Business Cost News
[OPINION] A virtual co-presidency
15 August, 2018 at 10:34
Two heads are better than one. This is particularly true if the two heads complement each other. Mutual respect is also necessary to make it work.
DOF won’t allow TRABAHO bill to incur...
14 August, 2018 at 16:49
Finance Secretary Carlos G. Dominguez III said that the Duterte administration would not allow the national government to incur additional fiscal deficit once its proposed second tax reform measure is passed into law.
[OPINION] The draft Constitution is terrible
14 August, 2018 at 14:00
Scratch that; the draft Constitution drawn up by the Puno Consultative Commission, is uber-terrible.
Bill seeks to delete foreign restriction in...
14 August, 2018 at 11:42
Sen. Sherwin T. Gatchalian has filed a bill to discard investment restrictions in a 78-year-old law that prevents foreign contractors from bidding on locally funded government public works projects.
Foreign investments hit 7-month high in May...
13 August, 2018 at 14:28
The Philippines remains on the radar of foreign investors as direct investments surged by 143 percent to hit a seven-month high of $1.64 billion in May from $677 million in the same period last year…
DOF chief: Draft federal charter could force...
13 August, 2018 at 12:12
Finance Secretary Carlos Dominguez III, the head of the Duterte administration’s economic team, warned that the draft federal Charter could lead to massive job losses in the public sector…
[OPINION] They didn’t understand
13 August, 2018 at 10:28
I was wrong, totally wrong. I had confidently predicted that the consultative committee would be forward-thinking and liberal in its devolution of a new, modern constitution.
NAIA Consortium gains headway in rehab proposals
10 August, 2018 at 14:51
The consortium of seven conglomerates has secured from the government its much sought-after original proponent status (OPS) for its plan to rehabilitate the Ninoy Aquino International Airport (NAIA).
Average electricity price in PHL 2nd highest...
10 August, 2018 at 11:47
The country’s average electricity price for residential customers is second highest in Asia as of January this year, according to a Perth-based consulting firm that specializes in providing power market advisory services in the Asia-Pacific region.
House panel endorses ‘Trabaho’ tax package
10 August, 2018 at 08:00
The House Committee on Ways and Means on Tuesday endorsed for plenary approval the second package of the Duterte administration’s Comprehensive Tax Reform Program…
Even if Sotto files TRAIN 2, no...
9 August, 2018 at 13:00
The second package of the controversial Tax Reform for Acceleration and Inclusion (TRAIN) Law still has no support from most of the senators even if Senate President Vicente Sotto III is the one to file it.
[EDITORIAL] Necessary reform
8 August, 2018 at 10:00
It is beyond question that the Duterte administration’s tax hikes implemented this year aggravated the economic pain that Filipinos are suffering due to the spike in global oil prices and bottlenecks in the local commodity supply.
[OPINION] TRAIN 2, a necessary cure to...
8 August, 2018 at 08:00
I shudder at the thought that the TRAIN (Tax Reform for Acceleration and Inclusion) stops with Package 1. As envisioned, the TRAIN is a comprehensive tax reform program consisting of several packages…
House panel okays tax reform bill ‘in...
7 August, 2018 at 14:00
The second package of the Duterte administration’s Comprehensive Tax Reform Package (CTRP) is now moving closer to getting passed, as the members of the House Committee on Ways and Means approved “in principle” the measure known as TRAIN 2.
