Part 4 News: General Business Environment
[OPINION] Trump-ian pique
19 June, 2018 at 14:08
In a span of two weeks, Donald Trump has turned upside down traditional US policies and potentially walked away from its Western allies.
[OPINION] Setting priorities
19 June, 2018 at 11:40
Now that she has been overwhelmingly confirmed by the Commission on Appointments, Tourism Secretary Berna Romulo Puyat is starting to set her priorities. There are so many things to do after two non-productive years and there are urgent matters demanding attention right away.
Wage hikes to cut jobs — businessmen
18 June, 2018 at 15:20
Raising wages further would lead to job losses, while suspending the Tax Reform for Acceleration and Inclusion (TRAIN) Law would not address inflation, said foreign business leaders.
[OPINION] Strictly limit NFA’s role
18 June, 2018 at 12:11
There have been growing complaints about inflation, how everything is costing more and people are suffering. Yet one simple thing we in the economic world have been complaining about for years remains unresolved.
Electronics firms oppose tax shift under TRAIN...
14 June, 2018 at 13:00
Electronics and semiconductor firms are willing to absorb higher operational costs expected to be brought about by the proposed second tax reform package as long as it would be minimal, the head of the industry’s umbrella organization said yesterday.
Clark traders study impact of proposed TRAIN...
14 June, 2018 at 11:16
The Clark Investors and Locators Association (Cila) has commissioned a study to determine the impact of the proposed second stage of the Tax Reform for Acceleration and Inclusion (TRAIN) Act.
Electronics firms brace for higher tax cost
14 June, 2018 at 11:01
Electronics companies in the country — a key driver of merchandise exports — are bracing for bigger costs once planned changes to current fiscal incentives are implemented.
[OPINION] Incentives
13 June, 2018 at 14:54
The American Chamber of Commerce (AmCham) issued a rather lengthy position paper on the second package of reform measures. The group represents the interests of American businesses in the country.
DoF seeks to improve carriers’ tax
13 June, 2018 at 09:43
The government is reviewing the common carriers tax imposed on international air and sea cargo vessels in hopes of ensuring a level playing field and improving the country’s competitiveness in the sector, the Department of Finance (DoF) said in a statement on Monday.
[OPINION] The challenge of nationhood in our...
11 June, 2018 at 18:00
One hundred and twenty years ago, our ancestors raised the Philippine flag from a balcony in Kawit, Cavite to signify the beginning of our journey as a free nation.
Acid test of peace: socioeconomic reforms
11 June, 2018 at 17:00
Four topics to attain peace were laid out in “The Hague Declaration” executed by the government of the Republic of the Philippines (GRP) and the communist rebels in 1992. Of the four, only the first — human rights and international humanitarian law — has been finished.
Mactan’s 2nd terminal best proof that PPP...
11 June, 2018 at 15:00
Thursday’s inauguration of the second terminal of the Mactan-Cebu International Airport (MCIA) proves that public-private partnership (PPP) is an effective means to accelerate infrastructure growth in the country, officials said on Thursday.
EU businessmen want early implementation of lower...
11 June, 2018 at 13:00
The European business community is willing to see the current set of fiscal incentives rationalized on the condition that the lowered corporate income tax (CIT) rate of 25 percent be removed at the start of the implementation of the second tax reform package.
Bill that will give free climate-based crop...
8 June, 2018 at 13:00
A bill that will stop the distribution of calamity funds to farmers and replace it with free climate-based crop insurance is now in the works.
