The overlooked part: related party transactions
Kristine Mae P. Villegas
Time flies — in three months, we will bid 2017 goodbye. For us accountants, the end of the year means the start of busy...
Japan investors assured on easing of FINL rules
THE Department of Finance told potential Japanese investors that the government is working on easing foreign ownership restrictions.
Speaking to Japanese investors at a forum...
TransCo plans to enter telecoms; will ask Congress to change charter
NATIONAL Transmission Corp. (TransCo), owner of the country’s power transmission assets, is planning to diversify its business to include telecommunications, possibly making it a...
MGB sees no need for ‘mining-free zone’ laws
THE Mines and Geosciences Bureau (MGB) said existing regulations are sufficient to protect areas where the entry of extractive industries are undesirable, making new...
APEC forum calls for greater inclusion of women
DELEGATES to an Asia-Pacific Economic Cooperation (APEC) conference called for member economies and businesses to support the greater participation of women in the work...
Philippines in initial free trade talks before EU GSP+ privileges expire
THE PHILIPPINES wants to conclude Free Trade Agreements (FTA) with European countries before the expiry of the Generalized System of Preferences plus (GSP+) scheme.
Trade...
DoTr employees file complaint against Tugade over Clark transfer
EMPLOYEES of the Department of Transportation (DoTr) have lodged a complaint against Secretary Arthur P. Tugade, Undersecretary for Administration and Finance Garry de Guzman,...
HB 5636: Philippine tax administration is going digital
Lee Celso R. Vivas
(Second of a series)
Note: House Bill No. 5636 discussed in this article refers to the version approved on 3rd and final reading by the...
Nomura still thinks BSP will hold rates steady, but changes view on RRR
NOMURA Global Research reiterated its view that the Bangko Sentral ng Pilipinas (BSP) will keep policy rates unchanged until mid-2018 amid broad-based government reforms,...
Gov’t debt hits P6.43 trillion at end of August
INCREASED BORROWING from domestic and foreign lenders, as well as a weaker peso, pushed government debt to P6.43 trillion at the end of August,...
Palace asks Senate to swiftly approve budget
MALACAÑANG has asked the Senate to approve the government’s version of the national budget, after the House of Representatives approved on third and final...
AIIB approves funding for flood control project in Metro Manila
THE Asian Infrastructure Investment Bank (AIIB) approved on Wednesday a financing package for the $500-million Metro Manila Flood Management project.
Of the $500 million, the...