Economy

IN its 2021 annual report, Swedish retailer Hennes & Mauritz AB (H&M) identified one trend as a “high” risk to its business for the first time, higher-risk even than increased energy costs or availability of raw materials. Should consumers increasingly…

CTA.JUDICIARY.GOV.PH/ THE Court of Tax Appeals (CTA) has affirmed its ruling that set aside Philippine Mining Service Corp.’s excess value-added tax (VAT) worth P19.80 million traced to zero-rated sales for the third and fourth quarters of 2016. In a 13-page…

1 of 8 Interesting products and the backing of two big dealer groups should give this new brand from China an edge IT’S AN exceptionally exciting time for Philippine automotive scene as I personally don’t recall ever witnessing this many…

ZALORA Philippines’ chief executive officer and managing director Aashish Midha with actress and socialite Heart Evangelista. FOR its 11th year in the Philippines, fashion e-commerce platform Zalora is holding a massive birthday sale, offering items up to 90% off until…

ALTERNERGY Holdings Corp. is planning to look into green bonds to fund its renewable energy (RE) projects, its top official said last week. “One of the initiatives is green bonds. We hope to launch that in the next few months.…

An all-electric Porsche Taycan is one of the EV models that is, well, leading the charge in the Philippines. — PHOTO BY KAP MACEDA AGUILA CHANGE DOES NOT always move in one direction. It’s often more complicated than that. Take,…

PHOTO FROM TOYOTA MOTOR PHILIPPINES TOYOTA MOTOR PHILIPPINES serves up various payment options and perks on its vehicles this March. A Toyota Innova 2.8 J Diesel M/T variant is available with P178,650 down payment under the brand’s Pay Low option,…

CONVERGE ICT Solutions, Inc. is eyeing to grow its subsea cable connections through partnerships and swapping, with its intent of creating new network redundancies. “Subsea cables are the gateways of the Philippines, so, it’s not enough to build just one,…

The Haval H6 (left) and Haval Jolion — PHOTO FROM GREAT WALL MOTOR GREAT WALL MOTOR (GWM) readies to enter the Philippine automotive market — recently previewing its offerings to members of the media and other guests. In a message,…

JEROME CMG-UNSPLASH THE Energy Regulatory Commission (ERC) said it is set to review the decision of SMC Global Power Holdings Corp. to terminate its two power supply deals with Manila Electric Co. (Meralco). ERC Chairperson and Chief Executive Officer Monalisa…