Part 4 News: General Business Environment

Arroyo files resolution on separate voting in...

9 August, 2018 at 10:46

House Speaker Gloria M. Arroyo on Monday filed House Resolution No. 2056 expressing the sense of the House of Representatives that it is taking the Senate’s position on holding a separate vote

[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.

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…

[EDITORIAL] Staggering price tag

6 August, 2018 at 17:00

How much will the proposed shift to federalism cost? Estimates by experts vary, but they all agree on one thing: It will be huge.

Legislative Tracker – July 2018

6 August, 2018 at 16:26

Legislative Priorities – July 2018
Legislative Tracker – July 2018

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.




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