BIR: Incomplete VAT refund claims automatically deemed ‘high risk’
PHILIPPINE STAR/KRIZ JOHN ROSALESTHE Bureau of Internal Revenue (BIR) will now automatically classify value-added tax (VAT) refund claims with incomplete information as “high risk,” subject to full verification.In a memorandum order, the BIR said incomplete claims include those with no
PHL chicken production seen rising 3.8% in 2025
PHILSTAR FILE PHOTOPHILIPPINE chicken production is expected to increase 3.8% to 1.63 million metric tons (MT) in 2025, according to the US Department of Agriculture (USDA).In a report, the USDA’s Foreign Agriculture Service said that the increase in production follows
Irrigation project under study using canals to retain rainwater
PHILIPPINE STAR/ MICHAEL VARCASTHE Department of Agriculture (DA) said it is studying the use of peripheral canals to retain rainwater for irrigation.“What we will do is offset the water so that it does not go directly to the sea, but
GOCC subsidies drop in August
PHILSTARBUDGETARY support for state-owned corporations fell sharply in August, the Bureau of the Treasury said.Subsidies provided to government-owned and -controlled corporations (GOCCs) dropped 51.93% year on year to P9.1 billion.Month on month, GOCC subsidies fell 15.1% from P10.72 billion in
Realizing transformation success through the human element
IN BRIEF: • Companies are engaging in transformational activities at an accelerated rate, making the ability to transform successfully and continuously in response to disruption essential for an organization’s survival.• Human factors were commonly identified as a primary reason for the