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2895 Results Found For "Cebu / Business"
Tax Notes: Further clarification on tax amnesty, Revenue Memorandum Circular 11-2020
/ from 14 hours ago
THE Bureau of Internal Revenue (BIR) recently issued Revenue Memorandum Circular (RMC) 11-2020 on Feb. 6, 2020 to further clarify certain provisions in Revenue Regulations (RR) 4-2019, which implemented Title IV of Republic Act 11213, otherwise known as the “Tax Amnesty Act.” RMC 11-2020 amends and supplements certain items in ...
Lapu-lapu City wants to attract KPO business
/ from 14 hours ago
BESIDES positioning Lapu-Lapu City as a leisure and manufacturing destination, its City Government also wants to host operators in the Knowledge Process Outsourcing (KPO) industry.KPO is the outsourcing of core, information-related business activities. It involves outsourcing work to individuals that typically have advanced degrees and expertise in a specialized area.“Most ...
‘Another disappointing year of growth’
/ from 15 hours ago
THE Philippines has yet to see the full impact of the global coronavirus outbreak but its economic growth is seen to slow down this year as tourism and trade are heavily hit.Nichalos Antonio Mapa, senior economist at ING Bank, said the economic fallout from the epidemic has pushed countries to ...
Bill to force local firms to partner with foreign players, innovate biz
/ from 15 hours ago
AFTER the House of Representatives approved on second reading a bill that will possibly give 100 percent foreign ownership to telcos, transportation and power firms, it will become a new battleground for local players, a business leader said.Mandaue Chamber of Commerce and Industry president Steven Yu said the measure will ...
DA to ask police help against meat smuggling
/ from February 24, 2020
THE Department of Agriculture in Central Visayas (DA 7) will soon tap the Philippine National Police to boost surveillance in checkpoints as reports of a new modus operandi of smuggling meat surfaces in nearby regions.According to Daniel Ventura, DA 7 focal person on the African swine fever (ASF), meat smugglers ...
San Fernando cites Taiheiyo, Solid Earth as top taxpayers
/ from February 24, 2020
THE Municipality of San Fernando has recognized Taiheiyo Cement Philippines Inc. (TCPI) and its materials supplier, Solid Earth Development Corp. (SEDC), as the highest business taxpayers and progressive contributors of the town’s progress in 2019.Mayor Lakambini D. Reluya handed the recognition to TCPI chief executive officer Kazuhiko Ichizawa and SEDC ...
Import tax collection from rice traders down 23% to P1.71B
/ from February 24, 2020
THE Bureau of Customs (BOC) has collected P1.71 billion in duties from rice imports by private traders under Republic Act 11203 or the Rice Tariffication Law (RTL) from Jan. 1 to Feb. 14 this year, down by 23.1 percent from P2.22 billion in the same period last year.BOC collections from ...
PH seen losing 1.2M Chinese visitors due to Covid-19
/ from February 24, 2020
THE Philippines stands to lose up to 1.2 million Chinese visitors this year due to the outbreak of Covid-19, the disease caused by the novel coronavirus, Deputy Speaker and Surigao del Sur Rep. Johnny Pimentel said.“Even if the virus is suppressed by the second quarter, we’re afraid the damage to ...
Soriano: Covid-19: Bracing for Impact!
Enrique Soriano / from February 24, 2020
THE coronavirus disease now officially tagged as Covid-19 has so far infected close to 80,000 people worldwide and claimed the lives of over 2,500 in China—surpassing the toll from the SARS outbreak of 2002-03. Last month, the World Health Organization (WHO) officially declared it a global health emergency. This virus, ...
Nationwide shopping festival offers up to 70% discount
/ from February 23, 2020
DURING the whole month of March the Department of Tourism (DOT) will pump money to promote retail tourism at this time of the Covid-19 outbreak.Filipino consumers have lessened their trips to malls and other areas with high foot traffic due to concerns over the spread of Covid-19, the disease caused ...
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