New tax stamps for tobacco, alcohol due by October
THE Department of Finance (DoF) will roll out new tax stamps for tobacco and alcohol by October, in response to the proliferation of fakes...
BMW may expand PHL auto parts purchasing
BMW AG is exploring buying more auto parts from the Philippines and is preparing to help the local electric-vehicle (e-vehicle) industry set up the...
SC asked to review NGCP expropriation ruling by RTC
THE Social Security System (SSS), through the Office of the Government Corporate Counsel (OGCC), has asked the Supreme Court (SC) to bar the National...
BoC opens one-stop-shop facility at Subic
THE Bureau of Customs (BoC) said it opened on June 1 a one-stop-shop (OSS) trade facility at the Tipo, Subic Bay Metropolitan Authority (SBMA)...
Sugarcane output seen approaching 2.5 million MT
SUGARCANE production may hit 2.5 million metric tons, the Sugar Regulatory Administration (SRA) said, with favorable weather boosting output and the numbers firming up...
DoE, DPWH agree on guidelines for transfers of power facilities
TWO GOVERNMENT departments have signed a joint circular that will guide electric cooperatives on a unified mechanism concerning relocation of their power facilities that...
Toothless penalty?
Let’s Talk Tax
Francis B. Rebuldela
On Aug. 19, 2013, the Supreme Court (SC) decided in the case of Deutsche Bank AG Manila Branch vs. Commissioner...
NGCP testing system to power Samar, Leyte, Bohol from Cebu
NATIONAL GRID Corp. of the Philippines (NGCP) said it had created a “bypass line” that would allow Samar, Leyte and Bohol to receive power...
Sasa delays to dampen Mindanao growth — DoF
DELAYS in the improvement of Davao City’s Sasa port are expected to temper the rapid growth of Mindanao’s trade and industry hub, according to...
PPA focusing on Ro-Ro with P4.6-B budget in 2017
THE Philippine Ports Authority (PPA) has budgeted P4.638 billion to finance port development projects this year as the agency prioritizes rehabilitation and expansion of...
Government borrowing rises 10% in May led by overseas project loans
GOVERNMENT borrowing grew over 10% in May due to a rise in external project loans during the month, according to the Bureau of the...
DoE wants to adjust e-tricycle acquisition process
THE Department of Energy (DoE) wants the terms of the electric tricycle (e-tricycle) project to be revised to allow private sector participation after local...