VICE-PRESIDENT Maria Leonor G. Robredo on Tuesday called for a comprehensive road map to address the “public crisis” of housing
Aug 162016
BusinessWorld Online: Economy
Aug 152016
REMITTANCES grew for the third straight month in June but at a slower pace clocked in a year ago, the central bank reported yesterday.
Aug 152016
SMC Global Power Holdings Corp. expects its installed capacity to reach around 3,500 megawatts (MW) by next year when its new power plants in Malita, Davao del Sur, and Limay, Bataan, start commercial operations, its president said.
Aug 152016
Finally, after much debate and months of delay, the Implementing Rules and Regulations (IRR) of Republic Act (RA) No. 10708, otherwise known as the Tax Incentives Management and Transparency Act (TIMTA), have been finalized and jointly issued by the Department of Finance (DoF) and Department of Trade and Industry (DTI) through Joint Administrative Order No. 1-2016. TIMTA aims to monitor and evaluate the fiscal incentives granted by investment promotion agencies (IPAs), such as the Philippine Economic Zone Authority (PEZA), Board of Investments (BoI) and others.
Aug 142016
AGRICULTURAL officials cited the poor conditions for crops in the El Niño-hit second quarter, signaling another contraction when the agricultural output report is released today.
Aug 142016
THE Philippines is a “rare safe haven” for investors, Finance Secretary Carlos G. Dominguez III said, adding that Mindanao, as the focus of the new government’s economic strategy, will be particularly attractive for businesses.
Aug 142016
(Second of two parts) In last week’s article, we opened a discussion on Republic Act (RA) No. 9505, also known as the “Personal Equity and Retirement Account (PERA) Act of 2008,” which aims to encourage the general public to save for their retirement. While the law was approved on Aug. 22, 2008, it was only in 2011 that Bureau of Internal Revenue (BIR) Revenue Regulations (RR) No. 17-2011 was released. It articulated the guidelines in the administration of tax privileges and incentives of the PERA Law.
Aug 122016
COCONUT product exports in the first half of the year declined by 23.2% after production volumes suffered as a result of El Niño, the industry association said.
Aug 122016
EXPERTS from the Philippine Rice Research Institute (PhilRice) have evaluated a farming method developed in Indonesia as an effective way to maximize productivity amid the threat of climate change.
Aug 122016
THE Department of Agrarian Reform (DAR), in partnership with the Japan International Cooperation Agency (JICA), has built a P40 million rubber processing plant in Cotabatop to support local producers.