DAVAO CITY — Potential foreign buyers are expected to attend the 1st International Coconut Conference here that will focus on the development of largely unexplored by-products and a more distinct branding for Philippine exports.
With appointment of the new Bureau of Internal Revenue (BIR) Commissioner, Atty. Cesar R. Dulay, everyone is expecting significant changes to happen in the BIR. Atty. Dulay is joining an organization cited by President Duterte as one of the most corrupt government agencies. Certainly, changing such an organization will be one gargantuan task. Stakeholders like the local and foreign business organizations, tax practitioners, individual taxpayers, and foreign investors are eagerly observing the changes that are being introduced. It is worthwhile to examine the BIR issuances released by the new Commissioner for the first two weeks after he assumed his post last July 1. These issuances give the stakeholders and observers a clear insight of the changes what we will expect and the priorities of this new administration.
A MAJOR labor union called for clarification from the government on which jobs it considers suitable for contractualized work arrangements, marking a shift in its total opposition to jobs that do not offer a pathway to permanent employment.
“OPEN and systematic monitoring” will be critical to the success of the Sin Tax Law, a World Bank working paper reported as it flagged information gaps that need plugging.
(First of two parts) Many companies consider doing an initial public offering (IPO) as the pinnacle of success, the achievement that not only affirms the company’s business model, but also quantifies the trust and faith of stakeholders and investors. A successful IPO is a great opportunity to fund growth and increase a company’s exposure to stakeholders and the public. It can enhance the company’s reputation and market standing, as well as attract new talent. It also helps raise capital for a company while allowing its owners to keep control of the company and continue executing strategic decisions without being absorbed by a larger entity, such as in a merger or acquisition.
THE Home Development Mutual Fund has saved P136 million in operational expenses after contact centers were outsourced in December, it said in a statement.
THE Caucus of Development NGO Networks (CODE-NGO) has urged the Department of Budget and Management to reconsider its plan to discontinue the Bottom-Up Budgeting program for 2017.
THE administration of President Rodrigo R. Duterte aims to hike the spending on infrastructure to 7% of the economic output within his term, Budget Secretary Benjamin E. Diokno said on Thursday.
THE unsolicited rail proposal endorsed by the state-run Philippine National Railway (PNR) calls for a Light Rail Transit line along the length of Quezon Avenue.
THE INCREASE in retail prices of construction materials in the National Capital Region slowed in June after three consecutive months of steady upticks, according to the Philippine Statistics Authority (PSA).