The invoice: How tiny errors sink big VAT claims
By Runell Alvyn V. Sarmiento
In the intricate landscape of Philippine taxation, the Value-Added Tax (VAT) system stands out as one of the most technical and rigorously enforced. For...
Capacity still main issue for coco industry after tariff break
THE coconut industry stands to gain the most from the recent US tariff concessions, though analysts said the extent of these gains will depend on industry capacity and regional competition.
100% public-school connectivity expected by year’s end, DICT says
THE Department of Information and Communications Technology (DICT) said it is expecting to connect all public schools to the internet by the end of...
Palawan ecozone ready for locators by mid-2026
THE Philippine Economic Zone Authority (PEZA) said it is expecting to host the first locator at the Palawan Mega Ecozone (PMEZ) by mid-2026.
“We are...
Biodiesel group urges caution on proposed biofuels act changes
THE Philippine Biodiesel Association (TPBA) recommended caution on proposed changes to Republic Act (RA) No. 9367, or the Biofuels Act of 2006, particularly on...
Hydro investment demand estimated at $3.9 trillion
THE PHILIPPINES will need around $3.9 trillion in investment to unlock the potential of its hydropower resources, according to the PhilHydro Association, Inc.
Speaking to...
House bill seeks to arrest ageing trend in farm workforce
A BILL seeking to inject more youth in the agricultural workforce was filed at the House of Representatives last month.
House Bill No. 5291 seeks...
SBMA makes bid for cruise lines to homeport vessels at Subic Bay
THE Subic Bay Metropolitan Authority (SBMA) is looking into the possibility of building a new cruise terminal capable of accommodating ships that designate Subic...
Transforming tax with INFA-Net
By Jao Renzo L. Mercado, Teresa Rose D. Parcia, and Mikhaella Martina H. Puno
When Department of Finance (DoF) Undersecretary Charlito R. Mendoza — now the newly appointed Bureau of Internal Revenue (BIR) Commissioner — took the stage at SGV’s 4th Tax Symposium, his keynote message expressed a clear call to action.
Balisacan: PHL underlying growth track remains at 6%
THE growth track for the Philippines remains at 6% over the medium term, the government’s chief economic planner said, noting steady investment, productivity and...
EU trade talks unaffected by corruption worries, PHL acted fast — ambassador
THE European Union (EU) does not expect the infrastructure corruption scandal to affect negotiations with the Philippines for a free trade agreement (FTA), noting that the government seems to be addressing the matter, the delegation of the EU to the Philippines said.
Exporters urged to verify their US tariff-exempt status
THE Department of Trade and Industry (DTI) said exporters need to consult with the US companies receiving their goods whether their shipments qualify for...