SEC drafts rules to protect consumers of financial products, services

THE Securities and Exchange Commission (SEC) has released a draft implementing rules and regulations (IRR) for a law that aims to protect consumers of financial products and services. The draft IRR of Republic Act No. 11765 or the Financial Products…

Philex targets to acquire shares in Itogon miner

PHILEX Mining Corp. is targeting to expand its business and plans to acquire shares in a mineral exploration and production company in Itogon, Benguet province, the listed firm said on Monday. In a regulatory filing, the mining company said it…

Sin tax revenues not efficiently used for public health programs — PIDS

A man arranges bottles inside a liquor store in Quezon City, March 15, 2021. — PHILIPPINE STAR/MICHAEL VARCAS THE GOVERNMENT should reevaluate policies and processes under the Sin Tax Reform Act in order to further improve the use of its…

Gov’t eyes 3,600 infra projects worth $372 billion

The EDSA-Timog flyover in Quezon City has been closed for repairs and rehabilitation since June 25. — PHILIPPINE STAR/ MIGUEL DE GUZMAN OVER 3,600 infrastructure projects worth a total of $372 billion are in the pipeline and set be implemented…

Philippines in nuclear push as power crisis looms

1 of 4 By Ashley Erika O. Jose, Reporter IRA C. CONCEPCION, 17, founded the Youth for Nuclear last year to try to debunk the myths and misconceptions about nuclear energy and push its use amid a looming power crisis.…

Malolos-Clark rail project faces delay

PHILIPPINE STAR/MICHAEL VARCAS THE MALOLOS-CLARK segment of the North-South Commuter Railway (NSCR) will not be finished until 2025 as a result of the delayed turnover of the 36-hectare depot site in Clark, the Department of Transportation (DoTr) said on Monday.…

BSP sees inflation below 2% by 2024

INDIVIDUALS shop for food items inside a supermarket in Quezon City, Jan. 16. — PHILIPPINE STAR/ MIGUEL DE GUZMAN PHILIPPINE INFLATION is expected to be below 4% by the third quarter and below 2% by early 2024, the central bank…

How PSEi member stocks performed — January 23, 2023

How PSEi member stocks performed — January 23, 2023 – BusinessWorld Online Here’s a quick glance at how PSEi stocks fared on Monday, January 23, 2023. Neil RELATED…

Manila 3rd cheapest prime office market in Asia-Pacific in Q4 2022

Occupancy costs* for Manila’s prime office spaces amounted to $32.6 per square foot (sq. ft.) a year in the fourth quarter of 2022, according to the latest Asia-Pacific Prime Office Rental Index by real estate consultancy firm Knight Frank. It…

Young northern Europeans flock to Spain’s Malaga to work remotely

A WOMAN in a remote meeting via videoconference works from her living room. — REUTERS MADRID — The Spanish city of Malaga and its Costa del Sol surroundings are seeing a surge in people moving in from the rest of…

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