Business Cost News
Con-com wants to devolve issuance of business...
12 March, 2018 at 14:00
President Duterte’s consultative committee (Con-com) is bent on recommending changes in the issuance of business permits and licenses as part of the shift to a federal system of government.
4 Things Rodrigo Duterte Did to Make...
12 March, 2018 at 12:00
A recent survey from US News and World Report tabulated the top countries to invest in in 2018.
Boracay a “tough” sell at tourism expo...
12 March, 2018 at 10:12
At a tourism expo in Germany, sentiment on Boracay is “mixed” due to reported pollution problems in the Philippines’ main draw for travelers, a European business executive attending the conference said Friday.
Cutting incentives: The sequel to the tax...
8 March, 2018 at 14:00
House Bill 7214, the first bill to contain package 2 of the government’s Tax Reform for Acceleration and Inclusion (TRAIN) program was filed last week by Sultan Kudarat Rep. Horacio P. Suansing, Jr. and Nueva Ecija Rep. Estrellita Suansing.
‘Third player’ selection will not wait for...
8 March, 2018 at 12:00
The Department of Information and Communications Technology (DICT) will not wait for the passage of the law allowing for higher foreign investment in the telecommunications industry, and will stick to its timetable for naming a third player by midyear.
Fuel marking scheme implementation seen in 2019
8 March, 2018 at 10:00
Plans to implement a fuel marking scheme have been pushed back to next year, with the Department of Finance (DoF) yet to bid out supply contracts for the anti-smuggling measure.
Philippines is best country to invest in,...
8 March, 2018 at 08:00
The Philippines ranked first among a list of countries “worthy of investment” this year based on a recent survey conducted by an American media company.
PEZA forges accords to facilitate investments in...
7 March, 2018 at 17:00
The Philippine Economic Zone Authority has forged agreements with 23 institutions including six Japanese banks, state universities, and government agencies to facilitate inflow of investments and creation of economic zones in the country.
PEZA seeks perks under TRAIN 2
7 March, 2018 at 13:00
The Philippine Economic Zone Authority (PEZA) prefers to have its own set of incentives under the government’s next tax reform plan amid the Department of Finance (DOF)’s move to create a single menu of incentives applicable to all investment promotion agencies (IPAs).
[OPINION] Moving from Creative Industries to Creative...
6 March, 2018 at 14:12
‘Creative Philippines” was the battle cry used at a highly interactive roundtable organized by Arangkada Philippines last week to discuss “policy changes, initiatives and recommendations” to get “Creative Industries” into the position they deserve.
Lopez warns: Firms to take a hit...
5 March, 2018 at 16:52
Trade and Industry Secretary Ramon M. Lopez has admitted that some companies and individuals will be hit as the government rationalizes tax incentives to investments under Package 2 of the Tax Reform for Acceleration and Inclusion (TRAIN).
NAIA rehab, upgrade bid heats up
5 March, 2018 at 14:06
The group behind the ongoing upgrade of the Mactan-Cebu International Airport will go head-to-head against a consortium made up of some of the country’s biggest conglomerates in the bid to rehabilitate and upgrade Ninoy Aquino International Airport…
Export group nixes VAT exemption as tax...
2 March, 2018 at 11:52
The Philippine Exporters Confederation Inc. (Philexport) has expressed opposition against the classification of value added tax (VAT) exemption as a tax incentive under the second package of the tax reform program, saying this will make exports uncompetitive.
Economic Cha-cha next on the agenda of...
1 March, 2018 at 14:56
After settling the issue on the most suitable system of government for the country, members of President Duterte’s consultative committee (Con-com) will now focus on the amendments needed to further liberalize the economy using inputs from business chambers and advocacy groups.
