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FINANCE Secretary Ralph G. Recto gave assurances on Monday that the government can still collect its much-needed revenues despite the value-added tax (VAT) exemption for registered exporters on their local purchases of goods and services. With the burden and complexity that comes with claiming VAT refunds in the country, local…

THE passage of the Corporate Recovery and Tax Incentives for Enterprises Maximize Opportunities for Reinvigorating the Economy (Create More) bill will further drive investments, especially in the semiconductor and pharmaceutical industries.

(UPDATE) PRESIDENT Ferdinand Marcos Jr. on Wednesday ordered the Regional Tripartite Wages And Productivity Board to review the minimum wage rates in every region in a Labor Day directive, but militant workers who marched toward the Palace before they were stopped by anti-riot police demanded a legislated across-the-board increase instead.

President Ferdinand Marcos Jr. ordered on May 1, 2024, Labor Day, the wage policy-making agencies to conduct a review on salary rates across the country to cushion the effects of inflation.

To narrow the gap between Filipinos’ earnings and the fast rising prices, President Ferdinand Marcos Jr. has directed a review of workers’ pay throughout the co

The Biden administration has unveiled a substantial commitment of $7 billion towards solar power projects, specifically targeting low-income communities.

AS a new tax law threw a monkey wrench on the exports engines, a government unit under the Department of Trade and Industry (DTI) is eyeing the establishment of a “green lane” and wider coverage of value-added tax (VAT) exemption. The latter, an official of the DTI’s Export Marketing Bureau…

From school drop-offs to after-school practices and weekend soccer games, parenting can sometimes feel like one big logistical rush to get from Point A to Point B on time. Even though we know that over-scheduling your kids doesn't help their grade point average or boost their mental health—and it certainly doesn't do you any favors—it's easy to fall into that trap. If that sounds familiar, there's a parenting style that might sound appealing to you: slow parenting.

LOCAL economists have raised alarm bells over the Corporate Recovery and Tax Incentives for Enterprises Maximize Opportunities for Reinvigorating the Economy (Create More) bill, saying this may only allow businesses to keep their incentives longer. In a statement on Tuesday, Action for Economic Reforms (AER) said the Senate should protect…

IN a bid to stimulate economic growth and innovation, the House Committee on Ways and Means has finalized the proposed Corporate Recovery and Tax Incentives for Enterprises Act (Create More), which seeks to establish a 20-percent income tax rate for both domestic and foreign corporations under the enhanced deduction income…