DAVAO CITY — Davao Light and Power Co. (Davao Light) has started implementing four projects with a combined cost of P384.946 million, including the P108-million underground cable system at the city government complex.
Jul 282015
BusinessWorld Online: Economy
Jul 272015
DAVAO CITY — Customs Commissioner Alberto D. Lina has flagged the risk of deteriorating Philippine competitiveness within the Association of Southeast Asian Nations (ASEAN) with further delays in the passage of the Customs Modernization and Tariff Act (CMTA).
Jul 272015
THE TERMS of the Swiss challenge for an elevated toll road that will link the North Luzon Expressway (NLEx) and South Luzon Expressway (SLEx) will be taken up by a National Economic and Development Authority (NEDA) committee next month.
Jul 272015
With the accelerated shift of the Philippines towards a digital economy and the spread of business and investment ideas globally, the country finally took a step forward in promoting fair and free competition in trade and industry as well as an efficient shipping system through the passage of the Republic Act No. (RA) 10667 (Philippine Competition Act) and the amendment of RA 10668 (Cabotage Law).
Jul 262015
A HOUSE panel has prepared a new draft law that will trim income tax rates in two stages, which when enacted would lower taxes by about one-third for individual and corporate taxpayers but would cost the government about P92 billion.
Jul 262015
THE BUREAU of Customs (BoC) is seeking to revive its fuel marking program “as soon as possible” to add bite to the agency’s anti-smuggling efforts.
Jul 262015
In a highly competitive business environment, companies may consider combining business as an avenue for growth. In the banking sector, for instance, regulators encourage smaller banks to consider combining to stay afloat as banking systems in the region integrate in response to the implementation of the Association of Southeast Asian Nations Economic Community.
Jul 232015
THE PHILIPPINES has committed to increase tax collections to ensure it meets the norms outlined in a post-2015 sustainable development goal agenda, the Finance department yesterday said.
Jul 232015
THE BUREAU of Customs (BoC) has revived its inspection requirements for selected export cargoes after previously repealing the policy due to its vulnerability to corruption, the agency said in a new issuance.
Jul 232015
DAVAO CITY — Manufacturers of durian candy which are not certified by the Food and Drug Administration (FDA) have a month to secure one or their provisional business permits will be revoked by the city government.