BPOs to set up council to establish quality norms
THE IT & Business Process Association of the Philippines (IBPAP) said it will organize a quality council next month to set performance standards for...
Gov’t procurement portal handles P80 million in Q1 orders, DBM says
THE e-marketplace for government procurement booked P80 million worth of transactions in the first quarter, the Department of Budget and Management (DBM) said.
DBM Procurement...
Ocean economy seen needing stronger environmental protections
THE GOVERNMENT needs to strengthen its environmental laws and turn to nature-based solutions if it wants to harness the potential of its blue economy,...
Transfer pricing reminders post ITR filing
By Christian Derick D. Villafranca
Kudos to all taxpayers and their finance teams who successfully finalized and filed their income tax returns (ITRs) on time! To all accountants, you...
P20 rice dismissed as political stunt
THE government’s plan to trial the sale of subsidized P20-per-kilo rice in the Visayas is unsustainable and likely designed to woo voters, a think tank said.
US, UK chambers urge candidates to back investment-friendly reforms
ASPIRING LEGISLATORS need to push for even more reform measures to liberalize the economy and enhance the ease of doing business, two foreign business...
Ground broken on 38.81-MW Capas solar power plant
SINDICATUM C-Solar Power, Inc. (SCSPI) has started the construction of a $33-million solar photovoltaic power plant in Capas, Tarlac, the Bases Conversion and Development...
Collectibles maker Pop Mart considering PHL food venture
POP MART International Group, a Chinese maker of toy collectibles, said it is interested in starting a food business in the Philippines alongside permanent...
DBM calls for gender and dev’t budget review
BUDGET Secretary Amenah F. Pangandaman called for a review of gender and development (GAD) budget policy amid growing challenges, while also pushing for an...
Foreign digital service providers reminded of VAT sign-up deadline
THE Bureau of Internal Revenue (BIR) said non-resident foreign digital service providers (DSPs) have until June 1 to register for value-added tax (VAT) in...
World Bank sees PHL growing at below-6% pace until 2027
THE Philippine economy is likely to grow at a sub-6% pace until 2027 amid an expected slowdown in global activity due to the shift...
How climate transition planning shapes a sustainable future
By Benjamin N. Villacorte
The pressing challenge of climate change demands swift and decisive action; however, many companies are lagging in their efforts to achieve net-zero emissions in line with the 2015 Paris Agreement.