By Rose de la Cruz At P2.5 million monthly salary being asked by Maharlika Investment Corp. president/CEO Rafael Consing, this amount is atrocious and wicked for a country that is reeling from poverty, high unemployment and underemployment, a crisis in education, a yawning housing gap, a country in deep debt here and abroad and a healthcare system that is elusive …
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July, 2024
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17 July
PPP Center, USAID ink MOU for a robust pipeline of PPP projects in the Phl
By Rose de la Cruz The United States Agency for International Development and the Public Private Partnership Center, an agency under the National Economic and Development Authority, forged a memorandum of understanding to establish a collaborative framework for a robust pipeline of PPP projects for local government units (LGUs) and other USAID partner institutions in Bohol. The MOU was signed by …
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17 July
A Necessary Modernization
The Bureau of Internal Revenue’s (BIR) recent mandate requiring online sellers to pay withholding tax is a significant step toward modernizing the Philippines’ tax system. As e-commerce grows exponentially, the tax framework must evolve to ensure fairness and compliance for all businesses. For years, traditional brick-and-mortar establishments have shouldered their share of tax responsibilities, while online sellers have often enjoyed …
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17 July
BingoPlus is bringing the carnival feels to town for BP Day Cebu 2024
Get ready for a weekend of fun as BingoPlus, your comprehensive entertainment platform in the country and provider of your favorite online tongits, bingo, and perya games, prepares to bring BingoPlus Day Cebu Carnival to everyone in Cebu City on July 27, 2024. BingoPlus Day Cebu Carnival will be the first major brand event to be held outside of Metro …
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17 July
BingoPlus Raises the Fun at Aliwan Fiesta 2024
BingoPlus, your comprehensive entertainment platform in the country and provider of your favorite online tongits, bingo, and perya games, maintained its heartfelt support of Philippine culture during the Aliwan Fiesta 2024 at the Cultural Center of the Philippines (CCP) Complex. An annual gathering of different cultural festivals, the Aliwan Fiesta showcases the incredible variety of Filipino culture and the people’s …
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17 July
The Post Office launches commemorative stamps to mark PPA’s 50th founding anniversary
The Philippine Postal Corporation (The Post Office) collaborates with the Philippine Ports Authority (PPA) in the issuance of Commemorative Stamps to celebrate the PPA’s 50th anniversary of dedicated service and significant contributions to the nation’s port infrastructure and economic growth held at the historic Metropolitan Theater in Manila on July 11, 2024. This milestone event highlights PPA’s journey from its …
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17 July
Manila Water’s Ruhale-Bambang Line projected to serve 700,000 additional customers
Manila Water aims to expand its services to more than 700,000 additional Taguig customers with the construction of the P577 million Long Term East 3 (LTE 3) Ruhale-Bambang Felix Line. The 3.45-kilometer Ruhale-Bambang Felix Line pipelaying project will pass through the areas of Ruhale M. Natividad, Bambang Felix, DM Cruz, F. Manalo, Bantayan Extension, and Cayetano Blvd. and will provide …
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17 July
Mang Inasal delights international guests with Ihaw-Sarap treats in the 1st UN Tourism Forum
Mang Inasal, the Philippines’ Grill Expert, showcased some of the Philippines’ most iconic foods and brought it to a global stage at the first United Nations Tourism Regional Forum on Gastronomy Tourism for Asia and the Pacific. The event was hosted by the Philippine Department of Tourism (DOT), and held last June 26, at the Shangri-La Mactan Resort in Cebu …
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17 July
A-FLOW signs P2.4-billion Tranche 1 Loan of a P10.8-billion 10-Year Facility with LANDBANK
A-FLOW Properties I Corp. (A-FLOW), a joint venture between Ayala Land, Inc. (ALI) subsidiary AyalaLand Logistics Holdings Corp. (ALLHC) and FLOW Digital Infrastructure, and Land Bank of the Philippines (LANDBANK) announced the signing of a P2.4 billion loan agreement representing Tranche 1 of a P10.8 billion 10-year loan. The signing of the loan facility agreement underscores the mutual commitment to …
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16 July
Motorcycle taxis popularity is due to dismal public transport system
By Rose de la Cruz The continuing rise of preference by Filipino commuters to motorcycle taxis (habal habal) now at 60 percent is because of the government’s dismal performance in improving the public transport system on account of bureaucratic hitches, budgetary constraints and its obvious bias for privately-owned cars. A survey done by WR Numero Opinion Monitor, a research company, …
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The Market Monitor Minding the Nation's Business