THE Asian Development Bank (ADB) said it signed an agreement with Asialink Finance Corp. to help provide $115 million in working capital to support lending to small- and medium-sized enterprises…
Economy
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THE Philippine Retailers Association (PRA) said the signing into law of the value-added tax (VAT) refund scheme for non-resident tourists will raise the Philippines’ competitiveness as a visitor market. “We…
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THE Philippines benefits from the free movement of capital, goods, and people, and its global partners can support emerging markets with such measures, Ayala Corp. Chairman Jaime Augusto Zobel de…
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ING HUBS Philippines said staffing is expected to grow 31% to 6,000 this year, reflecting growing global demand for banking services. “From roughly 1,900 employees in 2020, the hub now…
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It is that time of the year again — the season of gifts, festivities, and indulgent delicacies is reaching its peak. Many of us are eagerly preparing to dress up…
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THE Department of Trade and Industry (DTI) said that the Japan-Philippines Economic Partnership Agreement (JPEPA) should be reviewed to account for developments in digital trade, among others. At the National…
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THE PHILIPPINES has made significant progress in its pursuit of nuclear energy, though further work is needed on its strategy, according to an assessment issued by the International Atomic Energy…
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THE PHILIPPINES is seeking a $1-billion World Bank loan to boost agrifood productivity and resiliency in the face of challenges posed by climate change. The proposed Philippine Sustainable Agriculture Transformation…
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SUBSIDIES provided to government-owned and -controlled corporations (GOCCs) rose 30.24% year on year in October, the Bureau of the Treasury (BTr) said. The Treasury said budgetary support to GOCCs totaled…
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THE Metropolitan Manila Development Authority (MMDA) needs to optimize the scheduling of mall-wide sales to ease road congestion on Epifanio de los Santos Avenue (EDSA) as an alternative to a…