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MANILA, Philippines — There will be more flexible incentives in the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE) bill, which was previously called as the Corporate Income Tax…
MANILA, Philippines — How would the “new normal” amid the COVID-19 pandemic look like as far as the economy is concerned? For the fiscal sector, it would mean the government…
BPI logo Ayala-led Bank of the Philippine Islands has extended its deferred payment programs for consumer and business loans to align with the “Bayanihan We Heal as One” Act and…
LTG president Michael Tan and Philippine Red Cross chair Richard Gordon The group of tycoon Lucio Tan is donating a bio-molecular laboratory to the Philippine Red Cross with its own…
MANILA, Philippines — The Department of Budget and Management (DBM) has ordered agencies to align programs and projects under the proposed P4.335-trillion cash budget for 2021 to the “new normal”…
MANILA, Philippines — Amid a modified enhanced community quarantine (MECQ) which still restricted movement of people, the Bureau of Internal Revenue (BIR) is allowing taxpayers to settle their dues outside…
MANILA, Philippines — Amid the coronavirus disease (COVID-19) pandemic, the total loan assistance extended by the state-run pension fund Government Service Insurance System (GSIS) to its members and pensioners breached…
SEATTLE — Mitsubishi Heavy Industries is cutting hundreds of jobs in Washington state and shuttering its U.S. operations for the troubled SpaceJet project, the company said Friday. “Due to the…
The Board of Investments (BOI) wants to give tax breaks to projects that will help in the COVID-19 response effort such as mass-production of face masks, but the proposal still…
The Philippine economy lost an estimated P1.1 trillion in the agriculture, industry and services sectors during the first 45 days of the COVID-19 lockdown, according to the National Economic and…
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