THE Anti-Red Tape Authority (ARTA) has set a target of signing up 200 more local government units (LGUs) for the electronic Business One-Stop Shop (eBOSS) system this year. “As of…
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THE Energy Regulatory Commission (ERC) said it is proposing to make the installation of renewable energy certificate (REC) meters voluntary. This was among the amendments the ERC is proposing to…
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IN BRIEF: • The CREATE MORE Act signals a renewed commitment to fostering a more attractive and competitive environment aimed at attracting more FDI into the economy. • The Act…
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THE value-added tax (VAT) on digital media and advertising is projected to bring the government P102.12 billion in revenue by 2029, a Department of Finance (DoF) official said. “We hope…
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THE Philippine Tobacco Institute (PTI) said on Thursday that a pause in raising excise taxes on tobacco could steer consumers away from smuggled cigarettes and stabilize prices of legitimate products.…
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THE Bureau of Internal Revenue (BIR) said a tax exemption on secondary trade and transfers of asset-backed securities (ABS) has taken effect. “The sale or transfer of assets to the…
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THE Board of Investments (BoI) said it approved a P2.35-billion project of the International Container Terminal Services, Inc. (ICTSI) to modernize, manage, and operate the Visayan Container Terminal in Iloilo.…
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BAD WEATHER is expected to disrupt corn production this year after rains forced some farmers to alter their planting schedules, according to the Philippine Maize Federation, Inc. (PhilMaize). “Bad weather,…
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THE Bases Conversion and Development Authority (BCDA) said members of Camp John Hay Golf Club withdrew their complaint against the state-owned corporation. “A group of Camp John Hay Golf Club…
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UNDERNUTRITION in the Philippines is estimated to cost the economy up to $8.5 billion a year, according to Nutrition International’s Cost of Inaction Tool. “In the Philippines, the cost of…