By Rose de la Cruz Has tycoon Ramon S. Ang of multi-diversified San Miguel Corp. finally decided to scrap or drop the P100-billion Pasig River tollway project, or as he clarified in a business paper, he is just contemplating and weighing the public sentiment against the cost-benefit of pursuing the project? This remains the biggest question todate, but already there …
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By Rose de la Cruz Filipinos do not figure in the top and bottom World Happiest Index of Gallup for 2024 but we did land on 2nd in the Association of Southeast Asian Nations, next only to Singaporeans. For the seventh consecutive year, Finland topped the 2024 World Happiness Report of Gallup, the UN, and the University of Oxford. The …
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By Rose de la Cruz The Electric Vehicle Association of the Philippines (EVAP) – a legitimate industry group just like the car manufacturers – is pushing for tax breaks to e-motorcycles to help create a local e-vehicle manufacturing in the country. Needless to say that e-motorcycles and other electric transport systems are mostly imported. The government just recently granted tax …
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Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO Alejandro H. Tengco on Monday, March 18, led the inauguration of two newly completed multi-purpose centers in the towns of San Manuel and Victoria in the province of Tarlac. Mr. Tengco said the state gaming agency provided a total of Php100 million for both of the two-story projects. “Naglaan ang PAGCOR …
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The re-enactment of the Freedom March or Death March in Bataan was concluded over the weekend with a cultural presentation depicting Filipino and American soldiers being herded into the internment camp by their Japanese captors. Mike Villa-Real, vice president for marketing and communications of Philippine Veterans Bank (PVB), announced Friday the start of the re-enactment of the fateful march the …
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President Ferdinand Marcos Jr. eyes to explore trade in meat products as he expresses interest to the medicines used by the Czech Republic to ensure the quality of meat and livestock products in the country. In an interview with the Philippine media delegation during his three-day state visit to Czech Republic, President Marcos said the Department of Agriculture (DA) is …
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National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday called for the passage of the ‘Konektadong Pinoy Bill’ or the Open Access in Data Transmission Bill to strengthen the country’s internet infrastructure and enhance digital connectivity. “NEDA supports the advocacy for the passage of the Open Access Bill, or its newest iteration, the Konektadong Pinoy Bill. This landmark …
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The government has so far completed the printing of over 60 percent of the physical copies of the national identification cards (IDs), according to the Philippine Statistics Authority (PSA). During the Bagong Pilipinas Ngayon briefing on Friday, Philippine Identification System (PhilSys) Registry Office Deputy National Statistician Fred Sollesta said the Bangko Sentral ng Pilipinas (BSP) has so far printed 54 …
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The Philippine Chamber of the Pharmaceutical Industry (PCPI), the major industry group of Filipino-owned pharmaceutical companies, on March 7, inducted its 2024 Board of Directors and Officers in its first General Assembly for 2024 that featured Director-General Dr. Samuel A. Zacate of the Food and Drug Administration (FDA) and Director-General Ernesto Perez of the Anti-Red Tape Authority (ARTA). During the …
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The national government posted a budget surplus of PHP88 billion in January this year, up by more than 90 percent from a year ago’s PHP45.7 billion. “The fiscal outturn was brought about by a faster 21.15% year-over-year increase in revenue collection outpacing the 10.39% expansion in government spending,” the Bureau of the Treasury (BTr) said in a report on Friday. …
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The Market Monitor Minding the Nation's Business
