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54 buses to offset LRT-1 shutdown for Cavite extension, Holy Week
The Department of Transportation will be deploying passenger buses starting Wednesday to offset the shutdown of LRT-1 operations during the Holy Week and in preparation for the opening of five new stations this year......»»
SMC launches PHL’s first complete biodiversity offset Site in Bulacan
San Miguel Aerocity, Inc. (SMAI), a subsidiary of San Miguel Corporation (SMC), has inaugurated its Saribuhay sa Dampalit project in Barangay Pamarawan, Malolos, Bulacan. This pioneering initiative marks the launch of the Philippines’ first Biodiversity Offset Program (BOP) — part of the company’s nature-based solutions to building its New Manila International Airport project (NMAI) in ….....»»
Government agrees to restore interest deductions
Associate Finance Minister David Seymour has today announced that the Government has agreed to restore deductibility for mortgage interest on residential investment properties."Help is on the way for landlords and renters alike. The Government's restoration of interest deductibility will ease pressure on rents and simplify the tax code," says Assoc.....»»
BPO workers in economic zones must work on-site, says DOJ
Business process outsourcing firms (BPOs) within special economic zones that adopt work-from-home (WFH) arrangements for their employees are no longer entitled to tax incentives, according to the Department of Justice (DOJ). In a legal opinion dated Jan. 3, Justice Secretary Jesus Crispin Remulla contradicted the position taken by the Department of Trade and Industry (DTI),.....»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
Tax Notes: Online sellers subject to 1% expanded withholding tax
Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»
LBC back to profit on cost cutting
Logistics courier LBC Express Holdings Inc. booked a profit of nearly P200 million in 2023, as it slashed business costs to offset the decrease in revenue......»»
Tax revenues jump to P3.4 trillion
The country’s tax revenues rose by five percent to hit P3.38 trillion as the government ramped up its tax administration and digitalization program......»»
‘No tax breaks for eco-zone work-from-home firms’
Work-from-home setups of business enterprises in economic zones should no longer get tax incentives under the Corporate Recovery and Tax Incentives for Enterprises Act as the public health emergency status for COVID-19 has already been lifted, Justice Secretary Jesus Crispin Remulla clarified in a legal opinion......»»
New finance chief eyes carbon tax
Newly installed Finance Secretary Ralph Recto is pursuing the tax reform proposals of his predecessor, starting with the imposition of a carbon tax in a bid to generate additional revenues and address environmental concerns......»»
NSTC-ROTC bill approval pushed
A two-year mandatory citizen service training for college students is being pushed for approval by 1-Pacman party-list Rep. Mikee Romero......»»
Citicore Renewable IPO pushed back to June 7
Citicore Renewable Energy Corporation pushed its IPO back one week to June 7, with a revised offer period between May 27 and May 31. This is the second time that CREC’s IPO has been rescheduled......»»
Resilient, safe schools in CV pushed
Resilient, safe schools in CV pushed.....»»
P120-B road project pushed to pave growth of former no man s land
P120-B road project pushed to pave growth of former no man s land.....»»
Linda Gorton sa padalang ‘child support’ ni Dennis: ‘Matagal at kulang’
NAGSALITA na ang dating live-in partner ni Dennis Padilla na si Linda Gorton kaugnay sa recent interview ng batikang aktor. Kung matatandaan, nag-open up si Dennis tungkol sa sustento at co-parenting setup pagdating sa mga anak na sina Gavin at Maddie na nasa Australia. Ayon sa comedian-actor, nakakausap niya si Linda when it comes to.....»»
Group bats for lease-free broadband connectivity for digital economy growth
A digital advocacy network said that the Philippines should lift the lease payments for the setup of internet connection, emphasizing that it will have a positive impact on Filipino web users......»»
LT Group income slightly up in 2023
Earnings of tycoon Lucio Tan’s LT Group Inc. saw a slight improvement last year as higher contributions from its banking, liquor and property units offset the slowdown in the tobacco business......»»
Jake thankful sa pag-aalaga ni Philmar kay Ellie: ‘She’s in good hands’
HINDI naging problema para kay Jake Ejercito ang pagkakaroon ng “stepdad” ng anak na si Ellie. Sigurado kasi si Jake na inaalagaang mabuti ng celebrity surfer na si Philmar Alipayo ang unica hija nila ni Andi Eigenmann. Noong March 1, nag-open up ang aktor tungkol sa co-parenting setup nila ng dating partner sa isang interview.....»»
Jasmine Curtis sa ‘live-in’ setup nila ng BF: ‘It’s been great, it works for us’
PARA sa aktres na si Jasmine Curtis-Smith, maganda ang naidulot ng pakikipag-live in niya sa non-showbiz boyfriend na si Jeff Ortega. Sa podcast na “Updated with Nelson Canlas,” chinika ni Jasmine kung paano nila napapayag ang kanilang mga magulang sa ganitong klaseng set-up. Naikuwento pa nga ng aktres na medyo bata pa raw siya noong.....»»
DTI allows manufacturers to downsize certain goods to offset rising costs
MANILA, Philippines — The Department of Trade and Industry (DTI) announced on Wednesday that manufacturers of essential goods can maintain profitability amid rising production costs by reducing product sizes or weights, instead of increasing prices. Trade Assistant Secretary Amanda Marie Nograles explained during the televised Bangon Pilipinas briefing that the DTI permitted this adjustment for.....»»