Government ready to take over power generation in Siquijor
PHILSTAR FILE PHOTOTHE GOVERNMENT signaled its readiness to take over Siquijor Island Power Corp. (Sipcor), the province’s sole power generator, if Sipcor proves unable to deliver continuous power, energy officials said. “If we can prove that Sipcor can no longer manage,
Employers point to digitalization as most worrisome force affecting PHL economy
REUTERS FILE PHOTOTHE Employers Confederation of the Philippines (ECoP) said the government must confront the challenges posed by the digital transition, among other rapidly evolving factors altering the economy. ECoP 46th National Conference of Employers (NCE) Chair Cesar Mario O. Mamon
Export dev’t seen outweighing favorable US tariff — Balisacan
ICTSI.COMBy Kyle Aristophere T. Atienza, Reporter THE Department of Economy, Planning, and Development (DEPDev) said any tariff concessions the Philippines may yet wrest from the US won’t matter much if its export industries remain underdeveloped. “Unless you improve your productive capacity here,
AmCham backs reforms focused mainly on technology upgrades
THE American Chamber of Commerce of the Philippines (AmCham) urged President Ferdinand R. Marcos, Jr. and the 20th Congress to work on reforms mainly focused on improving the country’s technology infrastructure to support the goals outlined in the fourth State
DBM sees reenacted 2026 budget setting back PHL growth, upper middle-income aspirations
BW FILE PHOTOBy Aubrey Rose A. Inosante, Reporter DEPARTMENT of Budget and Management (DBM) Secretary Amenah F. Pangandaman said a reenacted national budget for 2026 would hurt the economy and derail its transition to a higher income tier. “A reenacted budget would
Spaceport, airport upgrades added to P2.86-trillion PPP project pipeline
THE GOVERNMENT now has 230 public-private partnership (PPP) projects in the pipeline valued at P2.86 trillion, including facilities for the Philippine Space Agency to conduct space launches and landings. In a document released to reporters, the PPP Center said the P17.5-billion
KADIWA stores to get priority when pork MAV is expanded
KADIWA stores to get priority when pork MAV is expanded - BusinessWorld Online PORK meat products are sold at the Murphy Market in Cubao, Quezon
Social housing shift to horizontal projects expected to address complaints about cost
Social housing shift to horizontal projects expected to address complaints about cost - BusinessWorld Online PHILSTAR FILE PHOTOTHE Department of Human Settlements and Urban Development
A fighting chance for other adequate records
A common guiding principle across accounting, law, and tax is the concept of “substance over form.” That is, the economic reality of a transaction must prevail over its legal form. While this may be the case, tax investigations in the Philippines
Adidas to raise prices as US tariffs add €200 million to costs
Adidas has confirmed it will raise prices for customers in the United States after warning that new tariffs imposed by the Trump administration will add an additional €200 million (£173 million) to its costs this year.The German sportswear giant said