Business

Vehicle sales drop 14% in May

MANILA -- Vehicle sales in the country continued to decline in May, with sales decreasing by 13.7 percent this year to 30,620 units sold from the 35,469 units sold during the same...

DICT orders review of spectrum users fee of telcos

MANILA -- The Department of Information and Communications Technology (DICT) has directed the National Telecommunications Commission (NTC) to conduct a review on spectrum user fees being paid by telecommunication firms in a...

Sikat Pinoy arts and crafts trade fair opens in SM Megamall

MANILA -- The Department of Trade and Industry (DTI) formally opened the 2018 Sikat Pinoy National Arts and Crafts Fair on Thursday showcasing the country’s indigenous crafts. The arts and crafts edition of...

TUCP seeks P320 wage hike for NCR workers

MANILA -- A labor organization on Thursday asked the Regional Tripartite Wages and Productivity Board-National Capital Region (RTWPB-NCR) for an additional PHP320 across-the-board in the salary of minimum wage earners in the...

Dominguez orders BOC, BIR to run after cigarette counterfeiters

MANILA -- Finance Secretary Carlos Dominguez III has directed the Bureau of Customs (BOC) and the Bureau of Internal Revenue (BIR) to track down manufacturers of counterfeit tobacco products and their possible...

SEIPI chair calls 10% corporate income tax ‘very fair’

MANILA -- Semiconductor and Electronics Industries in the Philippines, Inc. (SEIPI) Chair Melba Cuyahon said Wednesday that a reduced corporate income tax (CIT) rate of only 10%, inclusive of local business tax...
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