INFORMATION TECHNOLOGY (IT)-related jobs generated the highest salary offers at entry level, according to Web-based hiring company JobStreet.com.
ING BANK N.V. expects new opportunities in wind energy projects in the Philippines even after the country reached an operational capacity of 400 megawatts (MW), which it said was the highest so far in the region.
HOG raisers said the size of their herd is shrinking because of rampant smuggling and lobbied for the government to take action, while once more raising the prospect of a so-called “pork holiday” during which they will withhold supply from the market for five days.
REMITTANCES likely grew by nearly 5% in January to remain at the $2 billion level, analysts at ANZ Research said, with a stronger dollar helping the indicator overcome its usual post-Christmas weakness.
“I love the Philippines, I Pay My Taxes Right. It’s easy as RFP.” This was the tax campaign theme of the Bureau of Internal Revenue (BIR) launched in 2014. According to the BIR, the concept of love for the country was carried in the RFP campaign. RFP stands for Register, File and Pay which captures the basic steps that a taxpayer should follow to be able to comply with his obligation of “paying right taxes” for nation building. Failure to comply may result in significant financial consequences on the taxpayer, with imprisonment as a worst case.
LOCAL GOVERNMENT units (LGUs) have raised concerns over the delayed release of their share in state revenue from mining, oil and gas companies.
THE BUDGET department has released 78.7% of the P3.002-trillion national budget as of end-February.
In previous weeks, we discussed the various Action Plans issued by the Organisation for Economic Co-operation and Development (OECD) resulting from the work done for the Base Erosion and Profit Shifting (BEPS) initiative. This week, we focus on Action Plan 11. Unlike the other Action Plans which seek to address specific causes or sources of BEPS, Action Plan 11 seeks to measure the fiscal and non-fiscal consequences of BEPS, and to monitor the implementation of the OECD’s recommendations to curb aggressive tax planning strategies which result in the artificial shifting of profits.
THE weakening El Niño has so far damaged crops amounting to P1.9 billion, the Department of Agriculture (DA) said.
THE Board of Investments (BoI) has approved up to 144 renewable energy investment projects worth P170.9 billion for five years ending in December 2015, adding generating capacity of 3,861 megawatts (MW).