By Kyle Aristophere T. Atienza, Reporter LOCAL government units (LGUs) are prohibited by the Constitution and a 1995 law from declaring blanket bans on…
Economy
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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 industry…
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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 tobacco…
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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 billion…
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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 to…
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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 to…
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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 trade,…
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THE PHILIPPINES registered 2.1 million visitor arrivals in the four months to April, falling 0.82% behind the pace from a year earlier following reduced…
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FARMER organizations urged would-be legislators to file measures that would halt the conversion of farmland, citing the need to ensure food security. Unyon ng…
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Last year marked a significant chapter in tax reform, with new laws enacted to amend and update the National Internal Revenue Code (Tax Code).…