BIR circular on VAT refund claims stirs hornets’ nest. A number of business chambers and industry groups are going over plans to go to court in a bid to stop the implementation of the recently issued government rule on investors’ value- added tax (VAT) refund claims.
Read MoreThe House of Representatives is targeting to draft a resolution by year-end to define how the Bureau of Internal Revenue (BIR) issues orders or circulars on taxes to maintain the stability of the business environment.
Read MoreCorporate governance-advocate Integrity Initiative has named ING Bank as one of the most ethical and honest firms in the Philippines.
Read MoreWater-management issues will become increasingly important across the region over the next 20 to 50 years, as cities expand and competition for water resources from these growing communities, as well as industry and agriculture, intensifies. Overall, its demand for water could increase by a third over the next 20 years, the 2003 Asean Long Term Strategic Plan for Water Resources Management says.
Read MoreInvestments registered with the Philippine Economic Zone Authority (PEZA) went up by 6.18 percent in the January to September period from a year ago, supported by the entry of new locators and expansion of existing players.
Read MoreSunwest Water and Electric Company (SUWECO) 2 was recognized by the International Finance Corporation (IFC) and Banco De Oro Unibank (BDO) as one of the best local companies engaged in renewable energy projects during the recent Energy Smart Philippines 2014 organized by the European Chamber of Commerce of the Philippines (ECCP).
Read MoreThe government must ease foreign restrictions, promote competition, and support small and medium enterprises (SMEs) to maximize the benefits of the planned regional economic integration next year, business groups and economists said.
Read MoreThe first Southern Mindanao Growth Corridor (SMGC) investment forum officially opened here at the Marco Polo Hotel on Friday, September 19. It was participated by local and foreign chambers, business groups, and financial institutions from Mindanao, the rest of the country, and abroad.
Read MoreCongress will not rush the proposed lifting of economic restrictions enshrined in the Constitution, despite being a priority legislative measure and a long-standing concern of investors, leaders of both chambers said last week.
Read MoreThe private sector is pushing for energy efficiency initiatives and development of the renewable energy (RE) projects to meet the country’s growing power demand.
Read MoreMayor Joseph Estrada announced the indefinite lifting of the daytime truck ban beginning 12 noon on Saturday.
Read MoreBusiness groups and other sectors hailed the lifting of the truck ban in Manila yesterday but stressed a long-term plan of action is needed to address congestion at the ports.
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