Post-audits and CARs: The enforcement of taxable gifts
By Marvin Joseph Manuel
This time of the year marks the peak of giving and receiving gifts among friends and family. As a tax professional, I have often...
Palace extends low-tariff regime on rice, other key commodities
PRESIDENT Ferdinand R. Marcos, Jr. has issued an executive order extending the low-tariff regime for imports of rice and key food commodities until the...
Farmers see rice output falling next year due to El Niño impact
FARMERS are expecting a decline in rice production next year due to the expected dry spells arising from El Niño.
DoJ reviewing ecozone plan for Palawan penal colony
THE Philippine Economic Zone Authority (PEZA) said that its proposal to construct an economic zone in Puerto Princesa, Palawan is under review by the...
Sugar industry seeking to resume exports to US
THE Sugar Regulatory Administration (SRA) is considering allowing sugar exports to the US due to requests from the industry.
“Those producers, millers and traders who...
‘Green’ aircraft fuel prices likely to remain elevated
THE price of sustainable aviation fuel (SAF) will remain elevated in the coming years as production remains limited, the Department of Energy (DoE) said.
“SAF...
PHL seeking $44-M loan from AIIB
THE PHILIPPINES will apply for a $44-million loan from Beijing-based Asian Infrastructure Investment Bank (AIIB), with the proceeds going towards improving the sustainability of...
First PHL offshore wind project cleared for green lane treatment
THE Board of Investments (BoI) has endorsed the Philippines’ first offshore wind project, which is estimated to cost P81.68 billion, for green lane services,...
Jet fuel surcharge to decline in January
THE trend of falling jet fuel prices is expected to continue early next year, the Energy department said, triggering a lowering of the jet...
Chamber backs changes to apprenticeship rules
THE German-Philippine Chamber of Commerce and Industry (GPCCI) said it supports amendments to the rules governing apprenticeship, citing the need to prolong worker training...
Palay production estimate downgraded by 0.5% for Q4
PRODUCTION of palay, or unmilled rice, is expected to come in at 7.32 million metric tons (MT) during the fourth quarter, based on the...
Farmers call for improved agri data system
FARMERS said agriculture continues to be burdened by inadequate data that the industry relies on to make production decisions.
The Federation of Free Farmers (FFF)...