LOGISTICS INDUSTRY participants on Tuesday said a long- term solution to port congestion will involve the creation of a shared logistics database accessible by end users, and supported by the government.
MY previous column on senior residences and homeowners’ associations was one of the most commented articles I have written so far. The feedback I received for it was entirely positive. Bringing the concept of nursing homes closer to communities and making it culturally acceptable will not only benefit the local market, but also enable more foreign clients to receive nursing care in the Philippines.
President Benigno Aquino III has ordered a rebidding of the Cavite-Laguna Expressway (CALAX) project.
A PROPOSAL to arm the Executive with options to deal with a power shortage that will hit Luzon in March-July next year suffered a slight setback yesterday, as the Ways and Means committee of the House of Representatives struck down a provision that would have outrightly exempted one of the measure’s incentives from value added tax (VAT).
Europe and the Philippines share a long history of friendship and cooperation, with broad and expanding bilateral relationships in many key areas.
IFC, a member of the World Bank Group, and its partner banks have provided 19 billion Philippine pesos (about $463 million) worth of financing to more than 130 sustainable-energy projects, thereby helping cut a million metric tons of greenhouse-gas emissions annually to mitigate climate change in the Philippines. The figures were announced during the annual Energy Smart Forum held today in Manila.
The bill that aims to modernize the Bureau of Customs (BoC) in order to make it more effective and transparent has clinched committee approval at the House of Representatives.
Aside from tapping state-run financial institutions, local banks in the country are encouraged to extend financial assistance to the region’s growing creative sector to prepare them for the Association of Southeast Asian Nations (Asean) regional integration next year.
BUSINESS GROUPS expressed optimism that Luzon’s expected power shortage in summer next year could be licked even without giving the country’s chief executive authority to lease or purchase generators.
There is no reason why the Philippines should not be among the top trading partners of the European Union (EU) in the Association of Southeast Asian Nations (ASEAN), an official from a European business group said.
Someone made the observation that in today’s tiger economies, governments roll out the red carpet to attract investors. Our government rolls out the red tape instead.
Various investors in the country fear to lose at least P15 billion in VAT (value added tax) refund claims once the Bureau of Internal Revenue implements its new refund rule retroactively even as business groups warned of a backlash on government’s investment campaigns.
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