LOW VACANCY rates for Metro Manila office space in the first half of 2017 could stifle the activities of companies needing to expand their operations, property consultant Pronove Tai said.
Jul 252017
Jul 252017
FOLLOWING President Rodrigo R. Duterte’s appeal to the Senate to pass Tax Reform for Acceleration and Inclusion (TRAIN) legislation, the Finance department said its implementation is possible by the end of the year.
Jul 242017
CEBU-BASED furniture maker Maison Galuchat, Inc. has secured approval for the registration with the Board of Investments (BoI) of its P9.13-million venture that seeks to export 100% of its production.
Jul 242017
THE deal to settle Mighty Corp.’s P25-billion tax liability, accompanied by a takeover of the company by JT International (Philippines), Inc., may require approval from the Philippine Competition Commission (PCC), the Finance department said.
Jul 242017
Taxpayers are looking forward to the proposed tax reform of the Department of Finance (DoF). While the first package of the tax reform is now pending with the Senate, the DoF is starting to work on the second package. Both packages propose a reduction in income tax rates for both individuals and corporate taxpayers. While the reduction in the income tax rate is a welcome change, I am still hopeful that the reform in the withholding tax (WHT) system is also included.
Jul 232017
THE GOVERNMENT has started to invite parties to bid for the P12.55-billion Clark International Airport Terminal, the first project to fall under the government’s hybrid public-private partnership (PPP) scheme.
Jul 232017
THE extension of military rule over Mindanao to the end of the year is not costing the region any investments so far, Finance Secretary Carlos G. Dominguez III said.
Jul 232017
In the last decade, the phrase “inclusive growth” has emerged as an axiom among government policy makers in the Philippines, a trend that is seeing significant support from the business community.
Jul 212017
THE PUBLIC-PRIVATE Partnership (PPP) Center signed an agreement with a group of local government units (LGUs) last Tuesday in a bid to help them formulate projects.
Jul 202017
NEW TAXES expected to be in place by next year will likely have a one-off impact on inflation, the Bangko Sentral ng Pilipinas (BSP) said, adding that such adjustments would not cause a sudden surge in commodity prices.