THE NATIONAL Grid Corporation of the Philippines (NGCP) has secured regulatory approval to invest P2.31 billion for a transmission project that will connect a new 600-megawatt (MW) coal-fired power plant in Davao del Sur.
Feb 112015
BusinessWorld Online: Economy
Feb 112015
THE BUREAU of Internal Revenue (BIR) has a gargantuan task of achieving its collection target for this year of P1.72 trillion (a significant increase from last year’s target of P1.456 trillion, which was not met). To achieve this goal, the BIR has identified 27 priority programs as explained in a recent circular (RMC 3-2015). Against this backdrop, taxpayers should expect more frequent and aggressive tax audits.
Feb 102015
THE MEASURE to boost power on the Luzon grid has moved to the interpellation stage at the Senate, less than a month before the dry season starts testing the adequacy of supply.
Feb 102015
DAVAO CITY — Mindanao leaders and their Indonesian counterparts are pushing for the revival of flight links between Davao City and Manado in North Sulawesi, citing the need for connectivity to boost sub-regional trade.
Feb 102015
THE REGULATOR has issued final approval for National Grid Corporation of the Philippines’ (NGCP) 2014 revenue cap, confirming the transmission charges imposed by the regulator last year.
Feb 082015
THE GOVERNMENT said it will decide within the month on the project bundling of P116.23-billion worth of contracts to develop, operate and maintain six regional airports, officials said on Saturday.
Feb 082015
DAVAO CITY — Even with the current airport coming in for a P40.57-billion upgrade this year under the national government’s public-private partnership program, Davao’s Regional Development Council (RDC) is planning for a second, bigger airport or a cluster of satellite airports.
Feb 082015
(First of two parts) The Organization for Economic Co-operation and Development’s (OECD) Action Plan 6 on the Base Erosion and Profit Shifting (BEPS) initiative recognizes that countries need to incorporate sufficient safeguards in their tax treaties and domestic rules to protect against practices that take advantage of the differences in national tax systems and the weaknesses in the application of tax treaties.
Feb 052015
THE PHILIPPINE Statistics Authority (PSA) said it will rebase this year two key economic indicators, in a move that could provide the public a more accurate picture of the economy.
Feb 052015
THE GOVERNMENT intends to issue bid documents within the month for the P24.4-billion Bulacan Bulk Water Supply Project (BBWSP), the government’s first water public-private partnership (PPP) project that was rolled out last year.