Schneider Electric hosts Innovation Day Philippines 2023
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Schneider Electric, a global specialist in digital transformation of energy management and automation, will host Innovation Day 2023 on March 28 at…
BIR eyes ways to tax online sellers
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RUPIXEN.COM/UNSPLASH THE BUREAU of Internal Revenue (BIR) is looking to collect taxes from online sellers on e-commerce platforms more efficiently. BIR Commissioner…
Benchmark rate may reach 6.75% this year — Nomura
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A vendor arranges eggs in boxes at a store along Blumentritt in Manila. — PHILIPPINE STAR/WALTER BOLLOZOS By Keisha B. Ta-asan, Reporter…
Finance dep’t studying feasibility of carbon tax
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The Philippines has committed to reduce its greenhouse gas emissions by 75% by 2030. — PHILIPPINE STAR / MICHAEL VARCAS By Luisa…
Nat’l Government gross borrowings drop in 2022
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BW FILE PHOTO GROSS BORROWINGS by the National Government declined 16% to P2.16 trillion in 2022, the Bureau of the Treasury (BTr)…
SEC readies ‘blue’ bonds framework
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IIIJAOYINGIII-PIXABAY THE Securities and Exchange Commission (SEC) is set to release a “blue” bond framework that could drive funds to support the…
MPIC plans to list units, ‘aggressive’ farm foray
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METRO Pacific Investments Corp. (MPIC) is considering a market listing for some of its subsidiaries after their projects’ completion while aggressively investing…
Ayala Corp. expects return to pre-pandemic income
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AYALA Corp. expects the return of its net income to pre-pandemic levels as the listed conglomerate projects its core value drivers to…
New San Jose Builders expects P7B from Malate project
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REAL estate developer New San Jose Builders, Inc. (NSJBI) is expecting to generate P7 billion in revenues from its flagship Manila project,…
ERC to review Meralco-GNPD power deal
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THE Energy Regulatory Commission (ERC) will review if the emergency power supply deal between Manila Electric Co. (Meralco) and Aboitiz Power Corp.’s…