DELAYS in the improvement of Davao City’s Sasa port are expected to temper the rapid growth of Mindanao’s trade and industry hub, according to the Finance department.
Jul 092017
BusinessWorld Online: Economy
Jul 092017
All of us are under threat. Because of human activity, our planet is now out of balance. Earth’s vital signs are worsening: the planet is warming, CO2 is increasing, sea levels are rising, and numerous species are disappearing. In some parts of the world, people are being driven out of their homes because they have no food to eat and no clean water to drink. We must all take action to save our environment for the sake our future generations.
Jul 072017
THE COUNTRY’S economic team and its Japanese counterpart moved to streamline infrastructure implementation as they firmed up the list of Japan-funded projects during their second High Level Joint Committee and Infrastructure Development and Economic Cooperation meeting on Friday.
Jul 072017
THE PROPOSED tax reform program will retain fiscal incentives for firms registered with the Board of Investments (BoI) as well as economic zone locators stated under the Special Economic Zone (SEZ) Act, the Finance department clarified.
Jul 062017
RAPID CREDIT growth in the Philippines is unlikely to trigger a domestic funding crunch, as it comes alongside upbeat economic activity and as banks stand better positioned 20 years after the Asian Financial Crisis, analysts at S&P Global Ratings said.
Jul 062017
CABINET MEMBERS in charge of the economy and infrastructure met with Japanese officials yesterday evening for the second Philippines-Japan Joint Committee on Infrastructure Development and Economic Cooperation, to prepare Japan-funded infrastructure projects ahead of Prime Minister Shinzo Abe’s visit in November for signing ceremonies.
Jul 062017
THE Bases Conversion and Development Authority (BCDA) will present to investors by next month the master plan for its flagship Clark Green City project.
Jul 052017
THE Department of Budget and Management (DBM) is optimistic budget legislation for 2018 will be passed by October, alongside the tax reform program.
Jul 052017
THE GOVERNMENT’S provision of relief from higher prices of commodities due to higher taxes will drive the need for a national identification system to ensure that benefits go only to those entitled to them, officials said.
Jul 052017
Taxation is the lifeblood of the government. Through the collected taxes, the government is able to fund the increasing need of its people for infrastructure, education, health, etc. The Bureau of Internal Revenue (BIR) is the Philippine government’s largest revenue collecting arm. For this year alone, the Bureau was assigned a P1.8 trillion tax collection target.