TACLOBAN CITY — The Bureau of Fisheries and Aquatic Resources (BFAR) has released P3 million to the Philippine Fisheries Development Authority (PFDA) for the repair of the Tacloban Fish Port.
Sep 212014
BusinessWorld Online: Economy
Sep 212014
(First of two parts) A FEW weeks ago, the International Accounting Standards Board (IASB) issued the complete version of International Financial Reporting Standard (IFRS) 9 Financial Instruments. IFRS 9 is the culmination of the IASB’s project to replace International Accounting Standard (IAS) 39 Financial Instruments: Recognition and Measurement.
Sep 182014
THE BUREAU of Internal Revenue (BIR) has amended its rules in accrediting customs brokers and importers which serves as a requisite for accreditation at the Bureau of Customs (BoC).
Sep 182014
PRODUCTS THAT require import permits from several government agencies will soon be codified into a single reference system as the Customs Bureau aims to improve the compliance of importers in meeting safety requirements.
Sep 182014
THE SUBMISSION of prequalification documents for the P24.4-billion Bulacan Bulk Water Supply Project has been deferred again, an official from the agency-in-charge said yesterday.
Sep 162014
THE PHILIPPINE’S public-private partnership (PPP) program needs reforms that will help market the country as a potential destination for investors keen on developing national infrastructure projects, an Asian Development Bank (ADB) official said.
Sep 162014
ASIAN business leaders said that the coming Association of Southeast Asian Nations (ASEAN) economic integration by end-2015 may take years longer to be fully implemented, as many countries still need to address concerns such as non-tariff barriers hampering free trade in the region.
Sep 162014
IT IS high time for the government to step in to improve Internet connectivity in the Philippines, Senator Paolo Benigno “Bam” A. Aquino IV yesterday said, suggesting that the technology be a basic service offered by the country’s telecommunication companies.
Sep 152014
BAND-AID SOLUTIONS to ease the traffic gridlock in the Philippines — which has fanned inflation and impaired productivity — should be paired with long-term measures in order to completely address the issue, an Asian Development Bank (ADB) official said.
Sep 152014
THE DEPARTMENT of Finance (DoF) yesterday reiterated the need to review the country’s entire tax structure instead of amending the system on a “piecemeal” basis in light of Congress’ move to raise the tax exemption cap for bonuses.