MOTORCYCLE sales increased by 34% in the first two months of the year, an association of motorcycle manufacturers said, supporting optimism that its growth projection for 2016 would be exceeded.
Mar 232016
BusinessWorld Online: Economy
Mar 222016
THE GOVERNMENT continued to exceed its target collection of “sin” taxes in the first two months of the year, as producers released more tobacco and alcohol products onto the market.
Mar 222016
THE GOVERNMENT remains steadfast in awarding seven more public-private partnerships (PPP) before the next administration takes over, according to the PPP Center, despite the recent postponements in the bidding of such projects.
Mar 222016
THE ENERGY Regulatory Commission (ERC) has moved to April 30 the effectivity date of a resolution ordering distribution utilities to conduct a competitive selection process (CSP) when sourcing their power supply.
Mar 212016
THE PHILIPPINES is expected to benefit from China’s massive infrastructure investment drive, the Hongkong and Shanghai Banking Corp. Ltd. (HSBC) said, with more options to become available for infrastructure financing.
Mar 212016
POTENTIAL INVESTORS for the P170.7-billion South Line of the North-South Railway Project (NSRP) have two additional weeks to prepare for the qualification round, after the Transportation department agreed to move the timetable of the biggest public-private partnership (PPP) project to date.
Mar 212016
The Bureau of Internal Revenue (BIR) is continuously intensifying its efforts in collecting taxes. As a result, more taxpayers are receiving Letters of Authority and being subjected to various forms of BIR examination. Therefore, it is recommended that taxpayers prepare for possible tax audits not just by reconciling their books but also of equipping themselves with knowledge on tax laws and regulations, particularly on the due process applicable to tax examinations.
Mar 172016
JOINING the Trans-Pacific Partnership (TPP) has become imperative for the Philippines because of recent indications that foreign investors have sounded off their intensions to relocate to economies that offer a greater advantage because of their membership to the trading bloc.
Mar 172016
THE PHILIPPINES, along with Malaysia, will suffer the most in Association of Southeast Asian Nations (ASEAN) given a further slowdown in China’s economy until 2020, according to a working paper from the Asian Development Bank Institute (ADBI).
Mar 172016
THE DEPARTMENT of Agriculture (DA) is looking to acquire about P20 million worth of drones to aid in the rapid mapping and assessment of farmland damaged by drought, an official said.