SEC partners with PNP, BIR, Pagcor vs money laundering

Corporate regulator Securities and Exchange Commission (SEC) has partnered with several government agencies, including the police, to share information on beneficial owners of companies and other regulated entities. The SEC signed the data-sharing agreement with the Philippine National Police, the Bureau of Internal Revenue and the Philippine Amusement and Gaming…

Marcos promises homes for soldiers, police

President Marcos vowed yesterday to provide soldiers and policemen decent shelters as part of the government's efforts to address the housing backlog in the Philippines. Marcos made the commitment during a meeting with military, police and housing officials at Malacañang, the Presidential Communications Office said. 'We have begun to craft…

Export groups await resolution on VAT zero rating

Three major export industry groups representing the information technology business process management (IT-BPM), semiconductor/ electronics, and the garments/ wearables industries are waiting for a resolution on the value added tax (VAT)-zero rating issue currently being finalized by the government through the Fiscal Incentives Review Board (FIRB). 'A solution has been…

Agricultural trade grows 5.1% in Q4 last year

The value of the country's agricultural trade continued to grow but at a slower pace in the fourth quarter of 2022 to $6.32 billion, driven by a double-digit increase in agricultural imports, according to the Philippine Statistics Authority (PSA). The fourth quarter figure is lower than the 17.6 percent growth…

Sara commits to hire more teachers

Vice President and Education Secretary Sara Duterte said the Department of Education (DepEd) intends to hire additional public school teachers every year, as part of its basic education recovery program. In a chance interview with reporters after attending the Quezon City Police District (QCPD)'s flag-raising ceremony and celebration of Women's…