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New regulations on drug pricing in the Philippines will escalate pressure on the pharmaceutical industry and threaten the operations of multinational drug-makers, think tank Fitch Solutions said. In a research…
To save ailing corporations from the economic fallout due to the pandemic, lawmakers and the Department of Finance (DOF) are proposing to inject as much as P100 billion in capital…
A group of pharmaceutical companies wants the government to temporarily set aside a price ceiling that had cut the retail prices of certain drugs, citing the impact the pandemic made…
Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission (SEC) has issued an order to padlock Fast Track Worldwide Inc. and JOCALS688 Beauty and Wellness Products Trading Inc.,…
More than half of German companies are holding back their investments in the Philippines because they find the economy too restrictive, data showed. This is according to a survey done…
The latest version of the Duterte administration’s plan for tax breaks will still make the cost of doing business in the Philippines more expensive for companies that have been operating…
MANILA, Philippines — When President Rodrigo Duterte effectively placed the whole of the Philippines under lockdown on March 16, Mr Jason Bonzon’s towing business was hit hard. With Metro Manila…
Enrique Razon Jr.-owned MORE Electric and Power Corp. — the new power utility in Iloilo City— has made “substantial progress” in upgrading the city’s electricity distribution system two months after…
The Department of Finance (DOF) on Monday (May 25) lauded the companies that did not wait for extended deadlines to pay their taxes, helping the government raise revenue during the…
Yonhap via The Korea Herald/Asia News Network SEOUL — Major South Korean companies have resumed operations at their overseas plants and are speeding up business normalization since suffering disruptions from…
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