THE Japanese aid agency handed over at least P280 million worth of state-of-the-art earthquake and tsunami monitoring equipment to the government on Thursday to upgrade the country’s disaster mitigation capabilities.
Oct 152015
Oct 132015
GERMAN COMPANIES are seeking local partners to pursue projects involving the generation of solar power in areas not connected to the Philippines’ main power grid, the German-Philippines Chamber of Commerce and Industry said in a statement.
Oct 132015
ALTERNATIVE locations to the main business districts are providing sufficient supply for the rapidly expanding business process outsourcing (BPO) industry, property consultants CB Richard Ellis (CBRE) Philippines, Inc. said.
Oct 132015
ECONOMIC growth this year and next could still come in at around 6% despite the continued drop in exports as consumer spending is expected to remain robust, an economist from ING bank said.
Oct 122015
DAVAO CITY — A Manila-based company’s proposal to develop a 200-hectare mixed-use project via reclamation for P39 billion has attracted a counterproposal from another group, triggering a Swiss challenge, a city official said.
Oct 122015
THE DEPARTMENT of Agriculture (DA) has acknowledged the unattainability of this year’s output projections, with the El Niño weather phenomenon expected to bring about a “calamity” as it intensifies in the last three months of 2015.
Oct 122015
Last month, the Bureau of Internal Revenue (BIR) padlocked 33 branches being operated by a subsidiary of popular cargo and courier services provider for allegedly unpaid taxes. According to a news report, the BIR said that the company “modified point-of-sale (POS) machines without prior notification.” Issuing BIR-registered official receipts and invoices is very important to the BIR since this is one of its methods to ensure that the sales of businesses are properly subjected to tax.
Oct 112015
A GROUP of upstream petroleum companies has called on the government to honor contracts executed with the private sector, saying issues hampering their proper execution could dampen investor interest.
Oct 112015
MACTAN, CEBU — Transportation officials of the Asia-Pacific Economic Cooperation (APEC) bloc have approved a two-year road map to address the needs of the sector, estimating the infrastructure investment requirement for the region at about $1 trillion worth of infrastructure investments.
Oct 112015
In the past dozen years that the SGV Foundation has been running the Entrepreneur Of The Year Philippines program, it has acknowledged nearly 200 individuals who have contributed positively to the country’s economy and, in effect, to nation-building. When the program was launched in 2003, a basic question we had to grapple with was: what is an entrepreneur? It may sound simple and require an equally simple answer but, in our experience, that is not necessarily the case. What we have learned is that entrepreneurship is very dynamic and diverse; and that an entrepreneur cannot be stereotyped.