finance

Prime Infrastructure Holdings Inc. is seeking to generate up to P27.572 billion from an initial public offering which will finance projects in its energy, water, and waste and sustainable fuel businesses.

The Bureau of Internal Revenue (BIR) has launched its electronic invoicing system to ease the process for invoice and receipt for businesses and taxpayers, GMA News” Unang Balita reported Wednesday.

The FDC Utilities, Inc. (FDCUI), the utility arm of the Filinvest Group, has formally adopted a Philippine eagle as part of efforts to promote species conservation.

President-elect Ferdinand “Bongbong” Marcos, Jr. said Monday he was eyeing the collection of value-added taxes from the exportation of partially processed ore as an alternative to increasing mining taxes.

World airlines on Monday called on governments to support the industry’s goal of net-zero carbon emissions by 2050.

Air passengers are expected to hit 83 percent of pre-pandemic levels this year and the aviation industry’s return to profit is “within reach” in 2023, the International Air Transport Association said on Monday.

The Philippine peso opened the week on a negative note, as it continued to soften against its US counterpart to hit the P54:$1 level, its weakest in over three years.

Pump prices of petroleum products could hit P100 per liter should the weekly increases continue due to a mix of factors, the Department of Energy (DOE) said Monday.

House ways and means committee chairperson Joey Salceda on Monday said the rate of increase in the prices of goods and services in the country may go to as high as 8.1% if the conflict between Russia and Ukraine continues.

Motorists will again have to pay more for petroleum products this week, as oil firms are set to implement increases for the third straight week.