Stocks drop as investors pocket gains from rally
BW FILE PHOTOPHILIPPINE STOCKS closed lower on Tuesday, snapping their two-day climb, as investors pocketed their gains from Monday’s surge and with weaker sentiment on Wall Street spilling over to the local market.The Philippine Stock Exchange index (PSEi) declined by
Magalong seeks third term as Baguio Mayor
BAGUIO CITY — Baguio City Mayor Benjamin B. Magalong on Tuesday, the last day of filing of candidacies, filed his third and final bid as Mayor of Baguio, ending talks on whether he will run for the Senate.Running under the
Three drug den operators busted
PHILSTAR FILE PHOTOCOTABATO CITY — Anti-narcotics agents seized P102,000 worth of shabu from three drug den operators, who have reported links to a local terror group, in an entrapment operation in Barangay Poblacion 2 in Cotabato City on Monday.Gil Cesario
BoI touts tax savings for RBEs under CREATE MORE measure
THE passage of the bill amending the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act will result in registered business enterprises (RBEs) saving on their tax bills, the Board of Investments (BoI) said. During his presentation at the Philippines-South Korea
PHL-S. Korea mineral deal seen stabilizing ore, EV supply chain
REUTERSTHE Board of Investments said a strategic cooperation agreement with South Korea is expected to ensure stable supply of critical minerals while generating potential investments.On the sidelines of the Philippines-Korea Business Forum on Monday, Trade Undersecretary and BoI Managing Head