Shares climb as market awaits firms’ Q3 results
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PHILIPPINE STOCKS continued to post gains on Tuesday on bargain hunting ahead of third- quarter earnings season and with rate hike concerns…
New vaccines seen necessary against new strains of Omicron
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THE Philippines may need to bring in new vaccines to deal with emerging subvariants of the coronavirus disease 2019 (COVID-19) omicron strain…
Grab-Move It deal falls below threshold for regulatory review
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THE Philippine Competition Commission (PCC) said on Tuesday that Grab Philippines’ acquisition of motorcycle taxi firm Move It does not require its…
Electricity spot market prices rose in early Oct.
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THE Independent Electricity Market Operator of the Philippines (IEMOP) said the average electricity spot market price in early October rose to P9.31…
Supermarkets may stop selling sugar if gov’t sets P70/kg price
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PHILIPPINE STAR/ MICHAEL VARCAS A PLAN announced by the Department of Agriculture (DA) and the Sugar Regulatory Administration (SRA) to set the…
Tax ‘leakage’ from POGOs estimated at P1.9B as of August
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AIDAN HOWE-UNSPLASH THE tax “leakage” due to incorrect payments by Philippine Offshore Gaming Operators (POGOs) was estimated at P1.9 billion in the…
Philippines unlocks film financing deals with France under UN pact
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REUTERS THE Philippines has approved funding allowing it to participate in a United Nations (UN)cultural convention, unlocking future film financing deals with…
House panel pushing measures to reduce cost of remittances
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REUTERS LEGISLATION to bring down the cost of remittances sent by overseas Filipino workers (OFWs) will be the House Committee on Overseas…
High fuel prices seen dampening fisheries output in fourth quarter
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PHILSTAR FISHERIES production in the fourth quarter is expected to suffer due to high fuel prices, which prevented many fisherfolk from heading…
Philippine Justice chief rejects resignation calls
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PHILIPPINE STAR/ KRIZ JOHN ROSALES THE PHILIPPINES’ Justice chief on Tuesday rejected calls for his resignation after police arrested his son for…