Manila: At least five property developers will benefit from the lifting of the moratorium on the establishment of information technology (IT) parks in Metro Manila, which is expected to boost the business process management sector.
According to Phil…
Manila: House Speaker Faustino ‘Bojie’ Dy III and Majority Leader Ferdinand Alexander ‘Sandro’ Marcos have put forward a proposal aimed at raising the annual tax-free income ceiling to PHP350,000. The initiative is designed to offer significant tax re…
Manila: The Department of Justice (DOJ) announced the recovery of PHP841 million in cash from fraudulent flood control projects. The recovered funds have been remitted to the National Treasury through the Land Bank of the Philippines.
According to P…
Manila: The Philippines is not stirring up trouble by standing up for its rights in the West Philippine Sea (WPS), Department of National Defense (DND) Secretary Gilberto Teodoro Jr. emphasized on Wednesday. His comments came in response to Chinese of…
Munich: German automaker BMW will cut approximately 8,000 jobs-mostly in Germany-as part of a cost-saving program launched in response to the weakening Chinese market and rising cost pressures.
According to Philippines News Agency, an agreement was…
