Ayala Land reports 34% hike in net income in first half
AYALA Land Inc.
Protect the poor, Aquino told
A FORMER government official has called for more social protection for the poor under the newly installed Aquino administration.
'Increase VAT but cut income tax'
TO IMPROVE revenue generation in the country, a former government official has voiced her support for an increase in the value-added tax (VAT) rate from 12 percent to 15 percent, an increase in sin ta
No police station in school lot
A TALISAY City official has assured the land on which the Lawaan Elementary School (LES) and National High School stand will be used only for school purposes.
SMDC Q1 net profit rises 51% to P632M
SM DEVELOPMENT Corp. (SMDC) realized a 51 percent increase in its consolidated net income to P632 million for the first quarter of 2010, from P419 million during the same period in 2009.
PAL to spin off units
TO STAVE off bankruptcy and protect its assets, Philippine Airlines (PAL) is streamlining its operations, spinning off three non-core units, effective at the close of business hours on May 31, as it f
OFW remittances up
REMITTANCES from overseas Filipino workers coursed through banks rose 8.5 percent to $1.4 billion in January from a year ago, supported by the continued deployment of workers abroad, said the central
CBC hits ‘double taxation’
THE Cebu Business Club (CBC) yesterday expressed concern over the government’s flip-flopping on the issue of Shell’s payment of import taxes.
Wage hike plea hit
THE Cebu furniture industry yesterday opposed the proposal for a P128 across-the-board wage increase in Central Visayas.
Shipbuilding going strong in Balamban
ALL the world may be waiting with bated breath for a fragile global economic recovery to take hold, but one local industry does not seem to have been affected by the crisis that began more than two ye
