OFW remittances fell 5% in March
Dollars sent home by expatriate Filipinos declined in March, marking the first time that the impact of the coronavirus pandemic was manifested in monthly remittances, a key pillar of the…
DOF firm on listing, taxing online sellers
The Department of Finance (DOF) did not buckle to calls not to force online sellers to register with the Bureau of Internal Revenue (BIR) and pay taxes while the country…
DA assures public fertilizer purchase graft-free
The Department of Agriculture (DA) has assured the public that the bidding for fertilizer supply contracts under its COVID-19 assistance program was above board—this after some farmers in Central Luzon…
AllHome pins hopes on new stores to get it through pandemic
Newly listed home improvement retailer AllHome Corp. is banking on new store rollouts, especially now with the easing of lockdown protocols in many parts of the country, to drive its…
COVID-19 foils DoubleDragon plan to hit 1.2M sqm in leasable area in 2020
Property developer DoubleDragon Properties Corp. expects to achieve its goal of hitting 1.2 million square meters in gross leaseable area (GLA) by 2022 instead of this year, given construction constraints…
Rice tariff collections hit P7.96B in end-May
Collections from the import duty slapped on rice reached P7.96 billion as of May, almost four-fifths of the yearly target. In a statement, the Bureau of Customs (BOC) maintained that…
Exporters push bills to help MSMEs recover
The Philippine Exporters Confederation Inc. (Philexport) is pushing for the immediate passage of measures that will help in particular the micro, small and medium enterprises (MSMEs) recover from the impact…
SMC tollroads going cashless | Inquirer Business
Conglomerate San Miguel Corp. (SMC) is poised to go fully cashless across its tollroads starting October this year to fight the spread of the new coronavirus disease. SMC is offering…
PT&T hinges 2020 turnaround on people’s need for ‘connectivity’
Broadband services provider Philippine Telegraph and Telephone Corp. (PT&T) pointed to positive prospects this year despite the new coronavirus pandemic. After narrowing losses in the first quarter of 2020, PT&T…
DA taps dormant state-owned poultry, livestock facilities
The Department of Agriculture (DA) is looking to revive government-owned poultry and livestock facilities that have been dormant over the years as part of its initiative to modernize these agricultural…