Business

Reforms open opportunities for e-vehicles in PH

MANILA -- Reforms on tax and transportation in the country opened more opportunities for electric vehicle players, Electric Vehicle Association of the the Philippines (EVAP) President Rommel Juan said. Juan said the Tax...

PCC voids Udenna-KGLI deal, fines firms

MANILA -- Udenna Corp. and KGL Investment Cooperatief (KGLI Coop) are facing twin penalties following the decision of the Philippine Competition Commission (PCC) on the transaction between the two companies. In a...

Improved infra, eased regulations to boost trade, investments in ASEAN

MANILA -- Member countries of Association of Southeast Asian Nations (ASEAN) need to improve physical infrastructures and streamline regulatory processes in an effort to facilitate trade and investments in the region, according...

Disbursement of TRAIN-related subsidy to start this February

MANILA - - Beneficiaries of the government’s conditional cash transfer (CCT) program receiving subsidies through automated teller machines (ATMs) will get additional funds starting this February to alleviate the impact of higher...

Bankers group welcomes cut in reserve requirement ratio

MANILA -- Economic activity is seen to get an additional boost from the Bangko Sentral ng Pilipinas’ (BSP) cut of banks' reserve requirement ratio (RRR) to 19 percent effective March 2,...

DOF supports House bill calling for tax amnesty

MANILA -- The Finance department supports House Bill 7105, which pushes for a tax amnesty program, in a bid to help the government collect taxes easily. The bill, which involves Part B of...
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