Foreign Equity and Professionals News
Former DOF chiefs back reforms in corporate...
21 May, 2018 at 10:23
Ten former secretaries and undersecretaries of the Department of Finance (DOF) have thrown their full support behind the Duterte administration’s second proposed tax reform package that aims to lower the corporate income tax…
[OPINION] TRAIN-2: Let’s just get it done
17 May, 2018 at 12:00
The Department of Finance is continuing its good work — bringing our taxes down. But instead of being praised, it is being heckled, even blocked in its attempts.
Con-com to keep ban vs. foreigners owning...
17 May, 2018 at 08:00
Consultative committee (Con-com) member Arthur N. Aguilar said the Subcommittee on Economic Reforms (SER) is eyeing to retain the existing provision on foreign ownership restriction on land.
Foreign direct investments in PH continue to...
15 May, 2018 at 18:00
Strong foreign direct investment (FDI) inflows into the country continued in February this year, surging by 46.4% to $573 million from $392 million in the same period last year, data from Bangko Sentral ng Pilipinas (BSP) showed.
US investments in ecozones continue to shrink...
7 May, 2018 at 14:00
Contraction of US investments in the country’s economic zones persisted in the first quarter behind concerns on the government’s second tax reform package, while investments from China continued to gain steam due to improving ties with the country.
Diplomat flags ‘caution’ on PHL among US...
7 May, 2018 at 12:00
UNITED STATES Ambassador Sung Y. Kim said strong competition between the Philippines and its Southeast Asian neighbors and the country’s security perception were among the many factors why American companies remained “cautious”…
Chinese Money Triggers a Dizzying Rally in...
7 May, 2018 at 09:57
In Manila’s main financial district and its fringes, signs of the new inhabitants are everywhere: the restaurants serving steaming Chinese hotpots and dumplings, the Mandarin broadcasts at the Mall of Asia, and the soaring property prices.
Top BPO firm sees TRAIN 2 favoring...
4 May, 2018 at 11:30
A leading business process outsourcing company is hoping the final version of the second tax reform package will include “tweaks” that will make the countryside a more enticing destination for investments.
‘No confidence’ DTI will protect investor interests,...
4 May, 2018 at 09:14
The Japanese Chamber of Commerce and Industry (JCCI) of the Philippines said the Department of Trade and Industry (DTI) has demonstrated insufficient for its support for foreign investors.
[OPINION] Priority emergency powers
3 May, 2018 at 14:00
Two weeks ago I talked about speeding up infrastructure. But what is also needed is the emergency powers President Duterte requested, but which Congress has not acted on.
FEF Statement on Tax Reform for Acceleration...
2 May, 2018 at 16:00
We, the Foundation for Economic Freedom, support the rationalization of fiscal incentives under Tax Reform for Acceleration and Inclusion (TRAIN 2).
[VIDEO] Taus Removal of fiscal incentives would...
2 May, 2018 at 14:00
ANC Business Nightly | April 25, 2018
Government tax-reform program to level playing field–DOF
26 April, 2018 at 14:45
The government needs to rationalize the tax system for businesses in the country to level the playing field for the benefit of over 800,000 local corporations that have been paying regular taxes, according to the Department of Finance (DOF).
JCCI warns tax reform will drive out...
25 April, 2018 at 10:48
The Japanese business lobby has warned that the second tax reform package may prompt investors to leave the Philippines, in response to the reduction in incentives called for by the proposed reforms.
