BIR issues new clarification on VAT zero rate for local purchases
The Bureau of Internal Revenue (BIR) has added yet another clarification to earlier rules on value-added tax (VAT) zero-rate transactions on local purchases made by registered export enterprises or REEs granted VAT-zero rate incentives.
AXA Philippines bolsters volunteerism, puts spotlight on women-centric cause
AXA Philippines keeps the culture of volunteerism alive by advancing women’s protection and empowerment at the recent AXA Week for Good. The week-long engagement...
Aboitiz Construction to build five warehouses for FAST Logistics Group in Cebu
Aboitiz Construction recently engaged in a partnership with FAST Logistics Group to design and build five ambient warehouses, along with ancillary and utility spaces,...
GSIS posts P61billion net income, 20-fold increase for 1H 2023
The Government Service Insurance System (GSIS) reported a net income of P61 billion for the first half of the year, a 20-fold increase from...
Maynilad may consider sourcing water from Manila Bay if desalination cost eases to affordable levels
Maynilad Water Services Inc., the water utility of Metro Pacific Investment Corp., may consider Manila Bay as source of potable water for its concession area in Metropolitan Manila and nearby towns if the cost of desalination comes down or large consumers such as factories start extracting water from the salt-water bay for their needs.
