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THE governments fiscal and economic policies will help address climate change, Finance Secretary Benjamin Diokno said at the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates.

SUBIC BAY FREEPORT: Japanese developer partners at the Subic Techno Park (STEP) have agreed to double the Subic Bay Metropolitan Authority (SBMA) dividend payments, which will amount to almost $1 million.

THE Department of Finance (DoF) is committed to ensuring local government units (LGUs) faster access to climate finance by mobilizing resources and involving the private sector.

THE drafting of implementing rules and regulations (IRR) becomes imperative after a law is enacted. The IRRs purpose is to establish guidelines that will facilitate compliance with the law and the realization of its objectives. A recurring challenge, however, is the presence of IRR provisions that may conflict with the underlying law or, in some cases, the absence of necessary regulations. This raises concerns and questions among interested parties regarding which set of guidelines should take p...

Benjamin “Bitboy” Armstrong, is back in court with a fresh lawsuit against certain former colleagues and affiliates, claiming the theft of his Lamborghini.

EXECUTIVES of MUFG Bank Ltd. are giving a wide berth to President Ferdinand R. Marcos. Jr. as his administration tweaks the rules for the Maharlika Investment Fund (MIF). “I think we have to give the government a little bit of space,” MUFG Bank-Manila Branch Deputy Country Head Marie Diana Lynn Coronel-Singson said during a briefing the

(UPDATE) RIYADH: The Philippines has secured about $4.26 billion worth of investments during President Ferdinand Marcos Jr.s visit to Saudi Arabia.

PRESIDENT Ferdinand R. Marcos Jr. wants to reduce the powers of the Fiscal Incentives Review Board (FIRB) and restore the mandate of the investment promotion agencies (IPAs) to grant incentives as part of the amendments to the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE), according to a senior lawmaker. Albay Rep. Joey Sarte

AN additional four to five business pledges from President Ferdinand R. Marcos, Jr.’s overseas trips are expected to materialize soon after the government implemented “business-friendly” measures and policies since last year, according to the Department of Trade and Industry (DTI). “There are two BPO (Business process outsourcing) companies offices, which will be inaugurated soon. So

THE Board of Investments (BoI) celebrates 56 years of commitment to the Philippines economic transformation with renewed strength in attracting investments, promoting innovation, nurturing industries for sustainability and ensuring the nations prosperity.