FOREIGN COMPANIES are interested in putting up power charging stations in the country even ahead of the wider acceptance of electric vehicles (e-vehicles), possibly easing the concerns raised by owners of these units.
Jun 262017
Jun 262017
THE GOVERNMENT is keen to obtain financing for the South Line of the North-South Railway Project through official development assistance (ODA) from China after yesterday marking the stations for the North Line of the project, which will be funded by Japan.
Jun 262017
Many taxpayers believe that, in a tax assessment conducted by the Bureau of Internal Revenue (BIR), even though the taxpayers submit a reply to the Preliminary Assessment Notice (PAN), a Final Assessment Notice (FAN) or Formal Letter of Demand (FLD) will be issued against them by the BIR without considering the arguments laid down in the reply to PAN. Some have the impression that the FAN is already drafted or prepared ahead without waiting for the taxpayer’s reply to PAN. This is due to the observation that most of the time, the contents of the FAN are basically the same to that of the PAN.
Jun 252017
THE CHAIRMAN of the House ways and means committee said he stands by the version of the comprehensive tax reform program passed on final reading last month, saying it represented the sentiment of all the members of the House of Representatives, and suggested that the Department of Finance (DoF) consult with legislators on future tax packages.
Jun 252017
DAVAO CITY — The Davao Gulf Metropolitan Development Authority (DGMDA), with a charter similar to that of the Subic Bay Metropolitan Authority, is in the legislative works to handle the development of a freeport zone covering various local governments in the region.
Jun 252017
After some 34 years in SGV, I will be retiring from the firm in five days. Many thoughts crowd in my head — my mentors through the years, the lives of people whom I have touched, the opportunities won and lost, the challenges and lessons learned, the ups and downs of the economy, the technological advancements that reshaped the work force, the disruptions facing the professional services sector and business in general, and most importantly, if I had fulfilled my role as a steward because it is one that I have never taken lightly.
Jun 232017
THE Department of Information and Communications Technology (DICT) launched on Friday its National Broadband Plan (NBP), as it sought the participation of governments abroad that can assist in the feasibility study needed to implement the initiative seen to improve the telecommunications sector.
Jun 222017
THE PHILIPPINE Ports Authority (PPA) has allowed Manila North Harbour Port, Inc. (MNHPI) to increase its cargo-handling rates by 24% over the next three years.
Jun 222017
STANDARD Chartered PLC wants to participate in the government’s infrastructure program, offering to finance a railway project and helping revamp the Development Bank of the Philippines (DBP), the Department of Finance (DoF) said yesterday.
Jun 222017
GENERAL government (GG) debt as share of the economy continued to decline in end-2016, even though the total rose in absolute terms, the Finance department said yesterday.