TOURIST ARRIVALS from China fell short of the 2 million projection last year as the Philippines maintained a visa regime that is stricter than those of its ASEAN neighbors, the…
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THE Department of Labor and Employment (DoLE) said it is confident the government’s efforts to address the jobs-skills mismatch will bear fruit, after the World Economic Forum (WEF) urged the…
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THE Department of Energy (DoE) is expecting around 6,841 megawatts (MW) of additional capacity this year from power projects due to start operations. Renewables topped the energy projects set for…
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By Kenneth Christiane L. Basilio, Reporter LEGISLATORS need to approve pending tax measures before the 19th Congress ends to help the government meet its 2025 revenue collection goals, Revenue Commissioner…
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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…