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“A network of digital advocates sees the appointment of Secretary Ralph Recto to the Department of Finance as a significant boost to the growing digital

The recent Senate ratification of the reconciled version of House Bill No. 9007 and Senate Bill No. 2237 that seeks to regulate the use and sale of vaporized nicotine products (VNP) or e-cigarettes has put the Philippines one step closer to helping the country’s smokers properly switch away from har

FOREIGN business groups operating in the Philippines on Wednesday hailed the Senate passage on third and final reading of the measure amending the 85-year-old Public Services Act (PSA), saying it breaks the country’s image as one of the most restrictive in the region, and will ease inflows of more investments.…

BusinessWorld May 9, 2021 | 6:31 pm VECTORJUICE/FREEPIK The logic is simple. All other things being equal, the price increases as supply of the particular good decreases. Alternatively, all things being equal, the price decreases as supply increases. Similarly, all else being equal, the price of the good increases as demand increases. And the price decreases as demand goes down. That is the law of supply and demand. An old joke goes that a national leader once wanted to repeal the law of supply and demand. The joke exposes ignorance of how markets behave. Yet, our senators do ...

Press Release TRANSCRIPT OF SEN. GRACE POE's SPONSORSHIP SPEECH I put forward the report of the committee on public services which on Feb. 09, 2021, conducted a hearing on the operation of Private Motor Vehicles Inspection Centers or PMVICs. Back in 2018, the DOTr decreed that the physical inspection of vehicles, which was previously conducted by the Land Transportation Office, along with an additional battery of tests, 73 in total, shall now be conducted by Private Motor Vehicle Inspection Centers which it will accredit outside the usual modes of procurement. As mentioned in the report, the ...