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7.4 million families to get P200 monthly subsidy by March

The government will start handing out cash transfers to some 7.4 million families by March, with the P200 subsidy expected to help poor households...

Subway expected to reduce economic cost of traffic — JICA

By Melissa Luz T. Lopez, Senior Reporter CONSTRUCTION of the Philippines’ first subway line is expected to start later this year, with authorities hoping to...

Consumption growth could ease due to tax reform — ANZ

Consumer spending could ease in response to higher commodity prices due to tax reform, analysts at ANZ Research said. “Domestic demand is strong and is...

2018 starts with smaller ‘hot money’ net inflows

By Melissa Luz T. Lopez, Senior Reporter MORE FOREIGN FUNDS entered the Philippines in January, compared to gross inflows the preceding month and a year...

Foreign business groups have asked gov’t to retain workers’ tax perks,...

FOREIGN business groups have asked the government to retain the tax perks of employees of regional headquarters (RHQs) and regional operating headquarters (ROHQs), among...

Tax collections in 2017 highest in 11 years

By Melissa Luz T. Lopez, Senior Reporter TOTAL TAX collections in 2017 accounted for 14.3% of the Philippine economy to log the highest in over...

House panel targets ‘early March’ approval of tax amnesty measure

By Elijah Joseph C. Tubayan Reporter THE HOUSE of Representatives’ Ways and Means committee hopes to approve a tax amnesty measure by “early March,” its chairman...

Gov’t, PCCI to feel pulse on tax reform

THE GOVERNMENT has teamed up with the Philippine Chamber of Commerce and Industry (PCCI) for a nationwide road show this quarter designed to drum...

DoF cautious on firms’ income tax cut

By Elijah Joseph C. Tubayan Reporter THE DEPARTMENT of Finance (DoF) will ensure that state coffers will not suffer unduly as it seeks to give the...

Focus shifts to 2nd tax reform package

By Elijah Joseph C. Tubayan Reporter THE DEPARTMENT of Finance (DoF) hopes to secure midyear approval by the House of Representatives of the second tax reform...

S&P watching if tax reform will deliver

By Elijah Joseph C. Tubayan Reporter TAX REFORM’s ability to deliver additional revenues that will fuel the government’s P8-trillion infrastructure development program until 2022 remains a...

Tax reform, free tuition, among the more than 2,000 measures House...

THE House of Representatives reported a total of 2,100 measures processed — including a proposed tax reform package — during its first and second...

Congress ratifies tax reform bill

The Senate and the House of Representatives ratified the final version of the Tax Reform for Acceleration and Inclusion (TRAIN) bill on Wednesday, Dec.13,...

Budget, tax reform in Senate, ahead of bicam talks

IN WHAT is expected to be at least three weeks left for Congress to pass the priority legislation of President Rodrigo R. Duterte’s administration,...

PHL economy poised to sustain growth momentum

By Melissa Luz T. Lopez, Senior Reporter THE Philippine economy will maintain an above-6% expansion in 2018 supported by “broad-based” growth drivers, a local think...

DoTr eyes ‘sabotage’ in latest MRT mishap

AN OFFICIAL of the Department of Transportation (DoTr) has raised the possibility of sabotage behind the latest mishap affecting the Metro Rail Transit or...

Senate zeroes in on budget, tax reform

By Arjay L. Balinbin THE SENATE may decide to pass some other priority bills as it expects to pass the 2018 Budget and the Tax...

Funding mass transport projects sought in tax reform measure

SENATOR Grace Poe in a statement on Friday, Nov. 10, proposed that revenues from petroleum excise taxes in the first tranche of the Duterte...

Fire hits MRT in Sunday trip

SENATOR Grace Poe in a statement on Sunday, Nov. 5, called on the management of the Metro Rail Transit (MRT) to “immediately take a...

No more Senate sessions during ASEAN Summit due to lockdowns

SENATE PRESIDENT Aquilino L. Pimentel III yesterday said they have cancelled the plan to carry on with Senate sessions during the ASEAN Summit from...

Senate targets approval of tax reform bill by November

By Mario M. Banzon THE SENATE hopes to pass on second and third reading the proposed Senate version of the tax reform bill when Congress...

Morocco tourists make tracks on 007’s ‘Desert Express’

BOUARFA, Morocco – Edouard Kunz knows timekeeping is important but the former Swiss watch precision mechanic admits that James Bond’s Oriental Desert Express in...

Facts, not fear: Responding to critics of TRAIN

Over the past few months, Bayan Muna, Freedom from Debt Coalition (FDC) and IBON Foundation, have all rejected and tagged as anti-poor the proposed...