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(File photo) MANILA - President Rodrigo Duterte has signed into law a measure that would further open up the Philippine retail sector to more foreign retail businesses by lowering their required paid-up capital. Republic Act (RA) 11595, which amends RA 8762, also known as the Retail Liberalization Act of 2000, was signed by Duterte on Dec. 10, 2021, and was released to reporters on Thursday. Duterte earlier certified the bill as urgent as part of efforts to encourage the entry of more investors and further boost economic recovery amid the prevailing coronavirus disease 2019 (Covid-19) pandemic...

President Rodrigo R. Duterte (File photo) MANILA - President Rodrigo R. Duterte has signed a law instituting a revised charter for the Philippine Veterans Bank (PVB) to include post-World War II veterans and soldiers. Republic Act (RA) 11597, also known as the Philippine Veterans Bank Act, increases the bank's authorized capital stock from PHP100 million to PHP10 billion to align its capitalization with the minimum level prescribed by the Bangko Sentral ng Pilipinas (BSP) for private commercial banks. "The capital stock of the Veterans Bank shall be PHP10 billion divided into PHP75,00...

(AFRICAN EXAMINER) – The National Assembly on Wednesday passed a bill upgrading Adeyemi College of Education to a full-fledged university. The development followed the concurrence of the Senate to the House of Representatives Bill which was earlier passed at the Green Chamber. The institution will now be known as Adeyemi Federal University of Education, Ondo […]

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Противоракетная система "Железный купол" может понадобиться Украине в ближайшее время из-за планов Кремля совершить новую военную агрессию.