Source : BusinessMirror

The Philippines’ largest group of labor federations on Monday filed a petition seeking for a P470 increase in the daily minimum wage of workers in the capital region, bringing it to P1,007...

Read More

The Food and Drug Administration (FDA) has approved the emergency use of China’s Sinovac COVID-19 vaccine for children as young as 6 years old...

Read More

The government has further tightened the monitoring of trade and commerce in online shopping channels with the issuance of Joint Administrative Order 22-01, consolidating all existing rules and guidelines on online businesses...

Read More

The vulnerable transport sector is again the most affected by the new round of hikes in local pump prices of petroleum products, with diesel getting hit by the biggest double-digit increase...

Read More

The Philippines’ strong macroeconomic fundamentals, coupled with its limited trade links to Russia and Ukraine, will insulate the economy from any impact of the continuing war between the two European countries, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Monday...

Read More

The Fiscal Incentives Review Board (FIRB) should consider extending the hybrid work-from-home (WFH) arrangement for Information Technology and Business Process Outsourcing (IT-BPO) firms following the surge in fuel prices, according to the Philippine Economic Zone Authority (PEZA)...

Read More

The Central Bank wants to require lenders to allocate credit for the development of new technologies and innovations for various services...

Read More

The University of Perpetual Help System DALTA (UPHSD) Las Piñas announced that it has partnered with two academic institutions in Malaysia and Thailand to launch a nanosatellite by 2023, which aims to gather data on marine traffic and greenhouse gases...

Read More

The Department of Social Welfare and Development (DSWD) has shifted the form of issuing grants to millions of family-beneficiaries under the Pantawid Pamilyang Pilipino Program (4Ps) from the previous cash cards to the more efficient, safe and inclusive transaction accounts with the Land Bank of the Philippines...

Read More

Japan's Nomura Holdings Inc. has trimmed its Philippine growth forecast for this year to 6.3 percent from 6.8 percent, pointing to fallout from Russia's ongoing invasion of Ukraine...

Read More

The Department of Foreign Affairs (DFA) on Monday said it had summoned Chinese Ambassador to the Philippines Huang Xilian after a People’s Liberation Army-Navy (PLAN) ship illegally entered the Sulu Sea and stayed there for three days...

Read More

The Russia-Ukraine crisis may have a less severe impact on the local economy due to the country’s limited exposure to both countries, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said...

Read More

Hitachi Ltd. is planning to roll out its digital payment solutions in the Philippines as the Japanese conglomerate ramps up its business in the country...

Read More

The Department of Foreign Affairs (DFA) summoned yesterday Chinese Ambassador Huang Xilian over the People’s Liberation Army-Navy (PLAN) vessel’s illegal incursion and lingering presence in the Sulu Sea...

Read More

Russia may default on its debts in the wake of unprecedented sanctions over its invasion of Ukraine, but that would not trigger a global financial crisis, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Sunday. ..

Read More

Ukrainian President Volodymyr Zelensky warned NATO Monday that its member states would soon be attacked by Russian forces after an air strike hit a Ukrainian military base close to the Polish border...

Read More

Agricultural ministers in Asia and the Pacific, including the Philippines, have committed to promote the use of socio-technical innovations to improve food systems that will reduce hunger and malnutrition, and enhance food security in the region, according to the Department of Agriculture (DA)...

Read More

Facebook owner Meta Platforms said on Sunday, March 13, it is further narrowing its content moderation policy for Ukraine to restrict calls for the death of a head of state, according to an internal company post seen by Reuters...

Read More

US national security adviser Jake Sullivan on Monday raised concerns with Chinese diplomat Yang Jiechi about China’s alignment with Russia, as Washington warned of the economic penalties and global isolation that Beijing would face if it helps Moscow in its invasion of Ukraine...

Read More

United Nations Secretary-General Antonio Guterres on Monday sounded the alarm over Russia raising the alert level for its nuclear forces after invading Ukraine, describing it as a "bone-chilling development"...

Read More

French health authorities reported 18,853 new COVID-19 infections on Monday, a figure showing a week-on-week increase for the tenth consecutive time on the day France lifted most of the restrictions put in place to contain the pandemic...

Read More

One in four children with COVID-19 symptoms develop "long COVID," according to data pooled from 21 earlier studies conducted in Europe, Asia, Australia and South America...

Read More

Omicron particles remain infectious on surfaces for longer periods than particles of the original SARS-CoV-2, according to laboratory experiments...

Read More

Power plants being proposed by the United States to the Philippines as part of their cooperation on energy security are safer, smaller, cheaper, Ambassador to the US Jose Manuel Romualdez said Monday...

Read More

UN biodiversity negotiations began in Geneva on Monday to hammer out a global deal to better protect nature that is due for approval later this year...

Read More

Asian markets mostly fell Monday as traders track developments in the Ukraine war and diplomatic efforts to bring the crisis to an end, while this week's Federal Reserve meeting is in focus as it prepares to start lifting interest rates...

Read More

UN biodiversity negotiations began in Geneva on Monday to hammer out a global deal to better protect nature that is due for approval later this year...

Read More

Minimum wage earners in Metro Manila should receive a daily pay of at least P1,000 to cope with price shocks and avert hunger, the Trade Union Congress of the Philippines (TUCP) said on Monday...

Read More

The Philippine Economic Zone Authority (Peza) said it would ask a review board headed by Duterte’s chief economic manager to reconsider a decision requiring business process outsourcing (BPO) firms back in the office by April 1...

Read More

The Department of Transportation (DOTr) was urged by the transport sector and the city government here to slow down on its jeepney modernization program, given the impact of Russia’s invasion of Ukraine on fuel prices, and allow the industry to recover from two years of the COVID-19 pandemic...

Read More

The Energy department on Monday summoned oil companies to explain the higher-than-expected fuel price hike, and to ask them to consider staggering this week’s price increase...

Read More

Complaints against online businesses have declined after the easing of quarantine restrictions, which allowed sellers to normalize their operations, the Department of Trade and Industry (DTI) said...

Read More

The Department of Environment and Natural Resources (DENR) will intensify compliance monitoring of business establishments in the Manila Bay region...

Read More

Personnel of the Bureau of Customs at the Ninoy Aquino International Airport (BOC-NAIA) are prepared for the influx of local and foreign tourists after the government has fully reopened the country to vaccinated travelers...

Read More

The Philippine Red Cross has started vaccinating against COVID-19 children aged five to 11, PRC chairman and Sen. Richard Gordon said yesterday...

Read More

The Civil Service Commission (CSC) registered a record-high turnout during the nationwide career service examinations on Sunday...

Read More

If global crude prices will linger at $100 per barrel or higher amid the escalating Russia-Ukraine war, the Department of Finance (DOF) is eyeing up to P20.3 billion ‘war chest’ that the national government can funnel as fuel subsidy to critical sectors – primarily to public utility vehicle (PUV) drivers as well as farmers and fishermen...

Read More

Presidential aspirant Ferdinand “Bongbong” Marcos Jr. and his running mate Sara Duterte-Carpio will still be allowed to join the debates organized by the Commission on Elections (Comelec), in case they have a last-minute change of heart and show up on the day of the highly-anticipated event...

Read More

The Philippines has imposed a total ban on the deployment of its workers to Ukraine as the country battles Russian invaders, a government official said on Monday...

Read More

The government plans to distribute fuel subsidies to more than 377,000 drivers of public utility vehicles in the next two weeks, but the assistance for millions of tricycle drivers remains uncertain...

Read More

The Department of Foreign Affairs said it would open courtesy lanes in all of its consular offices to accommodate more passport applicants...

Read More

Philippine stocks saw another sharp selloff on Monday as inflationary pressures caused by the Russian invasion of Ukraine weighed on the county’s growth outlook while the US Federal Reserve nears a decision to raise interest rates this week...

Read More

The country’s frozen pork stockpile declined for the third straight week, while repopulation efforts are helping improve local pork supplies...

Read More

With more expensive oil, the government so far generated P3 billion in excess of its value-added tax (VAT) collection program as of end-February, which will fund the additional fuel subsidies and discounts to be given away next month...

Read More

Rising foreign direct investment (FDI) flows despite tax perk-seeking projects trending lower meant that more and more foreigners investing in the Philippines were no longer in need of fiscal support, the Department of Finance (DOF) said...

Read More

Small and medium enterprises (SMEs) are expected to find it difficult to meet wage demands being made as prices rise, because they have yet to recover from the coronavirus disease 2019 (COVID-19) pandemic, a Palace adviser said...

Read More

The Bureau of Internal Revenue (BIR) said it collected P44.6 billion worth of tax from online content creators and retail sales by the end of 2021, BIR Assistant Commissioner Larry M. Barcelo said in a presentation at the House Ways and Means Committee hearing...

Read More

Government must pursue a more progressive taxation system and improve its tax administration to address the fiscal constraints in providing universal social protection in the country, experts said...

Read More

The Philippines imported 46 percent more meat in the first two months of the year, mainly driven by pork imports, according to the Bureau of Animal Industry...

Read More

Uncertainties brought about by the ongoing war between Russia and Ukraine may affect an expected strong recovery in cargo flows, according to a top executive of ports operator International Container Terminal Services Inc. (ICTSI)...

Read More

The downside risks of increasing commodity prices, caused by Russia’s invasion of Ukraine, on Asia-Pacific currencies are seen to be the strongest in the Philippines and India as they are net commodity importers, according to Oxford Economics...

Read More

Brace yourselves for some price increases before long. The Department of Trade and Industry said Monday prices of canned sardines might push up soon, but bread costs would remain stable for the next three months...

Read More

JAPAN'S Nomura Holdings Inc. has trimmed its Philippine growth forecast for this year to 6.3 percent from 6.8 percent, pointing to fallout from Russia's ongoing invasion of Ukraine...

Read More