Philrealty drops property-for-share deal with affiliate
A deal back in 2018 made by property developer Philippine Realty and Holdings Corp. (Philrealty) to take over some real estate assets of affiliate Meridian Assurance Corp. (MAC) has been…
DOF drops proposal to suspend imposition of VAT on power use
MANILA, Philippines — The Department of Finance (DOF) has rejected a proposal to suspend the imposition of value-added tax (VAT) on power consumption as the country grapples with the COVID-19…