ROSALIA V. DE LEON will be returning to her post as National Treasurer, according to Finance department, as she comes back from her two-year assignment to the World Bank.
CHINA has agreed to cooperate with the Philippines on three projects worth $3.44 billion and not the initially reported 30 projects worth $3.7 billions agreed on during the meeting between the two countries held in Beijing on Monday.
THE Korean business chamber said that the death of a South Korean businessman in police custody undermines the Philippine growth story, and warned that this may drive away tourists and potential investors that are now becoming more concerned for their safety here.
BUSINESS process outsourcing (BPO) firms here are putting their expansion plans on hold in the Philippines as they await any US moves towards greater protectionism.
Last year, one of the most interesting discussions among working Filipinos was the proposed tax reform. As taxpayers who prioritize putting food on the table and providing a better life for our families, we remain eager for the proposed tax restructuring plans especially the proposed reduction in the personal income tax which promises to increase take-home pay.While the deliberations for tax reform are still in progress, our lawmakers took a closer look at a sector of our society that may need more assistance from the government — Persons with Disability (PWDs) and those caring for them — so that they may enjoy additional tax incentives.
THE Bureau of Internal Revenue (BIR) has submitted a proposal to Congress seeking the bureau’s exemption from the Salary Standardization Law, as a measure to help address the agency’s underperformance against revenue targets.
THE Philippine chairmanship of ASEAN this year will be marked by a deepening of regional ties in order to keep the trajectory of inclusive growth on an “upswing.”
GROWTH in the business process outsourcing (BPO) sector could slide over the next few years should the US government discourage companies from tapping foreign labor markets for their operations, an analyst at ING Global Markets Research said.
THE Senate committee on ways and means will seek to temper the first tax reform package of the Department of Finance (DoF), with the committee chair, Sen. Juan Edgardo M. Angara, calling the proposal too aggressive.
THE European Chamber of Commerce of the Philippines (ECCP) said that the new Investment Priorities Plan (IPP) will help address certain “pressing issues” on the investment process, given the high cost of doing business here compared to other ASEAN countries.