Holcim to invest P2 billion in waste recycling, RE
CEMENT manufacturer Holcim Philippines, Inc. said it will be investing over P2 billion on sustainability initiatives at its four plants.
Horia Adrian, president and chief...
Carbon tax seen bolstering climate funding in region
A PROPOSED carbon tax could help provide the funding Southeast Asia needs to mitigate climate-related disasters, the Asian Development Bank (ADB) said in a...
DA to appoint new usec to oversee attached agencies
THE Department of Agriculture (DA) is set to appoint a new undersecretary who will be tasked with overseeing the DA’s attached agencies.
“With the size...
Singapore manufacturer plans air filter plant in Philippines
THE Department of Trade and Industry (DTI) said that a subsidiary of outsourcing firm Wagmi Solutions plans to establish a manufacturing facility in the...
Monetary Board approves $2.87B in first-quarter foreign borrowings
THE MONETARY BOARD (MB) approved $2.87 billion in public-sector foreign borrowings in the first quarter, the central bank said.
The amount approved in the three...
China slowdown seen hampering growth in 75 poorest countries
SLOWER GROWTH in major economies like China, as well as ongoing wars and elevated inflation threaten growth among International Development Association (IDA) borrowers, which...
Taxing times for tax evaders; understanding tax evasion
By Ramon Vaughn F. Dy III
According to estimates, the Philippines loses P500 billion to tax evasion annually. Thus, in the early stages of his term as the Commissioner of...
BIR releases implementing rules for Ease of Paying Taxes law
THE Bureau of Internal Revenue (BIR) has released six sets of revenue regulations (RR) for the implementation of the Ease of Paying Taxes Act.
The...
US BPO firm scouting sites outside NCR
US BUSINESS process outsourcing (BPO) company Afni said that it is scouting sites outside the National Capital Region (NCR) to support growing demand for...
Tobacco growers: Illegal vapes threatening farmer livelihoods
TOBACCO farmers said the government needs to crack down on illegal vape products, calling them a threat to growers’ livelihoods.
“Illegal vapes further endanger the...
Franchise industry says tax, regulation hindering growth
THE Philippine Franchise Association (PFA) said that tax incentives and regulation become more complex the more its companies grow, putting them at a disadvantage...
ADB: Region’s chipmakers can still bid to capture AI-driven memory demand
SOUTHEAST ASIAN chipmakers need to raise capacity to meet rising global demand for advanced memory chips for artificial intelligence (AI) applications, the Asian Development...