THE Bureau of Internal Revenue (BIR) said economic zone (ecozone) developers and operators are eligible for value-added tax (VAT) zero rating subject to…
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REVENUE EFFORT — a measure of the government’s efficiency in raising revenue — fell to 14.6% of gross domestic product (GDP) in the…
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EconomyEditor's Pick
PHL international visitor arrivals breach 2 million level as of May 12, on track to beat 2023 target
INTERNATIONAL visitor arrivals breached the 2 million level as of May 12, well ahead of the year-earlier pace and on track to beat…
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EconomyEditor's Pick
Subdivision association seeking to increase price threshold for affordable housing units
THE Subdivision and Housing Developers Association (SHDA) is asking the Board of Investments (BoI) to declare more expensive housing units as eligible for…
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THE proposed 2024 national budget has been set at P5.75 trillion, up 9.2%, the Department of Budget and Management (DBM) said. In a…
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By Beatriz Marie D. Cruz THE National Government must consider the inflationary impact of any new taxes, analysts said, noting the heavy tax…
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THE rice inventory as of Feb. 1 fell 5.4% year on year to 1.52 million metric tons (MT), the Philippine Statistics Authority (PSA)…
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THE National Grid Corp. of the Philippines (NGCP) said renewable energy (RE) projects about to become operational will have to be integrated onto…
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(Second of two parts) When ChatGPT 3.5 was released last year, it made global headlines for its ability to perform tasks such as…