DAVAO CITY — A Malaysian trade official has called on local producers to explore opportunities for supplying raw materials to various Malaysian manufacturing companies.
Feb 252016
BusinessWorld Online: Economy
Feb 242016
THE FISCAL DEFICIT likely settled at around the P100-billion level in 2015 given a sizeable uptick in public spending in December, a Manila-based analyst from ING Bank NV said.
Feb 242016
REVENUE GROWTH across key industries eased to its lowest level in at least 15 quarters due to a decline in factory sales, the Philippine Statistics Authority (PSA) reported yesterday.
Feb 242016
Documentary stamp tax (DST) is one of the most overlooked taxes because normally this is just a small percentage of a transaction unless the amount involved is quite significant. DST is imposed on the privilege of entering into certain transactions through the execution of specific instruments or documents, such as the sale or lease of land, issuance or transfer of shares of stock, loans or other forms of indebtedness, and insurance premiums, among others.
Feb 232016
THE PHILIPPINES must continue forging public-private partnerships (PPPs) to bridge its infrastructure gap, channel more public funds to social services and subsequently realize inclusive growth.
Feb 232016
THE TRANSPORTATION department has postponed the bid submission for the P108.19-billion contracts to develop, operate and maintain (O&M) five regional airports under the public-private partnership (PPP) program, as it has yet to release a copy of the contract.
Feb 232016
THE NATIONAL Grid Corporation of the Philippines (NGCP) expects to complete this year a transmission facility in Eastern Visayas that it said was “crucial” to the recovery of the province from recent typhoons.
Feb 222016
SUSTAINING confidence in the Philippine economy beyond the Aquino administration will hinge on both the credibility of the national election and the strength of the winner’s mandate, the secretary of Finance said.
Feb 222016
THE DEPARTMENT of Public Works and Highways (DPWH) expects Northern Mindanao to receive an influx of investments after the completion of more than 800 infrastructure projects worth P18.7 billion early this year.
Feb 222016
Taxation is the lifeblood of the government. For the government to function, it needs its citizens to contribute to this lifeblood. With the mandate to assess and collect national taxes, the BIR is starting off 2016 with two things: a collection goal through Revenue Memorandum Order No. 2-2016 and a number of programs to attain that as summarized in Revenue Memorandum Circular No. 14-2016.