Business articles
Manila Water augments supply using deep wells
Manila Water has started operating an additional 34 deep wells in its concession area to supplement its supply and delivery to consumers by about 43 million liters of water per day. Prior to the reactivation of these deep wells, Manila Water was able to source more than nine million liters of water...
Gas up! Oil price hike looms
After three consecutive weeks of rollbacks in the prices of petroleum products, oil companies are set to increase prices this week. The impending hike in oil prices is due to the increase in prices in the world market. The price of diesel will increase from P0.10 to P0.20 per liter, while gasoline...
Threat of lightning strikes delay 21 flights at NAIA
Twenty-one international and domestic flights at the Ninoy Aquino International Airport were delayed on Sunday after the Manila International Airport Authority issued a "red lightning alert" twice in the afternoon. The MIAA issued the alert from 2:24 p.m. to 3:11 p.m. and then from 3:43 p...
Tax court grants San Miguel P44-M refund
The Court of Tax Appeals on Thursday granted a tax refund of P44.48 million to San Miguel Brewery Inc. on excise taxes imposed on its beer products collected by the government some four years ago. The court’s Special Second Division, through Associate Justice Juanito C. Castañeda Jr., ...
Cebu Pacific resumes MNL-HK flights
Local carrier Cebu Pacific on Friday resumed flights to Hong Kong from Manila and Clark, and vice-versa, after cancellations and delays in flights the previous day. “Our operations between Manila and Hong Kong, and between Clark and Hong Kong are normal so far,” said Charo Lagamon, corp...
Muntinlupa offers zero interest loan for microentrepreneurs
Hailed as the Most Business-Friendly LGU in the country for 2017 and 2018 by the Philippine Chamber of Commerce and Industry, Muntinlupa City continues to provide zero interest loan assistance to local MSMEs. Mayor Jaime Fresnedi leads the distribution of cash assistance amounting to P2.9M to 164 b...
Grab: No deactivation of hatchback cars with complete documents
Ridesharing company Grab Philippines said it did not deactivate hatchback cars operating as transportation network vehicle services units with complete documents from the Land Transportation Franchising and Regulatory Board. “We did not deactivate hatchbacks that have documents. If these hatc...
Grab deactivates 15,000 drivers for lack of documents
Ridesharing company Grab Philippines has deactivated around 15,000 drivers of transportation network vehicle services units that do not have provisional authorities from the Land Transportation Franchising and Regulatory Board since January this year. Grab Philippines president Brian Cu said ...
QC Council passes gaming regulation ordinance
The Quezon City Council has approved the Gambling Regulatory Ordinance which seeks to protect the mental health of residents against gambling addiction and to maintain peace and order. Introduced by Ivy Xenia Lagman, Franz Pumaren, Alexis Herrera, Raquel Malañgen, Marvin Rillo, and Godofredo...
SCTEX to hike tolls starting June 14
Toll rates for the Subic-Clark-Tarclac Expressway will increase by 51 centavos per kilometer starting June 14. In a statement released Saturday, SCTEX operator NLEX Corporation said the Toll Regulatory Board-approved toll rates will be implemented at 12:01 a.m. on Friday. From Mabalacat City...