PhilHealth tops all GOCCs in 2018 subsidies
THE Philippine Health Insurance Corp. (PhilHealth) will take up the most government subsidies next year at P57.13 billion, equivalent to almost a third of...
Senate approves ILO convention on gov’t workers’ right to organize
THE SENATE approved on second reading the committee report seeking its concurrence in the ratification of the ILO Convention 151 or the Protection of...
DoF backs private sector perks to attract more BIR personnel
THE Department of Finance (DoF) said that improvements in non-salary incentives should also be looked into to make government service more attractive, with the...
Online hiring rises 6% in June
ONLINE HIRING increased by 6% year on year in June, with the business process outsourcing (BPO) sector posting the steepest growth at 18%, according...
1st half GOCC dividends fall 32% on absence of one-off items
DIVIDENDS remitted to the national government from state-run firms fell in the first half due to the base effects of one-off payments made a...
Mining group to expel members who fail MICC review
THE Chamber of Mines of the Philippines (CoMP) said it will expel members who are found to have violated the law in the industry...
Palawan town files criminal charges against Global Ferronickel
LISTED Global Ferronickel Holdings, Inc. (GFNi) said it has received the criminal complaint filed by the local government of Brooke’s Point, Palawan.
In a statement,...
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...