BusinessWorld Online: Economy

May 072014
 

DÉJÀ VU, a French phrase which literally means “already seen”, is the phenomenon of having the strong sensation that an event or experience currently being experienced has been experienced before, whether it has actually happened or not. This is the sensation I had when the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular No. (RMC) 16-2014, announcing the effectivity of the Philippines-Nigeria tax treaty.

May 052014
 

DAVAO CITY — Some sectors may see the Aboitiz-owned coal-fired power plant complex in Toril, Davao City, and Sta. Cruz, Davao del Sur, as the answer to power problems on the island. But, Mindanao Business Council Chairperson Vicente T. Lao has expressed concern about the 645-megawatt (MW) project.