Women representation on boards of listed companies should be mandatory — PBCWE
REGULATORS should make it mandatory for publicly listed companies in the country to have women representation on their boards, according to the Philippine Business...
DoF hopeful on excluded tax reform provisions
THE GOVERNMENT hopes to persuade lawmakers to approve next quarter provisions scratched out upon ratification of the first of up to five planned tax...
DoF implements Meralco refund tax reduction under TRAIN
THE DEPARTMENT of Finance (DoF) has approved lower tax rates for refunds to be paid to customers of the Manila Electric Co. (Meralco), implementing a provision of Republic Act No. 10963 or the Tax Reform for Acceleration and Inclusion Act (TRAIN).
Changing perks could halve jobs — SEIPI
ELECTRONICS MANUFACTURERS -- whose products make up more than half of the country’s goods sold abroad -- expect 50% job loss by 2026 if the current version of the bill that overhauls tax incentives was passed, Semiconductor and Electronics Industries in the Philippines, Inc. (SEIPI) President Danilo C. Lachica said.
Peso falls to new record low of P59 vs US dollar
THE PESO closed at fresh all-time low of P59 against the US dollar on Monday, amid lingering concerns over inflation.
World Bank to support more agriculture projects in PHL
THE WORLD BANK is seeking to fund more Philippine projects that seek to bolster productivity in the agriculture sector amid rising prices of food.
“The...
PHL should focus on closing digital gap, upskilling workers
IN ORDER TO “build back better” from the impact of the coronavirus pandemic, the Philippines should focus on closing the digital gap, upgrading the education curricula, upskilling workers, and expanding investments in research and development, according to a new report by the World Economic Forum (WEF).
‘Remarkable’ rebound seen this year
THE WORST is over for the pandemic-hit Philippine economy, and a “remarkable rebound” is expected this year, the central bank chief said on Tuesday, adding that the current accommodative monetary stance is sufficient for a revival in growth.
World Bank says PHL can boost revenues by expanding its VAT base
THE PHILIPPINES can boost its revenue collections by expanding its value-added tax (VAT) base and improving tax administration, the World Bank said.
S&P sees PHL firms weathering rising rates
PHILIPPINE companies and their peers in the Association of Southeast Asian Nations (ASEAN) are largely expected to weather rising interest rates, S&P Global Ratings said in a Sept. 17 report that cited bigger debts incurred by firms in the region.
Government to start work on 75 airport projects
THE Department of Transportation on Monday said it will soon begin work on 75 more airport projects.
LANDBANK-DBP merger eyed before yearend
PRESIDENT Ferdinand R. Marcos, Jr. supports the merger of state-run lenders Land Bank of the Philippines (LANDBANK) and Development Bank of the Philippines (DBP),...