Economy – Page 402

Resource scarcity and climate change

Economy

Mar 092014

“GOING GREEN” has rapidly become the new norm for the industries of tomorrow. This mindset — coupled with initiatives and policies that focus on climate change, resource scarcity, and increased consumer, industry and political interests — is putting pressure on businesses to evolve from traditional technologies to more innovative ones. In this environment, it is inevitable that clean technologies for efficient resource consumption, renewable energy, biofuels, information technology, and waste reduction and management, among others, will lead to a paradigm shift in business practices.

Philippines gets more flights to New Zealand

Economy

Mar 072014

AIR SERVICE talks have yielded more weekly seat allocations between the Philippines and New Zealand.

Accreditation of over 100 importers, brokers suspended

Economy

Mar 072014

THE CUSTOMS bureau suspended the accreditation of over 100 importers and brokers due to alleged violations of the agency’s policies and procedures in filing import documents as part of continuing reform efforts.

MB predicts ‘above-trend’ growth

Economy

Mar 072014

THE POLICY-making Monetary Board is bullish on the country’s expansion, saying that the Philippines may record “above-trend growth”, but recognized that volatility in financial markets will remain a challenge in the near-term.

ASEAN-HK trade deal studied

Economy

Mar 052014

THE PHILIPPINES is studying a possible ASEAN free trade agreement (FTA) with Hong Kong, Trade Secretary Gregory L. Domingo yesterday said.

Malaysia, Philippines agree to see biz prospects

Economy

Mar 052014

BUSINESSMEN from Malaysia and the Philippines have agreed to explore investment opportunities in each other’s palm oil, rubber, infrastructure, and tourism sectors, Trade Secretary Gregory L. Domingo yesterday said.

The right to due process in a tax assessment

Economy

Mar 052014

THE BUREAU of Internal Revenue (BIR) has the gargantuan task of collecting P1.4 trillion in tax revenue for 2014. Consequently, various revenue issuances have been circulated to enhance tax compliance and intensify collection efforts. One such issuance is Revenue Memorandum Circular (RMC) No. 11-2014, clarifying certain issues arising from amendments introduced by Revenue Regulations No. 18-2013 on RR 12-99 relative to the tax assessment process. In fine-tuning policy interpretations, the RMC raises several points of interest.

Import lists expanded

Economy

Mar 042014

THE CUSTOMS bureau has expanded its importation lists, which are published monthly, to include non-dutiable items entering the country, it said yesterday.

W. Visayas jobless rate slows to 6.2%

Economy

Mar 042014

BACOLOD CITY — The unemployment rate in Western Visayas declined to 6.2% in 2013 on the back of continued expansion in the business process outsourcing (BPO) sector.

Motor vehicle output up 14% in January

Economy

Mar 042014

PRODUCTION of motor vehicles in the Philippines grew by double digits in January but still lagged behind that of other Southeast Asian countries, data from the ASEAN Automotive Federation showed.

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