Top News
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...
BPI coal loan exposure drastically falls over three years
The Bank of the Philippines Islands (BPI), which counts itself a strong supporter of sustainable financing, has brought down its exposure to coal loans from a high 45 percent of portfolio in 2020 to only 29 percent thus far this year.
BSP keeps policy rates unchanged for third time in series
The policy-making Monetary Board of the Bangko Sentral ng Pilipinas on Thursday kept the policy rate intact at 6.25 percent for a third time in a series.
PAVI proposes adding 7 more stations to ongoing LRT-1 extension project
Villar-led Prime Asset Ventures Inc. (PAVI) is proposing to extend the Light Rail Transit-1 extension program by seven additional stations going all the way to Silang, Cavite.
