Business

Bacolod business leaders upbeat on countryside dev’t

BACOLOD CITY -- Officials of the Metro Bacolod Chamber of Commerce and Industry (MBCCI) expressed optimism that development would spread to the countryside once the proposed solutions of the Philippine Chamber of...

Assets of Batangas coops reach P6.5-B , P2.2-B members’ equity

BATANGAS CITY – The total assets of 319 cooperatives across Batangas province reached PHP 6.5 billion this year, the Provincial Cooperative, Livelihood and Enterprise Development Office (PCLEDO) reported Friday. Jenelyn A. Aguilera, chief...

Diokno positive on oil excise tax hike suspension

MANILA -- Budget Secretary Benjamin Diokno is optimistic that the proposed suspension of the fuel excise tax hike for 2019 will push through but said reviews will be done, including an outlook...

BIR-QC names execs of Uniwide, 7 other firms in tax raps

MANILA -- A business process outsourcing (BPO) provider and a decades-old textile wholesaler were among the eight firms named by revenue officials in criminal tax charges on Friday. In a statement, the Bureau...

4 energy reform measures to cut power bill by 15%

MANILA -- Four pieces of legislation being pushed at the Senate would lower power costs by up to 15 percent, Senator Sherwin Gatchalian said Thursday. These bills shall be passed simultaneously to ensure...

Only 20% of PH’s small banks ready for digitalization: report

MANILA -- Officials of thrift and rural banks, as well as microfinance institutions and cooperatives, recognize the importance of digitalization in their operations but only about 20 percent of them are ready...
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