Tax issues on management fees to foreign corporations
By Gerald P. Mesina
In the arena of international transactions, management and service agreements between interrelated companies within a multinational corporation is an inevitable consequence of globalization. The...
June industrial output likely to match May pace — Moody’s
FACTORY OUTPUT likely grew at a steady pace in June compared to May, although slower than the rate seen a year earlier, Moody’s Analytics...
2nd half GDP to grow 7.2% if spending gains pace
THE “optimistic” scenario for economic growth is over 7% in the second half amid expectations of sustained consumer and government spending, according to the...
P46-B Davao bypass road construction to start Q1
DAVAO CITY -- Construction of the P46-billion Davao City bypass road project, which will be partly financed by a loan from the Japan International...
SRA pushing for duty-free sugar exports to Mainland
THE Sugar Regulatory Administration (SRA) is seeking a bilateral deal to export sugar to China without import duties in exchange for the continued duty-free...
Contestable power market more evenly distributed — PEMC
RETAIL electricity suppliers recorded a “significant change” in their corresponding share in the number of contestable customers during the first quarter, with dominant player...
First-half gov’t borrowing P505 billion
GOVERNMENT borrowing grew nearly 60% year on year after increased bond issues, pushing borrowing in the first half to over half a trillion pesos,...
Senate bill hopes to push energy conservation agenda
THE stability of energy supply can be boosted by a policy framework favoring energy efficiency and conservation, the chairman of the Senate committee on...
Union urges Duterte to set wage hike terms
THE Associated Labor Unions-Trade Union Congress of the Philippines (ALU-TUCP) is urging President Rodrigo R. Duterte to declare a nationwide across-the-board wage hike.
In a...
What’s next after the new IFRS standards?
By Ma. Emilita L. Villanueva
In the last three years, the International Accounting Standards Board or IASB has issued four new major International Financial Reporting Standards (IFRS). First on...
Central Visayas dev’t plan eyes growth distribution
THE MEDIUM term Regional Development Plan (RDP) of Central Visayas aims to distribute growth from Metro Cebu to its poorest municipalities through ramping up...
Logistics faults to surface in shift to e-commerce
SINGAPORE will take over the chairmanship of the Association of Southeast Asian Nations (ASEAN) next year and plans to focus on e-commerce initiatives to...