Some nonprofit hospitals, schools may have to pay 25% income tax, BIR says
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PRIVATE SCHOOLS and nonprofit hospitals may have to pay the 25% regular corporate income tax if their gross income from unrelated business…
Bulk prices hit 7-year high in 2021
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A man carries a sack of rice from a truck to a rice store in Divisoria, Manila, March 31. — PHILIPPINE STAR/…
PXP Energy suspends exploration on DoE directive
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PXP Energy Corp. and its subsidiary Forum (GSEC 101) Ltd. have put on hold activities for two petroleum exploration service contracts as…
Power rates up in April as generation charge rises
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CUSTOMERS of Manila Electric Co. (Meralco) will see more than a 50-centavos per kilowatt-hour (kWh) increase in their electricity bill in April…
Global-Estate posts P1.3-B profit on strong demand, sales growth
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MEGAWORLD Corp. subsidiary Global-Estate Resorts, Inc. (GERI) announced on Monday that its income attributable to parent company shareholders grew by 21% P1.3…
Preserving the memories of a film
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FOR author, playwright, screenwriter, and film scholar Clodualdo “Doy” Del Mundo, Jr., evoking sadness in the reader of his books is never…
PT&T targets to connect 7M homes, businesses in next two years
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LISTED diversified telecommunications company Philippine Telegraph and Telephone Corp. (PT&T) announced on Monday that it plans to further expand its coverage in…
Why Ed Sheeran’s court victory sounds good for the music industry
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ED SHEERAN THERE’s a good chance you’ve heard a song by Ed Sheeran called “Shape of You.” It’s been streamed over 3…
Peso sinks to P52:$1 level on hawkish Fed, ongoing war
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BW FILE PHOTO THE PESO sharply retreated to return to the P52 level versus the greenback on Monday amid hawkish signals from…
Stocks drop ahead of March US inflation report
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BW FILE PHOTO SHARES declined on Monday amid a shortened trading week and ahead of the release of US inflation data, which…