The Department of Tourism (DOT) and the Department of Finance (DOF) are moving to calm nerves across the travel industry, forming a technical working group (TWG) to address tax concerns triggered by a sweeping new revenue regulation.
Support for reforms initiated by the Department of Finance at the Bureau of Internal Revenue is gaining momentum, with leading business groups hailing the measures as a confidence boost for investors and a reset for tax administration.
The planned expansion of Lufthansa Technik Philippines in Clark is being seen as a major , validation of Luzon International Premiere Airport Development Corporation’s (LIPAD) long-term goal of positioning Clark International Airport as a regional aerospace and maintenance, repair and overhaul hub.
The Securities and Exchange Commission (SEC) has approved A Brown Co. Inc.’s shelf registration for up to P12 billion in fixed-rate bonds, and cleared its initial offering under the program.
A recent study and industry forum highlight obesity as a major health and economic challenge in the Philippines. Organized by Novo Nordisk Philippines and the European Chamber of Commerce of the Philippines, the “Healthy Workforce, Stronger Business” forum presented findings from the EpiCOb-PH study — one of the country’s most detailed assessments of obesity’s impact.