Import ban partly lifted on Dutch deboned poultry meat
IMPORTS of mechanically deboned meat (MDM) from Dutch poultry have been allowed to resume if the region or origin in the Netherlands is free of highly pathogenic avian influenza (bird flu), the Department of Agriculture said.
ASEAN seen remaining major player in global supply network
ASEAN COUNTRIES are well-positioned to attract investment following shifts in global value chains (GVCs) in the wake of the coronavirus pandemic, economists said, citing the region’s growing middle class.
MSME recovery to be complex, may boost chances by digitizing
SMALL BUSINESSES are expected to better deal with post-pandemic challenges if they embrace digitization, according to a study conducted by a microfinance non-profit.
New RMO on Tax Treaty Relief: Intent vs Impact
By Maria Jonas Yap
While everybody was busy anticipating developments on CREATE and a possible extension of the tax filing deadline given the re-imposition of the Enhanced Community Quarantine, the Bureau of Internal Revenue (BIR) pulled a rabbit out of the hat and issued Revenue Memorandum Order (RMO) No. 14-2021, providing updated procedures for availing of tax treaty benefits for nonresident foreign income earners.
Palace asked to call special session to pass third stimulus
THE PRESIDENT has been urged to call Congress in from its break to pass a third stimulus bill that will distribute more aid to those affected by the renewed quarantine following a surge in coronavirus infections.
Payouts for hog farmers doubled to encourage swine fever reporting
THE INDEMNIFICATION payout for hog farmers with herds affected by African Swine Fever (ASF) has been doubled to P10,000 per animal, to incentivize early reporting of infected hogs, the Department of Agriculture (DA) said.
ARTA threatens sanctions over delayed PhilHealth payments
THE Anti-Red Tape Authority (ARTA) said it is ready to sanction those found to have delayed the processing of health insurance claims against the Philippine Health Insurance Corp. (PhilHealth).
Indian firms exploring investment in jeepney, electronics projects
THE DEPARTMENT of Trade and Industry (DTI) said it has received indications of interest for possible Indian investments in modern jeepneys and electronics manufacturing.
PSALM extends deadline for Malaya plant offers to May
THE Power Sector Assets and Liabilities Management Corp. (PSALM) has moved the deadline to submit offers for the negotiated sale of the 650-megawatt Malaya Thermal Power Plant to May 7 to allow for possible disruptions to bid preparation caused by the new Metro Manila lockdown.
BoC, BIR performance evaluations to add review of economic conditions
THE performance evaluation system for Bureau of Internal Revenue (BIR) and Bureau of Customs (BoC) personnel, as laid out by the Lateral Attrition Act of 2005, will be modified to account for prevailing economic conditions and how they may have affected collections.
PHL inflation slows in March
Headline inflation eased in March following five consecutive months of picking up, the government’s statistical agency reported earlier this morning.
Preliminary data from the Philippine...
New lockdown displaces nearly 8,000 workers, Labor dep’t says
NEARLY 8,000 workers were displaced during the first week of the reimposed lockdown in Metro Manila and adjacent provinces, the Labor department said.