PHL urged to diversify markets after achieving scale in services
THE Philippine service industry has achieved sufficient scale to start exploring diversification into new markets even during the looming global recession, economists said.
“The goal...
ASEAN sugar seen generating most savings if PHL imports
SUGAR imports from within the Association of Southeast Asian Nations (ASEAN) are expected to yield the Philippines savings of $480.82 per metric ton, the...
US chamber pushes for repeal of agri foreign investment cap
THE American Chamber of Commerce of the Philippines (AmCham) has called on the government to remove foreign investment restrictions in the rice and corn...
Salary Standardization Law final pay hike takes effect
THE fourth and last tranche of salary hikes for government employees authorized by the Salary Standardization Law took effect on Jan. 1, the Department...
DA: FTI onion order followed procurement rules
THE Department of Agriculture (DA) said a P537 per kilogram of domestic onion order placed by Food Terminal, Inc. (FTI), a unit of the...
Supermarket group proposes that gov’t help manufacturers source raw materials
A SUPERMARKET industry association proposed that the government aid manufacturers in sourcing raw materials from the Philippines as a means of keeping prices low.
Steven...
Measure creating LGU business permit officer position hurdles House panel
THE House committee on local government has approved a bill that proposes to create the position of business permit licensing officer, its chairman said.
“By...
USAID launches five-year, $18-M project to boost SME digitalization
THE United States Agency for International Development (USAID) said on Wednesday that it launched a five-year project to raise the level of digitalization at...
DICT seeking to tap Irish, Belgian digitalization expertise
THE Department of Information and Communications Technology (DICT) said it met recently with the Irish and Belgian ambassadors to tap those countries’ expertise in...
DoE refers China joint exploration questions to DFA after SC ruling
THE Energy department said the Department of Foreign Affairs (DFA) will determine the next move for joint oil and gas exploration after the Supreme...
BEPS 2.0: On Pillar 1 and its challenges from a Philippine perspective
By Maria Isabel Silpedes
As multinational entities (MNEs) continue to expand their businesses internationally, Base Erosion and Profit Shifting (BEPS) persists as a major concern by taxing authorities....
Onion importers given until Jan. 27 to land their shipments
ONION importers cleared to ship in 21,060 metric tons (MT) of the produce have been given until Jan. 27 to bring in their cargoes...