As the digital economy continues to expand, governments worldwide are adapting their tax systems to keep pace. The Philippines is no exception. Starting…
Category:
Economy
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By Justine Irish D. Tabile, Reporter THE Philippine utilization rate in the European Union’s (EU) Generalized Scheme of Preferences Plus (GSP+), a scheme…
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DOMESTIC TRADE is expected to drive the growth of the shipping industry in the face of the US tariffs that are disrupting international…
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THE Maharlika Investment Corp. (MIC) said it remitted a dividend of P1.447 billion to the Treasury, representing 75% of its earnings. “About P1.447…
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THE National Food Authority (NFA) said that it shipped 35,000 bags of well-milled rice to Cebu on Monday to support the government’s plan…
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THE Philippine Tobacco Institute (PTI), an industry lobby, said taxes for tobacco need to be overhauled to contain the growing share of illicit…
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PROPOSALS to increase capital gains tax (CGT), donor’s tax and estate tax could make land more expensive and weaken investor activity, the real estate…
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THE Department of Agriculture (DA) said the P20-per-kilo rice program will be offered in more regions, with funding and rice inventories deemed sufficient…
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THE 17% tariff the US is poised to charge Philippine goods, while favorable compared to rest of the region, is not enough to…
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THE Department of Transportation (DoTr) said a proposal to collect airport terminal enhancement fee by the three air carriers remains under review. “The…