THE Bureau of Internal Revenue (BIR) said the lack of supporting documents beyond a certain threshold on sales and purchases involved in a value-added…
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GOVERNMENT agencies posted a budget utilization rate of 99% as of the end of September, the Department of Budget and Management (DBM) reported. The…
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THE Philippine Ports Authority (PPA) said it issued bid invitations for a P485.91-million contract to build a breakwater for the Port of Nasugbu, Batangas.…
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APPROVED building permits fell 7.5% year on year in August to 13,436, the Philippine Statistics Authority (PSA) reported. In August, approved building projects amounted…
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EconomyEditor's Pick
Innovation deemed ‘a matter of survival’ for PHL companies as global competition intensifies
PHILIPPINE businesses that embrace innovation will be in position to boost trade and attract more investment as technology ramps up global competition, the Philippine…
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EconomyEditor's Pick
Reserve requirement cut seen boosting hotel construction as office market adjusts
THE reduction of the bank reserve requirement is expected to boost private construction, particularly for hotels, the Bank of the Philippine Islands (BPI) said.…
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HOG FARMERS said burdensome documentation requirements have delayed their participation in the government’s limited rollout of the African Swine Fever (ASF) vaccine. Alfred Ng,…
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2024 will go down as the year of numerous clarifications and amendments in Philippine tax rules. Both the Bureau of Internal Revenue (BIR) and…
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ACCESSIBLE and accurate data on children will help drive investment that will allow the Philippines to reap the benefits of the demographic dividend, the…
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CONSUMPTION of pirated content in the Philippines via online streaming has increased 70% this year with piracy proliferating on social media platforms, the Department…