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DOF drops income tax hike for dividend income
The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»
Marcos Jr. wants holistic plan to solve Metro Manila traffic woes
With traffic gridlocks costing the economy billions of pesos, President Marcos has called for a “comprehensive” solution to the country’s traffic woes and has directed agencies to come up with work adjustment plans, National Economic and Development Authority Secretary Arsenio Balisacan said yesterday......»»
Aboitiz InfraCapital’s West Cebu Estate Earns Recognition as ‘Best Industrial Development in Asia’ at Asia Property Awards
In its inaugural appearance at PropertyGuru’s Asia Property Awards, Aboitiz InfraCapital (AIC) Economic Estates’ West Cebu Estate clinched the prestigious title of “Best Industrial Development in Asia.” This recognition shines a spotlight on Balamban, Cebu, establishing it as a vibrant global investment hub. The achievement is attributed to the strong economic and social development fostered […].....»»
FDA approves a drug to treat severe food allergies, including milk, eggs and nuts
The US Food and Drug Administration (FDA) has recently approved a groundbreaking new drug called Xolair, developed by Genentech, to treat severe food allergies. This.....»»
Agoda Unveils Asia’s Top 9 Nature Destinations
To mark the launch of Eco Deals 2024, Agoda’s flagship US$1 million partnership with the World Wide Fund for Nature (WWF), the digital travel platform has compiled a list of some of Asia’s favored nature destinations across Asia, based on searches made on Agoda in January 2024. Enric Casals, Vice President of Southeast Asia, Agoda, […].....»»
Special ASEAN Regional Summit in Australia
SYDNEY - Although Australia isn't a member of ASEAN, the country is hosting a summit of leaders from nine members of the Association of Southeast Asian Nations.Strengthening economic and security ties will be the focus for the Canberra government, which has set aside $186.7 million to help countries in Southeast Asia and more broadly in the Indo-Pacific region boost their maritime security.Analysts say Au.....»»
Australia Hosting Special ASEAN Regional Summit
SYDNEY - Although Australia isn't a member of ASEAN, the country is hosting a summit of leaders from nine members of the Association of Southeast Asian Nations.Strengthening economic and security ties will be the focus for the Canberra government, which has set aside $186.7 million to help countries in Southeast Asia and more broadly in the Indo-Pacific region boost their maritime security.Analysts say Au.....»»
Special ASEAN Regional Summit in Australia
SYDNEY - Although Australia isn't a member of ASEAN, the country is hosting a summit of leaders from nine members of the Association of Southeast Asian Nations.Strengthening economic and security ties will be the focus for the Canberra government, which has set aside $186.7 million to help countries in Southeast Asia and more broadly in the Indo-Pacific region boost their maritime security.Analysts say Au.....»»
Australia Hosting Special ASEAN Regional Summit
SYDNEY - Although Australia isn't a member of ASEAN, the country is hosting a summit of leaders from nine members of the Association of Southeast Asian Nations.Strengthening economic and security ties will be the focus for the Canberra government, which has set aside $186.7 million to help countries in Southeast Asia and more broadly in the Indo-Pacific region boost their maritime security.Analysts say Au.....»»
China launches Southeast Asia outreach amid tensions with Philippines
Taipei, Taiwan - China launched a fresh round of diplomatic outreach to Southeast Asia this week, as Chinese leader Xi Jinping met with Indonesian President-elect Prabowo Subianto Monday and foreign ministers from Laos, Vietnam and East Timor began to arrive in Beijing Tuesday.The diplomatic charm offensive comes amid territorial disputes between China and the Philippines in the South China Sea, and efforts by t.....»»
Philippines 2nd happiest country in Southeast Asia – report
The Philippines is the second happiest country in Southeast Asia, according to the annual World Happiness Report released by the University of Oxford’s Wellbeing Research Center in the United Kingdom.?.....»»
Southeast Asia’s first ocean tidal energy project to rise in Northern Samar town
Southeast Asia’s first ocean tidal energy project to rise in Northern Samar town.....»»
Striking drivers, operators face financial woes
For single-unit operators like Chel Mallonga, 45, the impact of the government’s Public Utility Vehicle Modernization Program (PUVMP) would be drastic. Once consolidation pushes through, single-unit operators will no longer be granted franchises. The post Striking drivers, operators face financial woes appeared first on Bulatlat......»»
Natural farming ‘solution’ to woes of farmers hit hard by extreme weather
Natural farming ‘solution’ to woes of farmers hit hard by extreme weather.....»»
Natural farming ‘solution’ to woes of farmers hit hard by extreme weather
Natural farming ‘solution’ to woes of farmers hit hard by extreme weather.....»»
Samal residents rally vs power woes
Electricity consumers in the Island Garden City of Samal in Davao del Norte province joined an interfaith prayer rally over the weekend to protest the continued power woes in their area......»»
House expedites release of P35M aid for Davao disaster victims
The House of Representatives, in collaboration with President Ferdinand R. Marcos Jr., is expediting the release of P35 million in financial aid and 17,500 food packs to assist the seven congressional districts affected by recent flooding and landslides in the Davao Region. Speaker Ferdinand Martin G. Romualdez emphasized the urgency of their efforts, aiming to provide substantial assistance to the nearly 45,000 affected families and over 187,000 individuals in the region. Coordination with the Department of Social Welfare and Development is underway to swiftly release PHP5 million to each district through the Assistance to Individuals in Crisis Situations program. The financial aid will support various relief efforts, including infrastructure reconstruction and medical assistance. Tingog Party-list representatives also expressed their commitment to ensuring the assistance reaches those most in need......»»
‘Philippines elevating to upper-middle income status next year’
The Philippines remains on track to become an upper-middle income economy in 2025, even as the government trimmed its economic growth target for this year, according to the National Economic and Development Authority......»»
PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says
The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»
Philippines to achieve upper middle-income status by 2031
The Philippines is projected to be an upper middle-income economy by 2031, past the government’s target of reaching the status by 2025, amid a broader growth slowdown in the Association of Southeast Asian Nations (ASEAN) economy, ANZ Research said......»»