DAVAO CITY — The business sector in Mindanao is looking forward to the agricultural roadmap that will be drafted by the administration of incoming president Rodrigo R. Duterte, and is hopeful that this will address the longstanding problems of access to financing, more research support, and forging peace with the communist insurgency.
INFRASTRUCTURE spending grew by more than half during the first three months of the year as government agencies sought to front-load disbursements for big-ticket public works projects ahead of an election ban and as the state paid higher salaries to government workers.
In recent years, the Bureau of Internal Revenue (BIR) has experienced setbacks in many cases where the courts set aside and canceled deficiency tax assessments on the ground that the waiver signed by the taxpayer is invalid. As many taxpayers will know, the waiver — technically, the “Waiver of the Statute of Limitations” — extends the period within which the BIR may issue a deficiency assessment against a taxpayer…
INCOMING PRESIDENT Rodrigo R. Duterte pledged on Thursday, to spread economic activity beyond the overpopulated capital of Manila, calling it a “dead” city overrun by shantytowns.
PRESIDENT Benigno S. C. Aquino III has signed into law an act that imposes heavy sanctions on the large-scale smuggling of agricultural products.
THE FEDERATION of Philippine Industries (FPI) said the incoming Energy secretary should not be influenced by the “conflicting agendas” of industry stakeholders, and needs to stake out a policy vision suited to the country’s development needs.
INVESTMENT approvals in April surged, posting more than twice the amount reported during the same period last year, data from the Board of Investments (BoI) said.
THE PHILIPPINE construction industry is expected to grow in the next four years, reaching $47.0 billion in 2020 through funds driven largely by the residential and the infrastructure markets, a report by Timetric’s Construction Intelligence Center (CIC) said yesterday.
The digital age has reintroduced data as a crucial resource for businesses. Data is now a precious asset that you can convert to valuable and useful information to help your business grow. Needless to say, if data is not being carefully safeguarded, opportunities and even confidential information may be lost. The recent data breach in the Commission on Election Web site has placed people’s privacy at risk, ranging from access to their bank accounts to using their personal information for impersonation, fraud, and much more. This and other similar incidents have reinforced the business community’s concern over the security of their data. They ask: “How will I know if my data is being breached when the thieves are just there, lurking in the dark?”
THE INCOMING secretary of the Department of Energy (DoE) will seek to strike a balance between what power consumers need and the concerns of other sectors including those that have been voicing out their opposition to the construction of coal-fired plants.