Business Cost News
Imposition of royalty on all mining operations...
7 August, 2018 at 12:00
The government plans to slap royalty on all mining operations under the proposed tax package 2 Plus.
Foregone revenues due to tax perks reach...
7 August, 2018 at 10:00
The government lost P178.56 billion in potential revenue due to the grant of tax incentives to 3,102 corporations in 2016, according to the Department of Finance (DOF).
P8-B subsidy for BPO sector eyed
7 August, 2018 at 08:00
The Department of Finance (DOF) is in talks with the business process outsourcing (BPO) industry for an annual P8-billion subsidy in exchange for its support for TRAIN 2…
US FTA deal to secure PH’s key...
6 August, 2018 at 15:00
The Philippine government has cited the importance of forging a free trade agreement (FTA) with the US to secure enhanced market access in light of the rise in trade protectionism and escalation of trade war.
Joint Foreign Chambers pushes easing of restrictions...
6 August, 2018 at 13:00
Foreign business groups are pushing for a further easing of restrictions for foreign investors through amendments to the Constitution, and release of the Foreign Investment Negative List (FINL) every three years instead of two
P500 tourist fee may replace P1,620 travel...
6 August, 2018 at 10:36
The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) is eyeing to replace the P1,620 travel tax charged to Filipinos flying to other countries with a P500 fee for all, including foreign tourists.
Cavite government’s Sangley airport plan gets green...
3 August, 2018 at 16:56
The Department of Transportation (DoTr) has given the green light to the Cavite provincial government’s plan to build an airport at the former US naval facility at Sangley Point, Cavite.
[OPINION] Hope to reality
3 August, 2018 at 12:47
The passage of the Ease of Doing Business Law (Republic Act No. 11032) that was signed by President Duterte on May 28 was an important first step to improving the Philippines’ business climate.
[OPINION] The Cha-cha train
2 August, 2018 at 12:00
Former chief justice Hilario Davide, Neda Director General Ernesto Pernia and prominent economist Bernardo Villegas have all expressed strong reservations about our nation’s march toward federalism.
Ecozone stakeholders worried TRAIN 2 will drive...
1 August, 2018 at 17:17
Stakeholders representing various economic zone constituencies said they are worried about the impact of the government’s plan to reform corporate incentives on foreign direct investment (FDI).
[OPINION] Time for change
1 August, 2018 at 15:00
We are all aware the President will address Congress at the opening of its regular session every fourth Monday of July as mandated by the Constitution.
Liberalization tops wish list of businessmen for...
1 August, 2018 at 13:00
The country’s trade chief and top business groups want the new House leadership to prioritize the passage of measures that will open up the economy to foreign participation.
Facilitating FDI by improving the Philippine investment...
1 August, 2018 at 11:18
Every two years, the business community, especially the foreign investors, looks forward to the release of the Philippine foreign investment negative list (FINL).
House committee studies Package 2 of TRAIN...
31 July, 2018 at 16:00
The House committee on ways and means on Tuesday immediately buckled down to work a day after the Third Regular Session of the 17th Congress formally began.
