Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. announced on Friday that he has tendered his courtesy resignation to give President Ferdinand R. Marcos Jr. the opportunity to assess his performance. In a statement shared on social media, Lumagui expressed his full support for the President’s emphasis on accountability in public service. “This call for accountability shows the commitment …
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Ride-hailing platform inDrive has joined forces with SEAOIL Philippines, Inc. to introduce a driver loyalty program aimed at offering rewards and incentives to its driver network. At the ceremonial signing in Quezon City last week, Vanessa Taqueban, inDrive’s driver operations lead in the Philippines, explained that the partnership seeks to foster a sustainable and empowering environment for their drivers. “Together, …
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Department of Trade and Industry (DTI) Secretary Cristina Roque recently met with top executives of Taiheiyo Cement Corporation in Tokyo to reaffirm the Philippine government’s commitment to supporting the cement industry’s growth and sustainability. According to a statement from the DTI on Thursday, the meeting, held on May 19, highlighted Taiheiyo’s PHP3.72 billion investment in a new Luzon Distribution Terminal …
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The Contact Center Association of the Philippines (CCAP) has thrown its full support behind the recently enacted Enterprise-Based Education and Training (EBET) law, citing its potential to close the skills gap in the labor market. During a recent press conference in Makati City, CCAP president Haidee Enriquez commended the government for formally recognizing the essential role of enterprises in shaping …
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SM Prime Holdings, Inc. is set to invest PHP1.7 billion in the construction of the SMX Center for International Trade and Exhibitions (SMXCITE), a new 18,000-square-meter facility that aims to elevate Metro Manila’s status as a premier destination for global trade expositions. According to a statement released last week, SMXCITE will be located within the bustling SM Mall of Asia …
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The Department of Finance (DOF) expects dividends from government-owned and controlled corporations (GOCCs) to exceed PHP100 billion this year, signaling another strong performance in non-tax revenue collection. As of May 15, the DOF reported that GOCCs had already remitted over P76 billion in dividends, with contributions coming from about 50 entities. Among the top contributors were the Land Bank of …
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The Philippine College of Physicians (PCP) has issued a strong reminder to the public that tuberculosis (TB) is a serious bacterial infection affecting the lungs and respiratory system, which requires proper medical intervention. This clarification came amid circulating misinformation suggesting that drinking milk can help combat TB. In coordination with the Philippine College of Chest Physicians Council on Tuberculosis, PCP …
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In line with the observance of World Thyroid Day yesterday, May 25, the Philippine Health Insurance Corporation (PhilHealth) has encouraged its members to seek medical consultation if they notice any unusual bodily changes that may indicate thyroid issues. World Thyroid Day highlights the importance of raising awareness about thyroid diseases, which impact the body’s endocrine system and can lead to …
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The Philippines has reaffirmed its strong commitment to sustainable progress in the fight against HIV, according to the Department of Health (DOH). In a statement released last week, the DOH said Secretary Teodoro Herbosa conveyed this assurance during a meeting with representatives of the Joint United Nations Programme on HIV/AIDS (UNAIDS) at the 78th Session of the World Health Assembly …
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The World Health Assembly has officially approved a historic agreement aimed at enhancing global readiness and response to future pandemics, concluding three years of intensive negotiations among member states. World Health Organization (WHO) Director-General Dr. Tedros Adhanom Ghebreyesus welcomed the adoption of the agreement, calling it “a win for global solidarity” and a significant milestone in advancing public health, scientific …
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The Market Monitor Minding the Nation's Business