SPEAKER FELICIANO R. Belmonte, Jr. has joined calls to adjust income tax rates, but could not yet say if the measure would be prioritized by Congress in its final stretch of sessions.
Aug 272015
BusinessWorld Online: Economy
Aug 272015
DAVAO CITY — The National Economic and Development Authority (NEDA) has kicked off the process of obtaining approval from the city council for the P18.99-billion Sasa Port modernization and the P40.57-billion Davao International Airport expansion.
Aug 272015
BEAUTY AND HYGIENE products were the fastest growing consumer segment in the year to June 2015, significantly outpacing gains in other categories, including food, beverages and household products, according to a study of 3,000 Filipino households.
Aug 262015
INFRASTRUCTURE spending in the second quarter grew by more than a third as the Public Works department exceeded its building program, the Department of Budget and Management (DBM) yesterday said.
Aug 262015
THE DEPARTMENT of Finance (DoF) yesterday asked the public to help monitor Customs employees who abuse their authority in inspection balikbayan boxes, according to the latest Tax Watch advertisement.
Aug 262015
“CABOTAGE” comes from the French caboter, which means “to sail along the coast.” In our context it refers to the right to transport cargo or passengers via land, sea or air between two places within the same country.
Aug 252015
THE BUREAU of Customs (BoC) yesterday asked freight forwarders to install X-ray devices in warehouses to fast-track the release of “balikbayan boxes” from Overseas Filipino Workers (OFW) while curbing the entry of smuggled and prohibited goods.
Aug 242015
THE DEPARTMENT of Energy (DoE) is pushing for measures that will support the growth of the country’s liquefied petroleum gas (LPG) sector, officials at a forum yesterday said.
Aug 242015
FOREIGN BUSINESS associations in the Philippines have renewed their push at the House of Representatives for the passage of a law to create a Department of Information and Communication Technology (DICT).
Aug 242015
Taxpayers have found some interpretations of the Tax Code to be unfair. There is hope in the courts though as seen in the Supreme Court decision on the Poverty Eradication and Alleviation Certificates (PEACe bonds). More than a decade ago, the Bureau of Treasury issued to the winning bidder P35 billion worth of 10-year zero-coupon treasury bonds designated as PEACe bonds of the Caucus of Development Non-Governmental Organization Networks (CODE-NGO), the country’s largest nonstock, nonprofit organization, which is composed of six national and six regional member networks, working for social development.