Another look at the tax-exempt status of charitable institutions
By Nadine E. Chan
Tax exemptions are often met with reservations and must withstand the strict scrutiny of revenue collectors. After all, taxes are the driving fuel that...
Standard Chartered Bank cuts PHL 2017 GDP forecast to 6.5%
By Melissa Luz T. Lopez, Senior Reporter
STANDARD Chartered Bank has cut its growth forecast for the Philippines but added that the country will remain the fastest growing in Southeast Asia,...
BoI on track to surpass 2017 investment target
NEW INVESTMENT pledges registered with the Board of Investments (BoI) rose 40% in the first seven months of 2017, putting the agency on course...
Infra program seen affordable amid solid economic prospects
THE PHILIPPINES can afford a fiscal expansion under the proposed P3.767-trillion 2018 budget to fund an ambitious infrastructure push given the positive medium-term macroeconomic...
Gov’t spending to drive 6.6% 2017 GDP rise — Metrobank
GROSS DOMESTIC product (GDP) is expected to grow 6.6% this year, analysts at Metropolitan Bank & Trust Co. (Metrobank) said, driven by the government’s...
Easing foreign ownership rules to drive FDI — Nomura
MORE FOREIGN direct investment (FDI) is expected to enter the Philippines amid a liberalization in the banking sector as the government plans to ease...
Hiring stalls at large NCR firms — PSA
EMPLOYMENT GROWTH in large Metro Manila enterprises eased to a one-year low as hiring dipped, according to a report by the Philippine Statistics Authority...
PHL to explore expanded trade, investment with Czech Republic
THE PHILIPPINES and the Czech Republic signed an agreement to increase trade and investment between the two countries, as Manila seeks to shift trade...
Angara says Customs rules deny OFWs full import privileges
SEN. Juan Edgardo M. Angara said the Department of Finance (DoF) needs to revise its implementing rules on duty and tax-free balikbayan boxes, which...
Power costs may have pulled down July inflation — DoF
LOWER POWER costs last month as well as steady food prices likely tempered the rise in prices of widely used goods in July, the...
PAGCOR first-half gaming revenue up by 8.4%
STATE-RUN gaming firm Philippine Amusement and Gaming Corp. (PAGCOR) said its gaming revenue rose 8.4% year on year in the first half, as a...
DA to provide financing to improve productivity of Romblon rice farmers
THE Department of Agriculture (DA) said plans to help Romblon province meet at least three quarters of its rice requirement by financing measures to...