THE DEPARTMENT of Energy (DoE) is expanding the membership of a technical working group that will look into setting stricter emission standards for coal-fired power plants to align industry practice with the country’s climate change pledges.
STRONGER IMPORTS of capital goods last year indicate the continued expansion of the Philippine economy into 2016, according to the Finance department’s chief economist.
THE SUBIC BAY Metropolitan Authority (SBMA) posted pre-tax earnings of P1.1 billion last year after it incurred a hefty increase in foreign exchange losses that cut into its operating revenues.
The 1997 National Internal Revenue Code requires that the assessment and collection of internal revenue taxes be done only within a limited period. Generally, the Bureau of Internal Revenue (BIR) must assess and collect any deficiency national tax within three (3) years from the prescribed date for filing tax returns or the date of actual filling, whichever is later.
THE DECLINE in Philippine online hiring slowed in February compared with the end of 2015 but remained significantly worse than year-earlier levels, online hiring site Monster.com said in announcing its latest Monster Employment Index. (MEI).
DAVAO CITY — The Mindanao Development Authority (MinDA) has signed separate agreements with the US Agency for International Development (USAID) and the Asian Development Bank (ADB) for the development of the South Central Mindanao Corridor (SCMC), one of three geographic clusters identified under the Mindanao 2020 plan.
RAISING INVESTMENT in public infrastructure would translate to around 5% of economic expansion for the Philippines after 15 years, an economist from the International Monetary Fund (IMF) said.
INFLATION is expected to remain benign throughout the first half of 2016, an analyst said on Monday, with depressed oil prices seen tempering any upside price shocks.
THE NATIONAL Power Corp. (Napocor) is rebidding this month a solar-diesel hybrid power plant on Limasawa island that could serve as a template for similar projects to be bid out to private companies to hasten the electrification of remote villages.
You’ve probably heard that some Bureau of Internal Revenue (BIR) examiners are asking for transfer pricing documentation as part of regular audits. We are also aware that the BIR International Tax Affairs Division (ITAD) has been asking for transfer pricing documentation from companies applying for tax treaty relief for transactions involving related parties.