Volunteerism has been a key part of Globe's corporate culture through its various employee engagement programs. In contributing to nation-building, the company is encouraging its employees and customers to actively support community engagement programs this International Volunteer Day (IVD). IVD, as mandated by the United Nations General Assembly, is an annual celebration marked every December 5 and is viewed as ...

DPWH's major road construction, improvement and rehabilitation programs have seen more than 2,436 km of completed roads across the country. A state spending ban before the 2022 Philippine elections is expected to disrupt government infrastructure projects and delay reforms, according to an inter-agency body that sets macroeconomic goals. A new government next year could also affect development priorities, which could ...

DPWH's major road construction, improvement and rehabilitation programs have seen more than 2,436 km of completed roads across the country. A state spending ban before the 2022 Philippine elections is expected to disrupt government infrastructure projects and delay reforms, according to an inter-agency body that sets macroeconomic goals. A new government next year could also affect development priorities, which could ...

The Bureau of Internal Revenue (BIR) has released the rules that will enforce a measure increasing the taxes on offshore gaming operators in the Philippines. Under the rules, offshore gaming licensees -- mostly Chinese-operated -- that have failed to register or paid or even underpaid taxes will be penalized. Under the law enacted in September, licensed offshore gaming operators will ...

BW FILE PHOTO The Philippine central bank on Friday raised P100 billion from its auction of 28-day bills, with rates rising after hawkish signals from the US Federal Reserve. The Bangko Sentral ng Pilipinas (BSP) fully awarded the short-term bills, with demand reaching P102.042 billion, lower than in the previous auction. Banks sought yields of 1.76% to 2.09% -- wider ...

PHOTO BY BERNARD HERMANT THE Department of Trade Industry (DTI) needs to set new suggested retail prices (SRPs) for basic necessities to reflect increased consumer demand, food manufacturers said. In a statement Friday, the Philippine Chamber of Food Manufacturers Inc. (PCFMI) said: "The last release of the SRP bulletin happened in September 2019. As a result, food manufacturers are struggling ...

REUTERS THE PHILIPPINE participation in the Regional Comprehensive Economic Partnership (RCEP) trade deal will help revive the slumping economy after the pandemic, the Department of Trade and Industry said in Senate testimony. "RCEP is expected to promote economic efficiency of member states, linking their strengths in manufacturing, technology, agriculture, and natural resources, and it will reinforce their global value chain ...

REUTERS FARM consolidation in order to achieve efficiencies through scale is required to transform agriculture in the Philippines, where farmers tending small plots have become the norm, the World Bank said. "To succeed, efforts at clustering and consolidation need to be voluntary, built on trust and confidence, and collaborative relationships among stakeholders whether they are farmers, communities, municipalities, other local ...

philstar The Department of Science and Technology (DoST) said mango farmers need to upgrade their planting and cultivation know-how if they are to meet the export market's requirements for supply and quality. At a virtual conference Thursday conducted by the DoST's Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development (PCAARRD), participants said mango farmers have been failing ...

philstar Malacanang has ordered the dissolution of Northern Foods Corp. (NFC) calling it no longer cost-effective and at odds with the government's development policy. Executive Secretary Salvador C. Medialdea, on the President's authority, signed Memorandum Order No. 58 which would dissolve the NFC, which has incurred net losses since its founding except in 1989, 1995, and 2010. The NFC was ...