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UAAP: Gani Stevens eyes bigger role with QMB now gone

Gani Stevens will be entrusted with a larger role in the University of the Philippines’ defense of the UAAP crown with Quentin Millora-Brown no longer around to man the middle. Stevens is entering his second season in Diliman after seeing limited action during the Fighting Maroons’ Season 87 title run, and he hopes to make

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BIR simplifies business registration requirements

MANILA, Philippines — The Bureau of Internal Revenue (BIR) is streamlining the documentary requirements for business registration. This is intended to cut red tape and spare applicants from delays or outright rejection. Revenue Memorandum Circular 74-2025 issued on July 18 updated the checklist to align with the implementing rules and regulations of Republic Act

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Bank of England holds rate as inflation stays high

LONDON, United Kingdom — The Bank of England kept its key interest rate at 4 percent Thursday, as elevated UK inflation offsets the country’s stagnant economic growth. The decision widely expected by markets followed a regular policy meeting and came one day after the US Federal Reserve had cut its benchmark borrowing costs for the first

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Ayala drops distribution of Volkswagen cars

MANILA, Philippines — The Ayala group’s Automobile Central Enterprise Inc. (ACEI) has come into an agreement with Volkswagen AG to end the distribution of the German brand’s vehicles in the Philippines. ACEI said in a notice to customers that, considering this, Volkswagen BGC will continue its operations until Sept. 30 only. A member of the Ayala