A firm of chartered accountants and business advisors has secured £50,000 in R&D Corporation Tax refunds for two of its clients. Yorkshire-based Shenward worked with the two companies to submit successful claims to HMRC. The two clients – one of which is a restaurant and the other a home interior design company – are not those which would traditionally ...

By Keren Concepcion G. Valmonte PHILIPPINE stocks inched up on Wednesday as investors hunted for bargains and fears about a fresh surge in coronavirus infections eased. The benchmark Philippine Stock Exchange index (PSEi) went up by 50.66 points or 0.78% to close at 6,497.01. The broader all-share index increased by 21.61 points or 0.55% to 3,934.93. "The PSEi continued higher ...

BW FILE PHOTO THE PESO depreciated against the dollar on Wednesday as market players remained cautious amid a fresh surge in coronavirus infections and before the central bank's policy meeting. It closed at P48.665 a dollar, weaker than its P48.631 close on Tuesday, according to data posted on the Bankers Association of the Philippines website. The peso started trading at ...

MunchFit, healthy food provider to luxury gym Equinox and elite studio Barry’s Bootcamp hopes to raise £1m through a crowdfunding round in a bid to satiate the growing appetite for meal plans tailored to fitness goals. From humble beginnings delivering meals to a handful of customers in London, MunchFit – which was founded by Angus Fay in 2013 – operates a retail offering, fitness cafés and a ...

EMMANUEL D. PACQUIAO -- HENZBERG AUSTRIA/SENATE PRIB SENATOR Emmanuel D. Pacquiao filed a bill Wednesday calling for a further P335 billion in stimulus spending to aid in the recovery from the economic downturn. The legislation was assigned the number Senate Bill (SB) No. 2123, which will become the Expanded Stimulus Package Act of 2021 if passed. SB 2123 represents the ...

PHILSTAR THE Transportation department has started soliciting bids for the building and civil engineering works contract package of the South Commuter Railway, covering about 7.9 kilometers of at-grade and viaduct railway track structures, including an elevated station at Buendia and at-grade stations at EDSA and the Senate. The deadline for submission of bids is June 22, the department said in ...

A LEGISLATOR called on the Philippine Competition Commission (PCC) on Wednesday to investigate possible market manipulation in pork imports, resulting in high prices. In a briefing Wednesday, Marikina City Representative Stella Luz A. Quimbo said rising pork prices may not be solely due to supply disruptions as a result of African Swine Fever but also due to deliberate attempts to ...

THE DEPARTMENT of Energy (DoE) said it has ordered its oil and electric power bureaus to ensure the unimpeded delivery of power during the reimposition of stricter forms of quarantine on parts of the country. Energy Secretary Alfonso G. Cusi issued the order through a memorandum dated March 23 to the Oil Industry Management Bureau and Electric Power Industry Management ...

REUTERS GROWTH in the wholesale price of construction materials in Metro Manila hit a 16-month high in February to 2% year on year, according to the Philippine Statistics Authority. Wholesale construction materials prices in the National Capital Region (NCR), as reflected in the construction materials wholesale price index (CMWPI), rose 2% year on year in February, accelerating from 1.2% in ...

AN ENERGY regulator said distribution utilities need to tap more power from renewable sources if the Philippines is to meet the projected goal of a 55.8% share of renewable energy (RE) in the power mix by 2040. They said the 1% renewable quota set for the renewable portfolio standards (RPS) program must be increased to at least 2.52%, a National ...

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