Group urges gov’t: Require jobs for corporate tax cuts
Simply lowering corporate income tax might prompt companies to just survive the COVID-19 pandemic, without any assurance that the tax cut would get them to either keep or hire more…
Group questions gov’t rice import plan
The Federation of Free Farmers (FFF) has questioned the legality of the government’s move to import an additional 300,000 metric tons (MT) of rice on top of the imports being…
Ayala group pays P9.86B taxes ahead of deadline
Brothers Fernando (left) and Jaime Augusto Zobel de Ayala lead the 7th generation Zobels. Conglomerate Ayala Corp. and key operating units settled P9.86 billion worth of taxes ahead of the…
Tepid sales notwithstanding, pricey cigarettes spur LT Group profit
Tycoon Lucio Tan-led LT Group Inc. (LTG) grew its net profit in the first quarter by 41 percent year-on-year to P6.21 billion, driven mostly by price increases in the tobacco…
Ayala group taps Chinese firm for solar modules supply
The Ayala group’s AC Energy Inc. has tapped Chinese supplier Jiangsu Seraphim Solar System Co. Ltd. for 183 megawatts (MW) worth of modules to be used in solar farm projects…
POGO service providers’ group says members fully tax compliant
MANILA, Philippines — The country’s largest organization of online gaming service providers on Tuesday sought to quell criticism that it owes the government taxes, saying its member firms pay all…
Group of Pogo service firms vows to heed gov’t conditions for partial return of operations
The country’s largest licensed online gaming service providers said on Friday (May 1) that its members will follow the strict guidelines issued by the government as a precondition for the…
PH biotech group to launch COVID19 treatment by Q3 2020
IG Biotech Group, a coalition of biotech and pharmaceutical experts, aims to bring to the Philippines an antibody-based prevention and treatment for COVID-19 by the third quarter of 2020. The…
PH’s biggest management group submits plan to resume public transport during COVID-19 lockdown
A business group proposed that only buses and trains be allowed to operate in Metro Manila in the meantime, opening modes of public transportation that it thinks are enough to…
Ayala Group collaborates for WTC We Heal as One Center
It may seem that Filipinos have seen it all—from the most destructive typhoons, massive flooding, powerful earthquakes, peaceful revolts to devastating volcanic eruptions. But while these may have left a…