CABINET officials rejected claims that Chinese funding for infrastructure will burden the economy with too much debt, saying that tax reform will help the Philippines raise the bulk of the needed funds internally.
THE PHILIPPINES and Mongolia have agreed to improve their ties in the areas of agriculture, tourism, trade and finance.
Change is inevitable, and whether we like it or not, we have to adapt and learn to handle changes that come our way. The same goes for taxation, one area of the law that is constantly in flux. The changes in taxation are not limited to the proposed reform of income tax rates or fuel and auto taxes but these can also be seen in the procedures of the Bureau of Internal Revenue (BIR). Tax rulings, in particular, have seen significant changes throughout the years.
INFRASTRUCTURE spending grew a little over 12.2% in the first quarter, driven by road projects by the Public Works department, the Department of Budget and Management (DBM) said in a report over the weekend.
DEPARTMENT of Environment and Natural Resources (DENR) Secretary Roy A. Cimatu said he is open to allowing new mining projects after an investment freeze dating back to 2012 when Executive Order (EO) 79 was issued.
As megatrends continue to disrupt the way businesses generate value, enterprises are now seizing opportunities in automation and other advancements in technology to be more agile and competitive. In last week’s article, we introduced robotics and discussed how it is transforming the workplace. In this article, we will now look at some of the opportunities for organizations that are looking to invest in robotics.
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THE Energy Regulatory Commission (ERC) has approved an order requiring Manila Electric Co. (Meralco) to implement next month its refund to its electricity customers covering nearly P7 billion worth of over-recoveries for the past few years.
AIRASIA Group CEO Tony Fernandes said his group will help develop the Philippines’ airports in the coure of expanding operations in the country as a “show of trust” in President Rodrigo R. Duterte’s administration.