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Budget airline Cebu Pacific is slashing spending this year by over 50 percent as the new coronavirus disease (COVID-19) pandemic forces a review of its long-term expansion plans. Operator Cebu…
The local stock barometer gained on selective buying of large-cap stocks on Thursday but trading volume was thin against the backdrop of sluggish US and regional markets. With the government’s…
The Philippines’ corporate income tax rate—Asean’s (Association of Southeast Asian Nations) highest at 30 percent—can slide to 25 percent during a one-time, big-time reduction planned in July if Congress will…
With today’s pandemic and the proposed additional COVID-19 P1.2-trillion budget, we surely need more “bayanihan” in our agriculture. This may not happen. What exactly is bayanihan? There are two definitions…
Men wearing a face mask to help curb the spread of the coronavirus take a rest in Tokyo Thursday, May 14, 2020. Japan is still under a coronavirus state of…
Hotel buffets could become a casualty of the guest experience when travel resumes. Image: Istock.com/GoodLifeStudio via AFP Relaxnews Contactless check-in and reduced breakfast buffets are among some of the new…
The Philippines’ corporate income tax rate—Asean’s highest, currently at 30 percent—can slide to 25 percent during a one-time, big-time reduction planned in July if Congress will heed the economic team’s…
The Philippines’ war chest against COVID-19 inched up to $16.7 billion in May, but still lagged behind most of its Southeast Asian neighbors if spending was divided across the population,…
Although enhanced community quarantine (ECQ) has been extended but modified for another 15 days in COVID-19 hot spots, the Bureau of Internal Revenue (BIR) will no longer push back tax…
Eagle Cement’s factory in Bulacan Ang family-led cement manufacturer Eagle Cement Corp. saw a 25 percent year-on-year drop in first quarter net profit to P1.2 billion as construction activities were…
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