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Philippines
Saturday, May 4, 2024

Darwin G. Amojelar

NLEX spending P8b to expand road network

The North Luzon Expressway is pouring over P8 billion to expand its network to improve traffic flow and connectivity. NLEX Corp. president and general manager...

DOF drafts agreement to prevent double-taxation on Filipinos in Cambodia

The Department of Finance (DOF) said completed a draft double taxation agreement (DTA) with Cambodia to protect Filipinos’ taxing rights and increase trade and...

GCash agrees to offer cash loans to eligible online sellers on Lazada

GCash, through its lending arm Fuse Lending, Inc., teamed up with e-commerce platform Lazada Philippines to help support Filipino entrepreneurs by offering cash loans...

House to follow Senate’s lead on Cha-cha

The House of Representatives will take its cue from the Senate, which will now take the lead on the proposal to amend the restrictive...

Amend charter for more foreign investors — PH

Former finance secretary Margarito B. Teves is urging senators to remove the restrictive provisions in the 37-year-old Philippine Constitution to lift the country from its...

Manufacturing gauge climbed in April—S&P

The Philippines’ manufacturing sector further improved in April 2024 amid strong demand, according to the latest S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI). “Strong...

PAL booked $81-m income in first quarter

Philippine Airlines (PAL) said Thursday its comprehensive income fell 25 percent in the first quarter to $81 million from $108.2 million in the same...

MPTC to buy stake in Indonesian toll operator by August

Metro Pacific Tollways Corp. (MPTC) expects to finalize the acquisition of a 35-percent stake in an Indonesian state-owned toll road operator by July or...

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