BUSINESS

MORE BUSINESS NEWS

Will Traffic Crisis Act end misery in 3 mega-cities?

Will the Traffic Crisis Act live up to its goal of ending traffic problems hounding the three biggest and busiest metropolitan areas in the country? The proposed measure was approved on Tuesday by the House committee on transportation and will soon be up for debates in plenary.

WATCH | STOP: DOTr suspends Anti-Distracted Driving Act

The Department of Transportation (DOTr) has suspended the implementation of the Anti-Distracted Driving Act (ADDA) that prohibits motorists from using mobile devices and electronic gadgets, Land Transportation Franchising and Regulatory Board (LTFRB) board member and spokesperson, Aileen Lizada, said Tuesday.

WATCH | Tax bill reaches plenary; opposition lawmakers hit vague social benefit provision

While the government is certain to collect additional revenues from the proposed tax reform package, the returns to the people through a vaunted social benefit program remains vague, opposition lawmakers said Tuesday.
HOR plenary hall

WATCH | Lawmakers in last-ditch move to scuttle ‘burdensome’ CTRP provisions

Several lawmakers are making a last-ditch move to remove some provisions in the proposed Comprehensive Tax Reform Package (CTRP), which they said would be burdensome to the people.

US and Pacific Rim countries at odds in heated trade meeting

Japan and other members of the Trans-Pacific Partnership agreed on Sunday to pursue their trade deal without the United States, as the Trump administration's “America First” policy created tension at a meeting of Asia-Pacific countries.

Resume tests at Reed Bank, before Malampaya runs dry: MVP

Tapping oil and gas reserves in the Reed Bank - a resource-rich area within the Philippines' exclusive economic zone - could be a key growth driver as the country looks to expand both public and private investments in the next five years, according to businessman Manuel V. Pangilinan.
Although the Philippine government has slammed the door on the European Union, the latter's P2-billion aid to the Department of Health won't be included in the grants that the Duterte administration had rejected.

NLEX operator seeks toll hike, cites expansion work

The operator of the North Luzon Expressway (NLEX) is seeking approval to increase toll for expansion work it has undertaken.

His heart for business gave this Community Leadership Winner of Citi Microentrepreneurship Awards a sweet life

MANILA - “In business, hard work and perseverance are not enough. You also need a strategy and should like what you are doing and...

PH economic growth lower than expected at 6.4% in Q1

The Philippine economy grew by 6.4 percent in the first three months of 2017, the Philippine Statistics Authority (PSA) announced on Thursday, with the figure lower than the 7 percent expected by officials and the 6.8 percent from a BusinessWorld poll.

NO MORE G2G | Rice imports to be handled by private sector – Evasco

The National Food Authoriy council has agreed to allow rice imports but to leave this to the private sector, Cabinet Secretary Leoncio Evasco Jr. said.

PH gov’t braces for calamity-prone lean months, decides to beef up rice stock via importation

To brace for the calamity-prone lean months of July to September, the Philippine government has decided to beef up the country's rice buffer stock through importation.

WATCH | Meralco readies refund of P6.9B starting June

Meralco has laid down the mechanics for refunding P6.9 billion to its customers starting this June. This, after the company received the formal order from the Energy Regulatory Commission (ERC) to return to customers an average 75 centavos per kilowatthour every month until August.