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By Luis Leoncio Widespread protests have forced the Bureau of Internal Revenue (BIR) to defer until next year the implementation of a new requirement that the bigwigs of the business sector consider to be a redundancy and a violation of their right to privacy.

By Jerry Maglunog Rural banks or RBs, generally considered the main source of funds for small borrowers, are facing hard times. In fact, most of them face extinction.

Cebu City—The Cebu City Development Council infrastructure committee has approved some P3.5 billion worth of infrastructure projects proposed by the Department of Public Works and Highways-Cebu City Engineering District for 2015.

Malacañang has welcomed a Board of Investments (BOI) report that country had double-digit growth in the first quarter (Q1) for investment pledges supported by registrations on big-ticket projects in the energy sector.

Luis Leoncio Notwithstanding its investment grade from the three chief rating agencies, the Aquino administration failed to deliver on its promise to attract foreign direct investments (FDI) into the country, which many blame for the prevailing paradox of strong growth but widespread poverty, especially in the countryside.

“Horribly expensive.” This was how a former official of the World Bank whom the multilateral agency tapped for development projects in the Philippines described the cost—in both human and material terms—of giving up on the peace agreement with the Moro Islamic Liberation Front by rejecting the Bangsamoro Basic Law or BBL

Jerry Maglunog Problems bug the country’s automated teller machines (ATMs) ranging from the low load of cash to interconnection problems and the government is hard put trying to fix it.

Forbes Media LLC, publisher of what is considered as business bible Forbes, has chosen the Philippines for its 15th annual Forbes Global CEO Conference slated on October 12 to 14.

Lito U. Gagni Banco de Oro (BDO) Unibank breached the trillion-peso mark in its loan base last year registering a huge 31.5-percent surge to P1.2 trillion, as it pursued an aggressive lending strategy that netted low-margin corporate accounts.

Luis Leoncio President Aquino’s private-public partnership (PPP) program, once touted as the centerpiece of his administration, appears to have become nothing but a butt of jokes as his administration winds down a little more than a year from today. The reason: Only 19 percent of the 29 flagship projects that were assigned with costs have been completed during the four …