THE ASIAN Development Bank (ADB) and the Japan International Cooperation Agency (JICA) will create a $1.5-billion fund for private infrastructure investments across Asia and the Pacific.
Apr 012016
BusinessWorld Online: Economy
Apr 012016
THE newly created Philippine Competition Commission (PCC) has tapped the expertise of Australia in tackling anti-competitive practices and promoting a free market.
Apr 012016
THE Industrial Guarantee and Loan Fund (IGLF) and the Foundation for Enterprise Management Innovations, Inc. (FEMI) recently signed an agreement that will support micro-enterprises moving to become small and medium enterprises (SMEs).
Mar 312016
MONEY SUPPLY expanded in February to log the fastest pace since October 2014, backed by sustained credit demand, according to preliminary central bank data.
Mar 312016
FISCAL POLICY has proven effective in promoting growth in the Philippines, according to Standard and Poor’s (S&P) Ratings Services, even as it cited downside risk from “modest outlooks” for the country’s trading partners and inadequate infrastructure.
Mar 312016
THE SOUTHEAST ASIAN Regional Center for Graduate Study and Research in Agriculture (SEARCA) has inked a deal with four partner institutions in Inopacan, Leyte to encourage inclusive growth and environmental sustainability in agriculture and rural development.
Mar 302016
THE DEPARTMENT of Energy (DoE) is not stopping developers from putting up new coal-fired power plants “for now” because the country needs affordable power to support its economy, but it will be imposing stricter standards to comply with commitments to the international community.
Mar 302016
THE Court of Tax Appeals has denied the Bases Conversion and Development Authority’s (BCDA) petition to be refunded P19.98 million for creditable withholding tax paid on its units in the Serendra Project.
Mar 302016
Taxation law is composed of myriads of laws, regulations, rulings and other issuances — it’s overwhelming even to professional practitioners. From time to time, however, the courts are able to cut through extraneous matters and deliver clear guidance not only for taxpayers but also for tax authorities. One such instance is the recent case decided by the Court of Tax Appeals (CTA) on Jan. 27, 2016. The issue facing the court was whether a domestic corporation that received additional capital by way of contribution from its non-resident shareholder is liable as a donee to pay the alleged donor’s tax on the contribution.
Mar 292016
AGRICULTURE has been declining, manufacturing has remained stagnant, while services have been the most important Philippine sector from the 1970s onwards, the Trade department said, as it highlighted the need to transform the agricultural sector from traditional farming into a globally competitive agribusiness.