IMPORTERS may no longer release products subject to excise duties from the country’s ports without first going thru the Bureau of Internal Revenue (BIR) National Office.
Jan 082016
BusinessWorld Online: Economy
Jan 072016
PHILIPPINE delegates to the climate talks in Paris should “carefully plan” the steps forward in adopting mitigating measures to slow down the increase in the Earth’s temperature, the Federation of Philippine Industries (FPI) said.
Jan 072016
THE PHILIPPINES could be a solid market for certain British service companies that will be looking to tap a “transforming” economy that is becoming “more sophisticated,” UK Foreign Secretary Philip Hammond said.
Jan 072016
THE BUREAU of Fisheries and Aquatic Resources (BFAR) is launching next month a five-year plan that will promote “optimal development and long-term sustainability” of the benefits derived from the country’s marine resources.
Jan 062016
THE SUPREME COURT (SC) has issued a temporary restraining order (TRO) against a Manila court’s injunction that revived in August the customs processing modernization project aborted by the Bureau of Customs (BoC).
Jan 062016
INFLATION could continue crawling upward in the next two years after hitting a seven-month high in December, ING Bank said yesterday, though it sees price growth settling at the low end of the central bank’s medium-term target range of 2%-4%.
Jan 062016
No rest for the wicked. This expression finds its origin in the book of Isaiah 48:22 “There is no peace for the wicked.” Today, stripped from its Biblical context, it’s a modern idiom to mean continuing with the work despite weariness. In the corporate world, it has associations with productivity.
Jan 052016
THE PHILIPPINES’ chief tax collector will submit this month the draft revenue regulation for the Tax Incentives Management and Transparency Act (TIMTA) for the Finance department’s approval.
Jan 052016
ESCALATING TENSIONS in the Middle East may adversely impact worker deployments to the affected countries and cause a corresponding drop in remittances, the Bangko Sentral ng Pilipinas (BSP) governor said, though he noted that the effect could be temporary.
Jan 052016
INDONESIA may relax rules on the export of metal concentrates following the collapse in metals prices, while keeping a ban on raw ore shipments, according to Energy and Mineral Resources Minister Sudirman Said.