BW FILE PHOTOAMBIGUITIES in the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act are serving as a brake on investment, with amendments to the law expected to clear up any uncertainties for investors, property consultancy Colliers said.“The government must respond immediately… as maintaining the

REUTERSTHE Department of Trade and Industry (DTI) said German companies are exploring opportunities to invest in minerals processing operations in the Philippines.“Germany has consistently ranked as a top trade and investment partner, and 2023 was a record-breaking year,” Trade Secretary Alfredo E. Pascual said in

PHILIPPINE STAR/ WALTER BOLLOZOSTHE Department of Agriculture (DA) said about 90,000 to 100,000 metric tons (MT) of imported frozen fish meant for canning and processing are being diverted to wet markets each year.Agriculture Secretary Francisco P. Tiu Laurel, Jr. said Fisheries Administrative Order (FAO) No.

SCHOOL children wait on one side of a flooded road in Baao, Camarines Sur. — NDRRMC LOWER MIDDLE-INCOME countries like the Philippines will need to invest the equivalent of 5% of their gross domestic product (GDP) to address the ongoing climate crisis, according to the World

THE Philippine Institute for Development Studies (PIDS) urged legislators to reinstate the 5% royalty on gross output of mineral products, citing the need to collect more revenue from miners.“As it stands, the revenue from mining activities accruing to local and national counterparts seems inadequate. Further

ASIANTERMINALS.COM.PHTHE record trade deficit posted in 2023 has been revised upward to $52.59 billion from the $52.42 billion initially reported, the Philippine Statistics Authority said.The value of merchandise exports in 2023 was revised upward to $73.62 billion from $73.52 billion previously.Imports were also revised upward

PHILSTAR FILE PHOTOTHE domestic trade in goods rose 25.8% by value in 2023 reflecting higher domestic consumption and production amid inflationary pressures, the Philippine Statistics Authority (PSA) said on Wednesday.According to the PSA’s final Commodity Flow in the Philippines report, the value of trade in

Every year, accountants and auditors undergo a unique form of penance during Holy Week, extending their hours or even sacrificing sleep to ensure the timely filing of Annual Financial Statements (AFS).In response to the prayers of our accountants and auditors, and to alleviate congestion in

BRP SIERRA MADRE, a marooned transport ship which Philippine Marines live in as a military outpost, sits on the disputed Second Thomas Shoal, part of the Spratly Islands in the South China Sea. — REUTERSTHE PHILIPPINES is prepared to respond to China’s attempts to foil

PHILSTARPHILIPPINE deaths from pertussis or whooping cough have risen to 49 who were mostly children, health authorities said on Tuesday night.In a statement, the Department of Health (DoH) said it had logged 862 cases of pertussis as of March 23.“This sharp rise is also being