Senate approves Maharlika Investment Fund bill
(UPDATE) WITH 19 affirmative votes, one negative and one abstention, the Senate in plenary approved early Wednesday morning Senate Bill (SB) 2020 or the Maharlika Investment...
Major industrial firms continue decline
BEIJING: China’s major industrial firms continued to post a narrower decline in their profits in April as production recovers and revenue grows faster, official data showed...
Marcos orders review of tax system
PRESIDENT Ferdinand Marcos Jr. has ordered his economic managers to continue reviewing the country’s tax system and find ways “to level the playing field between foreign...
DOTr, DMCI-Taisei withdraw from Section 1 of North-South railway contract package 1
The North-South Commuter Railway (NSCR) project is facing another hurdle after contractor DM Consunji Inc. (DMCI) and its Japanese partner Taisei Corp. withdrew from a section...
Brosas says Maharlika may be used to regain Marcos wealth; DOF says not so
The proposed Maharlika Investment Fund (MIF) may be used by President Ferdinand Marcos Jr. and his family to regain the ill-gotten wealth that the Philippines has...
Diokno says existing Philippine tax system must be preserved; review to continue
Finance Secretary Benjamin Diokno on Tuesday said the Philippines’ tax system must be preserved, but added that the country’s economic managers will continue to review it....
No free TV broadcast in ABS-CBN joint venture, says Prime Media
MANILA, Philippines — Media giant ABS-CBN Corp. will create news and information content to be distributed to third-party platforms in its joint venture with Romualdez-owned Prime...
America’s wars and the US debt crisis
IN the year 2000, the US government debt was $3.5 trillion, equal to 35 percent of the gross domestic product (GDP). By 2022, the debt was...
The future of gaming industry in the Philippines
IN the Philippines, gaming industry has attracted foreign and domestic firms to set up sprawling casino-resorts, creating tens of thousands of jobs in the past decade....
Where to trade-in old luggage for big discounts
Thinking of replacing an old luggage soon? Instead of throwing it away, why not consider trading it in? Luggage brand Samsonite is currently offering its first...