GENERAL BUSINESS ENVIRONMENT

CA upholds ruling on Globe Tel vs...

14 October, 2016 at 11:37

The Court of Appeals’ sixth division has upheld its ruling that rejected the plea of Globe Telecom, Inc. to stop the probe by the Philippine Competition Commission on its purchase…

Business Sector Calls for a Policy Framework...

13 October, 2016 at 16:57

A joint group of business leaders and economists today called on government to carefully review the proposal of the Department of Agrarian Reform to prohibit the conversion of agricultural lands to non-agricultural purposes…

Taxes up in smoke

13 October, 2016 at 15:07

Finance Secretary Sonny Dominguez has come up with a very desirable plan to reduce the taxes we pay. But he needs funds to implement it.

DU30s’ first 100 days – Team Philippines...

13 October, 2016 at 11:15

DU30s’ first 100 days – Team Philippines losing by Former Philippine President Fidel V. Ramos | October 8, 2016 (First of two parts) Last

Business confidence so far

12 October, 2016 at 17:00

When the then candidate Rodrigo Duterte spoke before a group of Makati businessmen, he outlined his economic program by talking about the war on drugs he will wage once elected. He impressed upon the Makati group that making sure there is peace and order will boost the economy.

Customs: No taxes for certain shipments under...

12 October, 2016 at 15:32

The Bureau of Customs (BOC) raised the “de minimis” value from P10 to P10,000 as its first measure under the new Customs Modernization and Tariff Act (CMTA).

Poverty is a bigger threat to society...

11 October, 2016 at 16:00

President Rodrigo Roa Duterte thinks that the drug menace is the biggest threat to the state. He warned that the Philippines could be turned into a “narco-state.” Hence, his all-out war on drugs.

FEF LAUDS DOF’S TAX POLICY REFORM

11 October, 2016 at 14:00

We, the Foundation for Economic Freedom (FEF), an advocacy group for good economic governance and market-friendly reforms, strongly commend the Department of Finance for crafting a forward-looking fiscal program for legislation.

Building consensus

11 October, 2016 at 12:00

Today marks the 100th day of the Duterte administration. It is a good time to pause and take stock.

Net FDI inflows on track to target

11 October, 2016 at 10:04

NET foreign direct investments recovered to a three-month high in July just as President Duterte formally occupied Malacañang, according to data the central bank released yesterday, riding on confidence in the newly seated administration.

Big goals… but can they deliver?

11 October, 2016 at 08:00

Budget Secretary Ben Diokno shared the administration’s bold plans in a presentation before the Foundation for Economic Freedom (FEF). Deficit, he said, will expand to 3.0 percent of GDP over the Medium-Term to support expenditure priorities.

Tax perks await firms using inclusive business...

10 October, 2016 at 17:30

Large companies that will adopt inclusive business (IB) models will get income-tax holidays (ITH) and possible additional income-tax deductions under the 2017-2019 Investments Priorities Plan (IPP), the Board of Investments (BOI) said on Friday.

Mining, exports to suffer from DENR audit

10 October, 2016 at 16:30

Australia and New Zealand Banking Group Ltd. believes the massive audit of mining companies may adversely affect the industry’s output as well as export earnings.

PCC, Singapore’s competition agency forge partnership

10 October, 2016 at 14:23

The Philippine Competition Commission (PCC) has forged a partnership with the Competition Commission of Singapore (CCS) to bolster PCC’s capacity in enforcing the country’s competition law.

Moratorium on land conversion to derail economy...

7 October, 2016 at 13:35

Various local and foreign business groups yesterday bonded together to reject the proposed two-year moratorium on land conversion into non-agricultural purposes…

A multipolar and interconneacted world

7 October, 2016 at 10:05

President Duterte’s pronouncement to pursue an “independent foreign policy” makes a lot of sense in today’s world. Unfortunately, it seems to have come more by accident than by design. The world is indeed “multipolar” so we need to have as many friends as possible.

Manila’s population could expand to 29.3M by...

6 October, 2016 at 10:19

Over 6 million more Filipinos are expected to flock to Manila in 10 years, according to a report released by the Economist Intelligence Unit (EIU).

First 100 days

5 October, 2016 at 16:06

The Duterte administration marks its first 100 days in office this Friday.

‘Out of context’

4 October, 2016 at 17:00

If President Duterte is the Asian Adolf Hitler, are Filipinos – who voted overwhelmingly for him and by most indications continue to support him – the Nazis of the 21st century?

House preparing ‘counterproposal’ to Executive’s first tax...

4 October, 2016 at 15:30

The House of Representatives is preparing a “counterproposal” to the first tax reform package submitted by the Department of Finance (DoF) on Monday last week, Speaker Pantaleon D. Alvarez told reporters yesterday.

Rude Language and Awakenings

4 October, 2016 at 13:00

Judgment, it seems, came early for President Rodrigo Duterte.

Regulator and operator

4 October, 2016 at 11:00

The good news from Budget Secretary Ben Diokno when he spoke before the Foundation for Economic Freedom (FEF) last week is about a reorganization of government now in the works.

Peza locators seek to be placated as...

4 October, 2016 at 10:25

More investors are raising concerns about what they perceive as a growing instability under the Duterte administration, which they believe may erode the country’s attractiveness as an investment destination and derail the gains achieved over the past several years.

Duterte economic policy direction ‘uncertain’

3 October, 2016 at 15:13

While the World Bank has lauded President Duterte’s 10-point socioeconomic agenda, the multilateral lender said it was concerned about “uncertainty” in the direction of economic policies moving forward.