Recent Posts

Bajaj features mobile café 

Black Drip Cafe, which started from a tricycle cart and expanded to a physical store, is now leveling up its business again with the help of the Bajaj Maxima Z. There’s now a more reliable mobile café on wheels reaching more coffee lovers in every corner of Cavite.  Bajaj Maxima Z is the first choice in Black Drip Cafe’s brewing …

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Honda joins Laguna coastal clean-up

Honda Foundation, Inc. participated in the Sta. Rosa City Environment and Natural Resources Office International Coastal Clean-up Day celebration in Barangay Caingin, Sta. Rosa, Laguna. Over 2,000 volunteers from various government offices, private companies, schools, organizations, and volunteer groups participated in an effort to highlight the value of environmental stewardship and the negative impacts that negligence may have on marine …

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Shell Mekaniko League 2025 showcases champion ‘mekanikos’

The Shell Mekaniko League 2025, Shell Pilipinas Corporation’s largest mechanic competition with more than 2,000 participants from 26 provinces that started last March, produced the grand champion in both the car and motorcycle division during the Grand Finale last Sunday at the Le Pavilion in Pasay City. Mark Anthony Calimag was adjudged the 2025 national champion of the Shell Helix …

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PSEi extends slide on flood control scandal; peso holds steady

Investor jitters over alleged anomalies in government flood control projects dragged the Philippine Stock Exchange index (PSEi) lower for a fifth straight day Friday, while the peso closed flat against the US dollar. The PSEi slipped 0.25% to 6,027.12, while the broader All Shares index shed 0.24% to 3,644.80. Property (-1.55%), Services (-0.88%), and Holding Firms (-0.12%) pulled the market …

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Starbucks to cut Jobs, shut stores amid sales slump

Starbucks announced Thursday that it will slash nearly 900 non-retail jobs and close dozens of stores in North America as part of a restructuring plan to curb costs. The US-based coffee giant said its company-operated store count in the region will shrink by about 1% in fiscal year 2025, bringing the total to nearly 18,300 outlets across the US and …

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BOI eyes release of updated SIPP by year-end

The Board of Investments (BOI) is targeting to release the updated 2025–2028 Strategic Investment Priority Plan (SIPP) before the year ends, a senior official said Friday. BOI Investment Promotions Services Executive Director Evariste Cagatan said the refined version, which will require approval from the BOI Board and the Office of the President, will expand the list of sectors eligible for …

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D&L subsidiaries secure two-year tax holiday extension from PEZA

Two subsidiaries of D&L Industries, Inc. have secured a two-year extension of their Income Tax Holiday (ITH) for their manufacturing facilities in Tanauan, Batangas. In a disclosure to the Philippine Stock Exchange on Friday, D&L said the Philippine Economic Zone Authority (PEZA) granted Pioneer Status to D&L Premium Foods Corp. (DLPF) and Natural Aeropack Corporation (NAC), moving their ITH expiry …

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Housing prices up 7.5% in Q2

Residential real estate prices in the Philippines rose by 7.5% in the second quarter of 2025, slightly slower than the 7.6% increase recorded in the first quarter, the Bangko Sentral ng Pilipinas (BSP) reported Friday. Areas Outside the National Capital Region (AONCR) drove the growth with an 11.5% increase, while prices in Metro Manila rose by 2.4%. By housing type, …

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APECO taps private partner for Super Health Center operations

The Aurora Pacific Economic Zone and Freeport Authority (APECO) has partnered with medical device distributor Freya to equip and train personnel for its ₱16.83-million Super Health Center in Casiguran, Aurora, which is expected to open this December. APECO president and CEO Gil Taway IV and Freya managing director Emmanuel Cueto formalized the agreement in Parañaque City on Thursday. Taway said …

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Phl, Singapore begin talks to update 1977 tax deal

The Philippines and Singapore have started negotiations to update their nearly five-decade-old Double Taxation Agreement (DTA), the Department of Finance (DOF) announced Thursday. The first round of talks was held in Manila from Sept. 2 to 4, covering measures to eliminate double taxation on income and prevent tax evasion and avoidance. Finance Secretary Ralph Recto said the review is long …

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