LTFRB links fare hikes to modern PUV take-up

By Patrizia Paola C. Marcelo Reporter THE Land Transportation Franchising and Regulatory Board (LTFRB) said it prefers to wait for the jeepney modernization program to gain...

LTFRB says 4 firms seek licenses for ride-share

ANOTHER ride-sharing company is seeking to apply for accreditation with the Land Transportation Franchising Regulatory Board (LTFRB). Board Member Aileen Lourdes A. Lizada said that...

US firms hope digitalization will maximize FTA

By Janina C. Lim Reporter US businesses hope to maximize a possible Free Trade Agreement (FTA) between Washington and Manila by pushing for seamless digital channels...

DoF preparing online payment system for gov’t transactions

THE Department of Finance (DoF) is preparing an online-based system for paying taxes and other government transactions that could improve the ease of doing...

Lending to MSMEs approaches P1 billion

By Melissa Luz T. Lopez Senior Reporter LOANS issued to small businesses surged in 2017 to nearly P1 billion, the Bangko Sentral ng Pilipinas (BSP) said,...

Energy department to shift cost of buying reserve power from consumers

THE Department of Energy (DoE) wants to draft by June a policy shifting the burden of payment for buying reserve power to the power...

Customs bureau exceeds March collection target by over 19%

THE BUREAU of Customs (BoC) said it beat its March collection target, with revenue growing 19.1% year on year, after many of its ports...

Swiss firms invited to invest in PHL ahead of negative list easing

THE DEPARTMENT of Finance (DoF) has invited Swiss businesses to set up shop in the Philippines, citing its attractive and growing consumer market, as...

MPIC unit to submit proposal for Cavite toll road next month

CAVITE Infrastructure Corp. (CIC) said it will submit next month to the government a formal proposal for the “Segment 5” project linking the Manila-Cavite...

SEIPI sees little impact from Indian duties on smartphone parts

THE electronics industry said it does not expect a significant impact from a new 10% Indian tariff on smartphone components. Semiconductor and Electronics Industries in...

Amendments on compensation tax

By Nikkolai F. Canceran
My employed friend recently requested me to compute her annual income tax due for the prior year 2017. Her gross compensation from her lone...

Disbursement growth seen accelerating — DBM

DISBURSEMENTS to government agencies accelerated early in the year, providing early warning of ramped-up public spending that will support growth, though the disbursement growth...