THE Philippines loses billions of pesos every year in foregone earnings due to out-of-school-children, a study made by the United Nations Educational, Scientific and Cultural Organization (UNESCO) revealed, with the amount equating to nearly one percent of the country’s gross domestic product (GDP).
THE Philippines loses billions of pesos every year in foregone earnings due to out-of-school-children, a study made by the United Nations Educational, Scientific and Cultural Organization (UNESCO) revealed, with the amount equating to nearly one percent of the country’s gross domestic product (GDP).
THE GOVERNMENT will consider a 6% rise in gross domestic product (GDP) this year to be acceptable within the context of the administration’s strong overall economic performance over the past five years, the Secretary of Finance said.
ILOILO CITY — The National Commission for Indigenous Peoples (NCIP) has given consent for the construction of the P11.2-billion Jalaur River Multi-Purpose Project Stage II in Calinog, Iloilo.
DAVAO CITY — Davao Oriental and Surigao del Sur, which used to be at odds over the drawing of their common boundary, are now jointly developing a program that will boost tourism in both provinces.
THE FINANCE and Trade departments have agreed on about 80% of a new scheme for tax incentives for companies, agency officials said yesterday, though resistance remains from several sectors.
WAYS and Means Committee Chairman Senator Juan Edgardo M. Angara said the government’s economic managers have made improving the fiscal situation their main priority while paying little attention to helping the poor.
“A name is peculiarly important as necessary to the very existence of a corporation. Its name is one of its attributes, an element of its existence, and essential to its identity.” (6 Fletcher [Perm Ed], pp. 3-4). Corollary to this, once a corporation’s legal existence is dissolved, its corporate name necessarily loses effect as well.
THE PHILIPPINE CHARITY Sweepstakes Office (PCSO) is targeting P35 billion in gaming revenue in 2015 in order to sustain funding support for the government’s health programs.
PROPOSALS to lower income tax rates could be fast-tracked if Congress enacts two measures that will strengthen the Bureau of Internal Revenue’s (BIR) power to examine taxpayer accounts, senior Finance officials told lawmakers.