THE ASIA-PACIFIC Economic Cooperation (APEC) Business Advisory Council (ABAC) has highlighted sectors of the economy that it expects to be the new drivers of growth while addressing income inequality in the region.
Nov 162015
Nov 162015
We have been expecting for a couple of months now the Asia-Pacific Economic Cooperation (APEC) meeting which shall be held tomorrow. The government has been prepping more than ever. It is all over the news how the authorities plan the use of the streets to pave the way for the arrival of guests. New bollards have been installed in our main thoroughfares, not to mention the closure of some roads and re-routing. And of course there is the creation of Mabuhay Lane and APEC lane. Passing through EDSA every day and being caught up in the various dry runs, I can make out this event to be a really big deal.
Nov 152015
THE DEPARTMENT of Finance (DoF) and the Bureau of Internal Revenue (BIR) have raised objections against a measure providing tax incentives for “first-time” homebuyers.
Nov 152015
HONG KONG — The deadlock over Metro Pacific Tollways Corp.’s (MPTC) long-delayed toll rate petitions continues after the Toll Regulatory Board (TRB) extended the period for the two parties to reach a settlement.
Nov 152015
(First of two parts) Action 9 of the Base Erosion and Profit Shifting (BEPS) 2015 Final Reports deals with transferring risks among, and allocating excessive capital to, group members, as part of the consolidated Actions 8 -10 on aligning transfer pricing (TP) outcomes with value creation. Action 9, together with Action 10 (Other high-risk transactions), revises Chapter I, Section D (Guidance for applying the arm’s length principle) of the Organization for Economic Cooperation and Development (OECD) TP Guidelines.
Nov 132015
THE TRANSPORTATION department is inviting contractors to join the rebidding of two regional airport development projects worth a combined P1.048 billion in December.
Nov 132015
DAVAO CITY — Environment group Ban Toxics has identified mercury and cyanide as the biggest chemical threats in the Davao Region, with both substances mainly used by small-scale miners in the gold-rich area of Mt. Diwalwal in Compostela Valley province.
Nov 132015
THE Bureau of Customs (BoC) will continue to operate in three major ports with skeleton staff to continue accepting shipments despite the Metro Manila-wide holiday next week.
Nov 122015
THE BUREAU of Customs (BoC) has set a three-month trial period for shifting to an electronic system of filing export declarations.
Nov 122015
NEXT WEEK’S Asia-Pacific Economic Cooperation (APEC) SME Summit will call on large corporations to directly include small businessmen in their supply chain to help them “move up” and grow their enterprises.