organizations to contribute to national development especially during this challenging time of coronavirus disease (COVID-19) pandemic. (Screenshot from DepEd Facebook page) She made the call during the “Youth Talks: Rising...
