Business articles
Belmonte eyes extension of deadline for tax payments
Quezon City Mayor Joy Belmonte eyes an extension of the deadline for tax payments from January 20 to February 2. “Our business community has requested for additional period of time to allow them to fully comply with the requirements and obligation to the city,” said Belmo...
PH among wolrd's 'best' rice producers
The Philippines is among the “best” rice producers worldwide, according to Malacañang. This was the statement of Presidential Spokesperson Salvador Panelo when he learned that Philippine firm Chen Yi Agventures made history after its Dalisay, a premiere rice breed grown and ...
DTI eyes sanctions vs 12 Bambang stores selling overpriced N95 masks
At least 12 medical supply stores along Bambang Street in Sta. Cruz, Manila were issued notices of violation for selling overpriced N95 masks, according to the Department of Trade (DTI). DTI Undersecretary Ruth Castelo said the allowable price range for N95 masks is only at PHP45 to PHP105, ba...
Manila Water provides assistance to evacuees
Manila Water has made available 30 water tankers to provide for the needs of evacuees affected by the eruption of Taal Volcano, in various sites in Southern Luzon. Through the efforts of its subsidiary, Laguna Water, these tankers will be deployed initially to three towns in the Province of Batanga...
DOTr slams Angkas for ‘two-faced’ position
The Department of Transportation (DOTr) and the inter-agency Technical Working Group (TWG) on Motorcycle Taxis slammed transport network company (TNC) Angkas for its alleged “two-faced” position on the pilot run of motorcycle taxis. This, after the company apologized on Wednesday f...
Choosing the right agent
“but that is what my agent told me!” says the irate client who was complaining at the office of a very reputable developer who might be expecting the super amenities that were presented to them, or the additional appliances that were supposed to be included when they purchased the unit o...
Maynilad reduces water leakage by 979 million liters a day
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) said it has recovered 979 million liters per day (MLD) of water since 2008 when it first launched its Non-Revenue Water Management (NRW) Program. This recovered volume is enough to fill up roughly 390 Olympic-size pools every day, an...
Higher property prices pose risks to banking system
A sustained surge in Philippine property prices over the past three quarters presents rising risks to the country's banking system operating environment, according to Fitch Ratings. The debt watcher said recent data point to speculative activity that could affect market stability if unchecked. ...
Angkas faces blacklisting for violations
Motorcycle ride-hailing firm Angkas may be blacklisted for alleged violations of the guidelines set by the inter-agency technical working group (TWG). “[It is] very possible for them to be blacklisted because of their violations of the guidelines,” TWG chairman retired major general Ant...
Court stops LTFRB's limit on Angkas drivers
A Mandaluyong court issued a 72-hour temporary restraining order against the Land Transportation Franchising and Regulatory Board (LTFRB)'s order, which limits the number of riders for Motorcycle Taxi Service Angkas. In a three-page order, Vice Acting Executive Judge Ofelia L. Calo of the ...
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