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BusinessWorld In-Depth digital magazines now available on Magzter

BusinessWorld In-Depth, the Philippines' leading business paper's on-demand digital magazine, is now available on Magzter. The first issue, "Banking in the Time of COVID-19", features...

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FIST oversight panel wary of incentives abuse

THE TWO chambers of the legislature will form a Joint Congressional Oversight Committee (JCOC) to monitor the implementation of the Financial Institutions Strategic Transfer (FIST) Law, with its co-chairs saying that the panel will ensure that FIST incentives are not abused by parties availing of its tax-light asset-transfer rules.