TERM DEPOSIT yields slipped on Wednesday as the offer went undersubscribed and with markets anticipating further policy easing by both the Bangko Sentral ng Pilipinas (BSP) and US central bank.The BSP’s term deposit facility (TDF) attracted bids worth P250.598 billion,

ALEXANDER GREY-UNSPLASHThe Food and Drug Administration (FDA) recently updated its list of prescription drugs and essential medicines exempt from value-added tax (VAT), adding 16 new medicines for the treatment of cancer, diabetes, and mental illnesses. The VAT exemption aims to

By Luisa Maria Jacinta C. Jocson, ReporterTHE MANDATED lending quota for innovation development on banks may lead to a surge in nonperforming loans (NPLs) and to banks opting to incur penalties than meet the requirement, analysts said. “I’m more concerned

Megawide Construction Corp. announces Special Stockholders' Meeting on Dec. 10 via remote communication - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section

THE Game Developer Association of the Philippines (GDAP) and the De La Salle-College of Saint Benilde (DLS-CSB) recently signed a memorandum of understanding (MoU) to provide workshops and seminars for students looking to enter the gaming industry.“This shared venture seeks