THE Philippines rose 11 places in a global ranking of ease of tax compliance for businesses, according to the World Bank Group (WB) and PricewaterhouseCoopers (PwC).
Nov 172016
BusinessWorld Online: Economy
Nov 172016
CHINA is interested in developing at least one industrial economic zone in the Philippines, promising to shoulder most of the expenses as part of the “quick turnaround” of the countries’ bilateral relationship, a trade official said.
Nov 162016
SLOWER GROWTH in the three months to September will be offset in the rest of the year by strong infrastructure spending, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said in a report.
Nov 162016
THE Department of Energy (DoE) has asked the government agency that owns the Agus and Pulangi hydroelectric complex to allocate the output of Mindanao’s main power source to areas that need it the most.
Nov 162016
THE Environment secretary said the nomination for environmental awards of miners her department recommended for suspension reflects the lax criteria in use for the awards.
Nov 152016
THE European Chamber of Commerce in the Philippines (ECCP) said that it will endorse over 60 business-friendly local government units (LGU) to various business groups in order to encourage more regional development.
Nov 152016
BIDDING for the P50.2-billion regional prison facility (RPF), which is to rise at the Fort Magsaysay military reservation in Nueva Ecija, has moved further to 2017, according to the Department of Justice’s Pre-Qualifications, Bids and Awards Committee (PBAC).
Nov 152016
CEMENT sales in the third quarter rose 5.4% by volume, following an increase in infrastructure spending and improved private-sector confidence in the government.
Nov 142016
REVENUE growth of Philippine telecommunications companies is expected to come under pressure next year, with EBITDA (earnings before interest, taxes, depreciation and amortization) margins shrinking the most among Asian markets amid fiercer competition and higher capital expenditures.
Nov 142016
THE REVENUE issuances of the previous government requiring a 10-year archive of taxpayers’ books and records should be reviewed by the Bureau of Internal Revenue (BIR), according to the Tax Management Association of the Philippines (TMAP).