Malacañang yesterday maintained that President Duterte does not know Wilfredo Keng, the businessman that sued Rappler for cyber liber, after an administration critic pointed out the government made decisions that favored his business.

Ayala Land Inc. (ALI), the listed property giant of conglomerate Ayala Corp., is on the look out for more eco-tourism estates, recognizing this industry as a viable new leg of business.

Late last year the tax authorities issued a notice to the public identifying the top withholding agents (TWAs) who are mandated to withhold expanded withholding tax (EWT) equivalent to one percent on purchase of goods and two percent on purchase of services from local or resident suppliers, including non-resident aliens engaged in trade or business in the Philippines.

A former party-list lawmaker is facing a P7-million civil case over his alleged failure to pay a business partner for the construction of around 684 housing units for Super Typhoon Yolanda victims.

The Philippine Competition Commission (PCC) said Universal Robina Corp. (URC) may pursue the purchase of the refining and milling assets of Central Azucarera Don Pedro Inc. (CADPI) and land owned by Roxas Holdings Inc. (RHI) if it proposes a different business model.