Best time to pass ‘recalibrated’ corporate tax reform

May 28, 2020
Finance Sec.  Carlos Dominguez III said now is the best time to reform corporate taxation and modernize the country’s investment incentives system by way of the economic team’s ‘recalibrated’ tax reform package now known as the Corporate Recovery and Tax Incentives for Enterprises Act, which is designed to be largest fiscal stimulus program for businesses in the country’s history.

OF Bank, E-Invoicing project launch in Q3

May 28, 2020
Even with a national health crisis now besetting the country, the Department of Finance is ready to launch by the third quarter of this year two digital-based programs aimed at improving tax compliance and expanding financial inclusion, especially among Filipino migrant workers, Finance Sec. Carlos Dominguez III said.

Stimulus bill to stop collapse of economic base

May 28, 2020
Senate President Vicente Sotto III pushed for the immediate passage of a measure that would establish a stimulus program to "restore economic growth, maintain employment levels, and expand the productive capacity of the country" in the aftermath of the coronavirus disease 2019  pandemic.

DA, Manila City to rev up urban agriculture

May 28, 2020
During the visit of DA officials and executives of the Bureau of Plant Industry ) and Agricultural Training Institute to Manila Mayor Francisco “Isko” Moreno at the Manila City Hall, Agriculture Sec.William Dar discussed their Urban Agriculture Project.

New Clark Int'l Airport prez/CEO  named

May 28, 2020
"The Office of the Executive Secretary confirms that Mr. Aaron N. Aquino has been appointed member, Board of Directors, Clark International Airport Corp. on 22 May 2020. Mr. Aquino's nomination as the president/CEO of Clark International Airport Corp. has been approved by President Rodrigo Roa Duterte and is now forwarded to the aforesaid corporation's Board of Directors," Executive Secretary Salvador Medialdea said in a press statement.

Holcim restarts Luzon, Davao operations

May 27, 2020
Leading cement manufacturer Holcim Philippines, Inc. has restarted manufacturing and logistics operations with stronger health and safety controls in all its sites nationwide after pausing cement production in compliance with government quarantine measures against coronavirus disease 2019.

'Reboot, reform' of agriculture pushed

May 27, 2020
During the launch of the "Plant, Plant, Plant" program in line with the celebration of the farmers and fisherfolk's month at the Department of Agriculture central compound in Quezon City, Dar said the agriculture sector should be more responsive especially with the pressing issues faced by the country.