Car and audio aficionados gathered at the rooftop parking of O-Square 2 in Greenhills, San Juan City for the inaugural staging of the JBL Car Audio Tunefest. — PHOTO FROM JBL CAR AUDIO PHILIPPINES JBL CAR AUDIO […]
BSP cancels licenses of two firms
The Bangko Sentral ng Pilipinas main office in Manila. THE BANGKO SENTRAL ng Pilipinas (BSP) has canceled two firms’ registration to operate as virtual asset service providers (VASP). The Monetary Board has revoked the Certificates of Registration […]
OpenAI exposes the clash of governing money and mission
OPENAI’s power brokers seem to have decided that the quickest fix for last week’s dysfunction is to borrow a page from corporate America’s playbook by adding some establishment figures to its board. The company’s initial new lineup of directors now includes some of the archetypes that make its boardroom look […]
Tax court partially grants Manulife Data Services’ VAT refund claim
CTA.JUDICIARY.GOV.PH THE Court of Tax Appeals (CTA) has granted a partial value-added tax (VAT) refund of P9.82 million to Manulife Data Services, Inc. out of its P96.28-million claim for its tax-exempt sales in 2016. In a 45-page […]
How fast, cheap fashion is polluting the planet
THE business model known as fast fashion has proved wildly successful. Apparel makers churn out new styles on an ever-shorter cycle, offering them at prices so low — like $5 for a shirt or $20 for jeans — that consumers buy more and more items, sometimes getting only a few […]
Unioil Petroleum’s ‘Fill and Win’ promo campaign offers free fuel
One of the ‘Fill and Win’ winners of P300,000 worth of fuel, Jesson Duque — PHOTO FROM UNIOIL PETROLEUM THE THIRD largest petroleum company in the country (per a 2023 report of the Department of Energy) is […]
Brazilian state launches mandatory tracking of cattle to stop deforestation around Amazon
REUTERS SAO PAULO — Brazil’s Para state, which leads the country for the highest levels of Amazon rainforest destruction, will launch a mandatory program to track cattle in a bid to crack down on related deforestation, a […]
DTI to review export targets after chip industry downgrade
REUTERS By Justine Irish D. Tabile, Reporter THE Department of Trade and Industry (DTI) said it will review its exports targets after the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) revised its target for […]
AmCham: New CREATE bill improves PEZA firms’ flexibility in offering WFH
REUTERS THE American Chamber of Commerce of the Philippines, Inc. (AmCham) said the new tax incentives legislation offers companies registered with the Philippine Economic Zone Authority (PEZA) more options to resort to 100% work from home (WFH) […]
PHL touted as attractive emerging market for power after progress on energy transition
THE Department of Energy (DoE) said the Philippines is improving its position as an attractive emerging market for power due to the strides it has made in pursuing its energy transition. In a statement on Sunday, the […]