THE Multi-Agency Mining Industry Coordinating Council (MICC), which starts reviewing today developments in the industry, will ensure that due process is observed and contracts entered into with miners are honored, Finance Secretary Carlos G. Dominguez III said.
THE Department of Agriculture (DA) said it will need a P400 billion budget over the next two years to boost farm production and finally achieve rice self-sufficiency by 2019.
CANADIAN FIRMS will continue to mine in the Philippines as long as the government allows them and will abide by standards outlined under the law, according to the Embassy of Canada.
THE Department of Finance (DoF) wants a direct subsidy instead of tax exemptions for building materials used in socialized housing projects, citing the potential for massive leakages from the current “imperfect” tax system.
THE BUREAU of Customs (BoC) has ordered the consolidation of criminal prosecution functions of some of its agencies into a single office, to ensure the efficiency of its anti-smuggling campaign.
(Second of two parts) Last week, we took a look at the broad-level changes that transport network companies have wrought on the local transportation landscape. This week, we focus on looking at the possible effects of a price cap on high-demand pricing.
If you are asked to increase sales by 15 to 20%, you’d be thinking of a massive effort. If you were to open yourself up to international sales, you may achieve that target with a lot less effort …So what do you think?
FINANCE Secretary Carlos G. Dominguez III on Tuesday expressed satisfaction with congressional hearings on the comprehensive tax reform bill, which he expects to be approved at committee level this month.
PHILIPPINE Charity Sweepstakes Office (PCSO) Chairman Jose E. Corpuz said greater taxes on the sweepstakes and lotto prize fund, as proposed by the Finance department, would have a negative impact on revenue used to help fund government social programs.
THE Board of Investments (BoI) said it approved Satrap Power Corp.’s proposal to develop a P1.16-billion, 10-megawatt (MW) biomass power plant in Santa, Ilocos Sur.