West Cebu Estate expansion attracts four locators

FOUR LOCATORS are expected to set up shop in the expansion of West Cebu Estate (WCE), the Philippine Economic Zone Authority (PEZA) said. In a...

Green lane-eligible projects valued at P3.2 trillion

THE Board of Investments (BoI) said that 13 more renewable energy (RE) projects were endorsed for green lane treatment, bringing investments eligible for expedited...

PHL seen developing MICE-destination niche

COMPANIES constantly looking for new destinations for meetings, incentives, conferences, and exhibitions (MICE) could be a potential market the Philippines can target, World Travel...

Travel trade show expected to top year earlier P250M in sales leads

THE Tourism Promotions Board said it is hoping to generate sales leads at the Philippine Travel Exchange (PHITEX) 2024 exceed the year-earlier level. “Last year,...

Has the income tax refund process become easier?

By John Edgar Maghinay
The Ease of Paying Taxes (EoPT) Law is expected to somehow do away with certain burdensome practices in taxation, including the process of claiming...

Strong demand for aviation workers triggers training push

THE Department of Transportation (DoTr) said it is studying ways to build up the pipeline of aviation-industry workers due to strong global demand. Transport Undersecretary...

PHL farm trade deficit widens 13.8% in Q2

THE deficit in the trade of agricultural goods expanded 13.8% year on year in the second quarter to $3.07 billion, according to preliminary data...

Power spot prices fall in August on ample supply

ELECTRICITY PRICES at the Wholesale Electricity Spot Market (WESM) fell in August with supply ample in the face of strong demand, the Independent Electricity...

PHL franchise brands sign P750 million in firm deals at Melbourne trade show

SIX FRANCHISE brands participating in the Franchising & Business Opportunities Expo in Melbourne booked P750 million in firm deals, according to the Philippine Franchise...

Bangsamoro gov’t authorized to enter into foreign-aid deals under new ODA guidelines

THE Intergovernmental Fiscal Policy Board (IFPB) approved on Tuesday guidelines authorizing the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) to contract its own official development...

Newly proclaimed ecozones in Iloilo, Batangas valued at P1.05 billion — PEZA

THE Philippine Economic Zone Authority (PEZA) said that the recently proclaimed economic zones by President Ferdinand R. Marcos, Jr. will involve combined investment of...

S. Korean aid agency in tie-up to expand livestock forage

THE Philippine Carabao Center (PCC) said that it has entered into a partnership with the Korea International Cooperation Agency to improve forage production for...