Buckets of fish are sold at the Navotas fish port in this file photo. — PHILIPPINE STAR/MICHAEL VARCASTHE Department of Budget and Management (DBM) said it has approved the release of P6.037 billion to finance fishport infrastructure improvements.In a statement on Monday, the DBM said
REUTERSTHE PHILIPPINES has expressed interest in working with Norwegian energy companies in developing renewable energy (RE) sources, the Philippine Embassy in Oslo said on Monday.At a forum on the Norwegian RE industry earlier this month in Oslo, Philippine Ambassador to Norway Enrico T. Fos pitched Southeast
PHILSTARLEGISLATORS should fast-track the passage of a measure that lays down the policy for land use, according to the Philippine Institute for Development Studies (PIDS).It said the creation of an objective plan to utilize the land will address the scarcity of land resources as well
BW FILE PHOTOLAND BANK of the Philippines (LANDBANK) said it is planning to launch online lending platforms for local government units (LGUs) and micro, small and medium enterprises (MSMEs).“We are heavily investing in enhancing our digital infrastructure to ensure seamless service delivery across our online
In our previous article, “Taxation of cross-border services,” we featured Revenue Memorandum Circular (RMC) No. 5-2024, in which the Bureau of Internal Revenue (BIR) clarified the proper tax treatment of cross-border services in light of the Supreme Court En Banc Decision in Aces Philippines Cellular
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<?xml encoding="utf-8" ?????????>Labour is unveiling plans to invest in building floating wind farms off Britain’s coast as part of its strategy to enhance the country’s energy security and reduce reliance on foreign energy sources.Sir Keir Starmer, the leader of the Labour Party, will announce the
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<?xml encoding="utf-8" ?????????>The EU has launched investigations into three tech giants—Alphabet (Google’s parent company), Meta (formerly Facebook), and Apple—over potential violations of the Digital Markets Act (DMA) introduced in 2022.Margrethe Vestager, the EU’s antitrust boss, and Thierry Breton, the industry head, announced the investigations, which
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<?xml encoding="utf-8" ?????????>Theo Paphitis, the retail tycoon behind brands like Ryman and Boux Avenue, has joined other British retailers in urging for a crackdown on a tax loophole exploited by Chinese retail giants such as Temu and Shein.Paphitis highlighted that many overseas companies are avoiding
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<?xml encoding="utf-8" ?????????>The British government is set to accuse China of launching a “malign attack” on the country’s democratic institutions following a cyberattack on the Electoral Commission.It is reported that the cyberattack lasted over a year, during which China accessed the personal details of 40
After a corrective action in the previous week, the Markets continued to wear a tentative look throughout the past week as well. In the previous technical note, it was mentioned that the level of 22525 has now become an intermediate top for the markets and
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