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June 17, 2021
Projeto de descriminalização do modelo de aprendizagem também decorre na Câmara dos Deputados
June 12, 2021
The Philippine Competition Commission (PCC), the anti-trust authority in the country, has expressed opposition to any extension on the suspension of its motu proprio review power on mergers and acquisitions (M&As). PCC Chairman Arsenio Balisacan said this at the virtual “Enhancing Competiti
June 11, 2021
The P5 billion microfinancing allotted to the micro small and medium enterprises (MSMEs) sector is nearing full utilization and needing replenishment. Small Business Corporation (SBCorp), which administers the fund, reported it has already processed and approved P4.5 billion loans for 30,408 app
June 6, 2021
BusinessWorld June 7, 2021 | 12:33 am Reporter MERGERS that have avoided government scrutiny since a suspension on some reviews could be difficult to unwind, a competition watchdog commissioner said as he urged Congress to retain the agencyâs authority to assess mergers in the proposed Bayanihan III law. Johannes Benjamin R. Bernabe, a commissioner at the Philippine Competition Commission (PCC), said he hoped Bayanihan III will not extend the exemption from compulsory notif...
June 6, 2021
The United States has helped deal with the pandemic, and the ensuing economic crisis, with a succession of stimulus packages, including two in 2020 and a third earlier this year. Now, it appears, other countries are planning similar moves.
June 3, 2021
The European Union has announced plans to raise funds from public markets to raise 750 billion euros for its member nations as part of a plan called NextGenerationEU.
May 27, 2021
BusinessWorld May 27, 2021 | 9:00 pm PHILIPPINE shares rallied for a third straight day on Thursday as the possibility of the government approving another round of stimulus and the MSCI rebalancing boosted market sentiment. The 30-member Philippine Stock Exchange index (PSEi) gained 323.90 points or 5.1% to close at 6,665.14 on Thursday, while the all shares index also went up by 135.53 points or 3.47% to finish at 4,034.92. “The local market rallied this Thursday… on the b...
May 24, 2021
(MARK BALMORES / MANILA BULLETIN) Despite the pandemic, the Alliance of Concerned Teachers (ACT) Philippines alleged that DepEd’s disbursement of funds – as it does every year – remained the same. “Pandemic-hit teachers and families are forced to use their own meagre incomes to fund the hefty needs of education,” said ACT Secretary General Raymond Basilio. “So it’s not just about fiscal irresponsibility anymore, but DepEd’s commission of a grave injustice against its constituen...
May 16, 2021
BusinessWorld May 16, 2021 | 7:59 pm PHILSTAR THE HOUSE Committee on Ways and Means said its priorities on resuming session Monday include grappling with out-of-control pension liabilities for military and uniformed personnel (MUP). In a statement Saturday, Committee Chairman Jose Ma. Clemente S. Salceda said: âMUP pension reform will be painful but crucial. Itâs some pain now or very big pain in the future. The unfunded pension liabilities, according to the GSIS, amou...