HERMA SHIPYARD, INC. (HSI) said it launched a petroleum tanker with capacity of 18 mega barrels (MB) from its Bataan facility, saying it…
Economy
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THE Bases Conversion and Development Authority (BCDA) has signed a new memorandum of agreement (MoA) featuring higher annual lease payment for the Ninoy…
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THE PHILIPPINES was among the “lead reformers” in the Asia-Pacific region on trade facilitation, the Organisation for Economic Cooperation and Development (OECD) said…
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THE Bureau of Internal Revenue (BIR) won a P5.7-billion tax evasion case against a Chinese-run illicit cigarette business. In a statement on Tuesday,…
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ASIAN ECONOMIES must strengthen their cooperation and partnerships in the face of geopolitical tensions and global fragmentation, the Asian Development Bank (ADB) said.…
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THE Export Development Council (EDC) said it is hoping to release downgraded targets for the Philippine Export Development Plan (PEDP) next month. “We…
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EconomyEditor's Pick
Former Camp John Hay concession holder backs rights of condominium owners, golf shareholders
CJH DEVELOPMENT Corp. (CJHDevCo) urged the Bases Conversion and Development Authority (BCDA) to respect the rights of condominium unit owners and golf shareholders.…
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FINANCE Secretary Ralph G. Recto said the law offering value-added tax (VAT) refunds for tourists will have a multiplier effect on the economy…
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EconomyEditor's Pick
PEZA makes pitch to China manufacturers who could relocate to skirt Trump tariffs
THE Philippine Economic Zone Authority (PEZA) said is refocusing its efforts on attracting Chinese investment, betting that some companies there will try to…
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A BILL that seeks to set up a special economic zone (ecozone) in Marikina City has been filed at the House of Representatives.…