House panel OKs VAT for online goods, services
MANILA, Philippines — Netflix and Spotify subscribers as well as Amazon, Lazada and Shopee customers may soon have to pay more for these digital platforms’ products and services should the…
Ecozone job vacancies top 40,000
The Philippine Economic Zone Authority (Peza) has launched an online job expo offering more than 40,000 openings across the country and included work-from-home call center positions. The move is aimed…
Shutdown threats aside, Smart begins rolling out 5G promise
Industry giant PLDT Inc.’s Smart Communications is joining the 5G arena with commercial services going live on Thursday in key parts of Metro Manila.5G is the next generation mobile standard…
PSEi inches up as selling pressure eases
The local stock barometer firmed up on Wednesday but liquidity further dried up with the ongoing initial public offering (IPO) of the country’s first real estate investment trust (REIT) company.…
Ayala unit takes 19.9% stake in Australian energy firm
Ayala-controlled UAC Energy Holdings Pty Ltd. settled for a 19.9-percent interest in Australian renewables firm Infigen Energy Ltd. as it bowed out of a takeover bidding war against a unit…
DOF confident Create to be approved soon
With President Duterte’s backing, the Department of Finance (DOF) on Tuesday expressed confidence that Congress would soon pass the second tax reform package aimed at providing relief to businesses struggling…
BIR extends online trade registration to Aug. 31
The Bureau of Internal Revenue (BIR) has given online businesses one more month, or until Aug. 31, to register without penalty as movement restrictions remained in place despite a less-stringent…
New virus outbreak dashes hopes for quick Hong Kong economic recovery
FILE PHOTO: A lion sculpture is seen in front of office towers at the financial Central district in Hong Kong, China May 25, 2017. REUTERS/Bobby Yip HONG KONG–Hong Kong’s long…
Virus and grounded plane send Boeing to $2.4 billion 2Q loss
FILE – In this Jan. 25, 2011, file photo, is the Boeing Company logo on the property in El Segundo, Calif. (AP Photo/Reed Saxon, File) Boeing is reporting a $2.4…
Chinese airlines offer unlimited flights to revive industry
At least eight Chinese carriers have so far launched deals. Image: AFP/Greg Baker China Southern on Tuesday became the latest Chinese airline to offer ultra-cheap, all-you-can-fly deals aimed at reigniting…