Tax exemption on ABS transfers takes effect
BW FILE PHOTO THE Bureau of Internal Revenue (BIR) said a tax exemption on secondary trade and transfers of asset-backed securities (ABS) has taken effect.“The sale or transfer of assets to the SPE (Special Purpose Entity), including sale or transfer of
ICTSI’s P2.35-B Iloilo port project registered with BoI
ICTSITHE Board of Investments (BoI) said it approved a P2.35-billion project of the International Container Terminal Services, Inc. (ICTSI) to modernize, manage, and operate the Visayan Container Terminal in Iloilo.In a statement on Thursday, the BoI said that it awarded
Corn production to be disrupted by rains
DA.GOV.PHBAD WEATHER is expected to disrupt corn production this year after rains forced some farmers to alter their planting schedules, according to the Philippine Maize Federation, Inc. (PhilMaize).“Bad weather, typhoons, and heavy rains caused delays in planting in some areas.
Camp John Hay Golf Club members withdraw complaint against BCDA
CAMP JOHN HAY GOLF CLUB FACEBOOKTHE Bases Conversion and Development Authority (BCDA) said members of Camp John Hay Golf Club withdrew their complaint against the state-owned corporation.“A group of Camp John Hay Golf Club members moved to withdraw their case
PHL undernutrition seen costing economy $8.5 billion each year
PHLSTAR FILE PHOTOUNDERNUTRITION in the Philippines is estimated to cost the economy up to $8.5 billion a year, according to Nutrition International’s Cost of Inaction Tool.“In the Philippines, the cost of inaction is estimated to be $8.5 billion per year,”