THE World Bank Group has approved a $400-million development policy loan (DPL) meant to promote competitiveness, enhance fiscal sustainability and strengthen financial resilience against against natural disasters.

Those who are familiar with tax treaty provisions know that they apply only to residents of countries which are parties to the treaty. Thus, the main documentary requirement to support eligibility for tax treaty relief is the proof of residency of the non-resident income-earner. More commonly known as a tax residency certificate (TRC), such proof of residency is a certification issued by the tax authority of the country of the income-earner, attesting that the latter is a resident of such country in the tax year concerned for purposes of the tax treaty being invoked.

THE INITIAL PHASE of the US-China trade deal will be positive for Philippine exports and capital markets, economists said.

THE Department of Labor and Employment (DoLE) will reduce deployments of Overseas Filipino Workers (OFWs) to Saudi Arabia, citing Riyadh’s inaction in settling 9,000 unpaid claims filed by OFWs worth P4.6 billion.

THE Department of Transportation (DoTr) said the Area B, which will serve as the common concourse of the Metro Rail Transit (MRT)-Light Rail Transit (LRT) common station project in North Avenue, Quezon City, is now 96% complete.

DAVAO CITY -- The national government will fund the salaries of teachers in parts of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) which were not initially included in the region’s budget.

THE Philippine Economic Zone Authority (PEZA) said it will help develop agro-industrial and marine products-based economic zones through a partnership with the Department of...

THE Department of Environment and Natural Resources (DENR) said it supports taxing single-use plastic shopping bags on a per-piece basis, saying that taxing by weight would worsen the plastic pollution problem.

DAVAO CITY -- Finance Secretary Carlos G. Dominguez III said he does not expect the ongoing contract review for the water distribution sector to dampen investor sentiment, adding that the review will benefit the entire nation in the end.

THE national rice inventory was estimated at 2.962 million metric tons (MT) as of Nov. 1, down 1.3% from a year earlier, the Philippine Statistics Authority (PSA) said.

THE House Committee on Health approved Tuesday an unnumbered substitute bill establishing the National e-Health System and a bill creating the National Health Passport System.

COMMUTER rights associations called for a Congressional hearing into the decisions made behind the scenes by government agencies regarding the six-month pilot period extension for motorcycle taxi services, claiming they were not consulted on the matter and that the new entrants joining the pilot program might not offer safe services.