REIT perks don’t guarantee reinvestment, Finance dep’t says
THE Finance department said that the economy foregoes P100 billion worth of potential investment because real estate investment trusts (REIT) that enjoy government incentives...
Citihub opening more container housing for low-income tenants
A SOCIAL ENTERPRISE is offering low-income workers accommodation built with surplus shipping containers nearer their workplaces, potentially saving them long commutes.
Citihub, originally a corporate...
DENR forms team to review mine closure appeals
THE Department of Environment and Natural Resources (DENR) said it has formed a group to handle the appeals process for miners seeking to reverse...
E-invoicing and real-time sales reporting under HB 5636
Lee Celso R. Vivas
(First of a Series)
Note: House Bill No. 5636 discussed in this article refers to the version approved on 3rd and final reading by the...
About 42% fresh graduates quit first jobs in less than one year
ALMOST HALF of young Filipinos leave their first jobs in less than a year, a global employment solutions company said in a study released...
NEDA’s Pernia says ‘miracle’ if 2017 GDP hits 7.5%
THE GOVERNMENT’S chief economic planner said it would take a “miracle” to hit the high end of the official growth target for 2017, even...
Approval process for infrastructure streamlined at NEDA Board level
ECONOMIC MANAGERS will seek to identify and eliminate redundant approval processes for government projects, in order to fast-track their implementation.
“Our goal here is to...
SMC’s Ang denies PSALM claims against power unit South Premiere Power Corp.
SAN MIGUEL Corp. (SMC) rejected claims by Power Sector Assets and Liabilities Management Corp. (PSALM) that its power subsidiary has outstanding obligations arising from...
Higher floor prices set for tobacco
THE National Tobacco Administration has approved new floor prices for tobacco to be implemented in the next two trading years.
For Virginia tobacco, the floor price...
DENR plans to resume issuance of ECCs for reclamation projects
DEPARTMENT of Environment and Natural Resources (DENR) Secretary Roy A. Cimatu said he will resume the issuance of environmental compliance certificates (ECCs) for reclamation...
MGB forwards to MICC mining firms’ petition vs open-pit prohibition
THE Mines and Geosciences Bureau (MGB) said it submitted to the Mining Industry Coordinating Council (MICC) the petition of five mining firms to lift...