PRESIDENT Ferdinand R. Marcos, Jr. cited red tape and power costs as the top issues raised by foreign investors. Responding to a question from a media panel on Monday about transparency concerns surrounding his administration, Mr. Marcos said: “They bring up ease of doing business, they bring up the cost of energy, they bring up […]
Tag: ease
RCBC projects 2023 inflation average at 4.5-5.5%
RIZAL Commercial Banking Corp. (RCBC) said average inflation is expected to slow to 4.5% to 5.5% in 2023 as oil prices ease, with the lower end of his forecast in line with the government’s official projection of 4.5%. In an email, the bank’s Chief Economist Michael L. Ricafort said he sees inflation in the first quarter averaging […]
Norway to help ease the power price pain for businesses
OSLO – Norway‘s government on Friday presented a long-awaited package of loans and subsidies to reduce the impact of sky-high power prices for businesses, joining other European countries seeking to ease the energy crunch. Governments across the region have been racing to present measures to protect consumers and industry from more expensive energy bills. Read […]
Stylish vivo Y16 boasts of big storage, high performance, super camera features
The vivo Y16 is now available in the Philippines for P8,499 vivo’s surprises this September are not over yet as the brand spotlights that #MemoryIsPriceless with the vivo Y16. The latest addition to vivo’s Y series features an enormous storage which allows its users to continuously create and save memories without the fear of running […]
Bill on ease of paying taxes hurdles House committee
A MEASURE seeking to ease the process of paying taxes has been passed at the House Committee on Ways and Means. At a hearing on Wednesday, the committee approved a substitute bill consolidating House Bills (HB) 53 and 2823. The measure hopes to modernize tax administration as a means of improving taxpayer compliance, specifically by […]
S. Korea slightly eases distancing but warns of Omicron surge
SEOUL — South Korea will slightly ease its coronavirus gathering restrictions starting next week but continue to maintain a 9 p.m. curfew on restaurants and entertainment venues, a…
Gokongwei group sees recovery in consumer demand as restrictions ease
DIVERSIFIED conglomerate JG Summit Holdings Inc. (JGS) registered revenues of P50.4 billion for the third quarter of 2021, a nine percent growth year-on-year. The firm’s core net income for the first nine months of 2021, however, declined to P948 million, albeit still in positive territory. The topline growth was mainly driven by expanded capacity and […]
Foreign chambers back ease of paying tax bill
THE Joint Foreign Chambers of the Philippines (JFC) said Wednesday that the Senate should immediately tackle the Ease of Paying Taxes bill, noting that government needs to find creative ways to collect revenue to fund its pandemic response. The House of Representatives on Sept. 15 approved on third and final reading House Bill No. 8942 […]