THE PHILIPPINES is in the eye of a global economic storm, with private consumption and investment expected to support overall local output against volatility in the rest of the world, an economist from Standard Chartered yesterday said.
Oct 012015
Oct 012015
DAVAO CITY — Apo Agua Infrastructura Inc. (AAII), a joint venture between listed Aboitiz Equity Ventures, Inc. (AEV) and JV Angeles Construction Corp., is planning to raise funds for its P10-billion bulk water supply project here.
Sep 302015
THE GOVERNMENT plans to release next week the underlying rules governing the implementation of the automobile industry policy, an official from the Trade department said yesterday.
Sep 302015
THE PHILIPPINES will be aiming for a higher position in the global competitiveness rankings after achieving its goal of landing in the top third of this year’s World Economic Forum list, an official from the public-private National Competitiveness Council (NCC) said yesterday.
Sep 302015
Corporate Social Responsibility (CSR) has attracted attention recently as a worthy component of good business practice. It is now considered a vital area of interest in light of the growing awareness that business must assume greater accountability for societal development. Whether it is motivated by the need to ensure corporate sustainability, to acknowledge the expectations of its stakeholders, to create business opportunities, or to undertake a genuine concern in improving conditions of society, corporate leaders and strategists are beginning to understand the various perspectives and benefits of CSR in relation to corporate performance and its operating environment.
Sep 282015
A HOUSE of Representatives panel has approved a measure that seeks to exempt part of the electricity bill from value-added tax (VAT).
Sep 282015
ILOILO CITY — Hosting a series of Asia-Pacific Economic Cooperation (APEC) meetings is bringing in both short- and long-term economic benefits to this city, including an increase in tourism bookings, jobs, and the entry of new investors, according to the mayor.
Sep 282015
On Sept. 24, the Bureau of Internal Revenue (BIR) organized a tax forum at the National Training Center in the National Office where the officials of the Large Taxpayer Service (LTS) discussed recent BIR issuances. It seems that the most controversial issuance is the submission of enhanced inventory lists, the target of the most number of questions and clarifications from the taxpayers in the jam-packed auditorium.
Sep 272015
ILOILO CITY — Senior officials of the Asia-Pacific Economic Cooperation (APEC) endorsed on Friday the Iloilo Initiative, which lays down the groundwork for utilizing the Internet as the means for bringing in micro, small and medium scale enterprises (MSMEs) into the global market.
Sep 272015
DAVAO CITY — Policies that will guide the halal industry in the Philippines will have to be laid out to prepare Mindanao towards participating in the global halal market, which is estimated to have a consumer base of two billion Muslims and an estimated worth of $1.6 trillion by 2018.