STATE-RUN Social Security System (SSS) is targeting a threefold increase in online transactions by next year to streamline services and save on operating expenses. SSS President and CEO Aurora C. Ignacio said the pension fund wants digital transactions to reach 32.3 million by 2020 from the current 10.54 million done via its six electronic channels. “We’re looking to turn the tab...
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CEBU creative entrepreneurs are encouraged to take advantage of the strong buying power of the domestic market as the industry aims to boost its economic potential. The Cebu Design Week (CDW), happening on Sept. 13 to 15, 2019, is gathering creative players to enable them to connect with local consumers and potentially collaborate with suppliers, said Laurie Boquiren, CDW marketing chairperson....
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PARIS - US internet giant Google has agreed a settlement totaling 945 million euros ($1.0 billion) to end a tax dispute in France under an agreement announced in court on Thursday. The company will pay a 500-million-euro fine for tax evasion, as well as a further 465 million euros to settle claims with French tax authorities. In a statement, Google confirmed the settlement and hailed the fac...
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MANILA, Philippines — The national government has released 91.4 percent of the P3.662- trillion national budget as of end-August to support the programs and projects of line agencies, the Department of Budget and Management (DBM) said yesterday. According to the latest data from the DBM, allotment releases from January to August have already reached P3.345 trillion, equivalent to 91.4 per...
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Lately, there have been many issues surrounding the agriculture sector that continue to challenge our local farmers and other agri-stakeholders. Tagged as the most challenged sector, agriculture is continuously affected by many factors including market price, logistic requirements, uncontrollable variables such as drought or typhoons, infestation, and other calamities that affect the productivi...
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CEBU Landmasters Inc. will acquire the Abaca Resort Mactan property. The developer announced it will expand the 4,328-square meter luxury resort, located in the Punta Engano area of Mactan Island, to 100 rooms from the current nine, set to be completed by 2023. The listed firm also signed a hotel management agreement with The Abaca Group, owner of the resort and a chain of top-end Cebu resta...
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