Editor’s Pick

THE Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) called on the incoming Congress to pass a measure that will extend foreign investors’ land leases to 99…

As the digital economy continues to expand, governments worldwide are adapting their tax systems to keep pace. The Philippines is no exception. Starting on June 2, digital services consumed within…

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 admit Philippine goods tariff-free, hit a…

DOMESTIC TRADE is expected to drive the growth of the shipping industry in the face of the US tariffs that are disrupting international trade, according to Royal Cargo. “I think…

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 was the dividend we paid to…

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 sell subsidized P20-per-kilo rice to vulnerable…

THE Philippine Tobacco Institute (PTI), an industry lobby, said taxes for tobacco need to be overhauled to contain the growing share of illicit tobacco in the market and ensure the…

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 said. “Attempts to impose further tax…

THE Department of Agriculture (DA) said the P20-per-kilo rice program will be offered in more regions, with funding and rice inventories deemed sufficient to support such an expansion. The DA…

THE 17% tariff the US is poised to charge Philippine goods, while favorable compared to rest of the region, is not enough to overcome Vietnam’s cost advantage in furniture, the…