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‘Higher alcohol tax to reduce demand, revenues’

By EIREENE JAIREE GOMEZ September 19, 2019 ALTHOUGH it welcomes the new tax structure for distilled spirits proposed under House Bill (HB) 1026, the Distilled Spirits Association of the Philippines (DSAP) warned the government that too many tax increases might lead to reduced state revenues. In a position paper submitted …

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DoTr, SMC ink deal for ‘game-changer’ airport

By LISBET K. ESMAEL September 19, 2019 CLARK, Pampanga: Listed San Miguel Corp. (SMC) can now begin building its $15-billion New Manila International Airport (NMIA) in Bulacan province after signing a concession agreement on it with the Department of Transportation (DoTr) on Wednesday. In a briefing here, Transportation Secretary Arthur …

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Purdue Pharma asks judge to stop lawsuits against Sacklers

This May 8, 2007 file photo shows the Purdue Pharma offices in Stamford, Conn. (AP Photo/Douglas Healey, File Geoff Mulvihill, The Associated Press Published Wednesday, September 18, 2019 9:23PM EDT OxyContin maker Purdue Pharma on Wednesday asked a bankruptcy court judge to halt all lawsuits against the company and its …

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Alberta to return CannTrust products after Health Canada suspensions

A man holds holds a handful of cannabis buds at the CannTrust Niagara Greenhouse Facility, in Fenwick, Ont., on June 26, 2018. THE CANADIAN PRESS/ Tijana Martin Armina Ligaya, The Canadian Press Published Wednesday, September 18, 2019 3:05PM EDT The Alberta government’s cannabis wholesaler and online retailer is returning products …

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Tim Hortons cuts imitation meat products from menus in some provinces

Tim Hortons recently started offering their own plant-based breakfast sandwich options. (CNW Group / Tim Hortons) Dan Healing, The Canadian Press Published Wednesday, September 18, 2019 2:05PM EDT Last Updated Wednesday, September 18, 2019 3:45PM EDT Apparently, Beyond Meat burgers don’t go that well with Tim Hortons coffee, as the …

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More areas eyed for small-scale mining

By EIREENE JAIREE GOMEZ September 17, 2019 THE Department of Environment and Natural Resources (DENR) said it was seeking to declare six additional “Minahang Bayan” for use by small-scale miners in order to have them legalized and regulated. “We have moved forward and progressed. There are already 29 Minahang Bayan …

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PSEi flat on Saudi drone attack

By TYRONE JASPER C. PIAD September 17, 2019 The local bourse ended flat on Monday as market sentiment was dragged by news about a drone attack on oil processing facilities in Saudi Arabia over the weekend. The benchmark Philippine Stock Exchange index (PSEi) inched up by 0.06 percent or merely …

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