<?xml encoding=”utf-8″ ?????????> With the self-assessment tax return deadline looming, HMRC has highlighted that as many as 44,800 taxpayers have already chosen to spread their tax payments via payment plans with the tax office – however, millions of people yet to file their tax returns have been warned by an […]
Vehicle sales surpass target in 2023
Vehicles clog the South Luzon Expressway. — PHILIPPINE STAR/RUSSELL PALMA By Justine Irish D. Tabile, Reporter VEHICLE SALES rose by an annual 22% in 2023, surpassing the industry’s target, a report showed, as consumer demand remained robust despite elevated inflation and rising interest rates. A joint report of the Chamber […]
BSP may trim policy rates by 50 bps this year
The main office of the Bangko Sentral ng Pilipinas in Manila. — BW FILE PHOTO THE BANGKO SENTRAL ng Pilipinas (BSP) may cut by 50 basis points (bps) this year and 100 bps in 2025 amid easing inflation, ANZ Research said, adding the central bank still needs to be cautious […]
DoF studies carbon tax, emissions trading system
Smog is seen over Metro Manila in this photo. — PHILIPPINE STAR/MIGUEL DE GUZMAN By Luisa Maria Jacinta C. Jocson, Reporter THE DEPARTMENT of Finance (DoF) is studying the establishment of a “responsive and economically sensitive” system of carbon pricing for the country, its top official said. “The development of […]
DBM calls for swift passage of rightsizing, procurement reforms
MALACANANG.GOV.PH By Keisha B. Ta-asan, Reporter THE SWIFT PASSAGE of measures to rightsize the government and streamline procurement processes would help agencies and local government units (LGUs) improve their budget utilization, the Department of Budget and Management (DBM) said. “When we asked the agencies on their catch-up plans for spending, […]
Yes, we have lots of bananas
1 of 3 WHILE Marcial Aaron may have had a dream job (he was chief executive officer of Unilever’s Food Division), it turns out that his true dream could be found in his roots. In the About page of his family’s Villa Socorro Farm, he said, “It all started as […]
Aboitiz’s Bohol airport O&M plan eyed for Swiss challenge in Q1
DOTR PHOTO By Ashley Erika O. Jose, Reporter THE Department of Transportation (DoTr) said companies wishing to match the proposal of Aboitiz InfraCapital, Inc. — which now owns a 33% stake in the Mactan Cebu International Airport — to operate, maintain, and expand the New Bohol-Panglao International Airport may have […]
Get acquainted with malbec
TWO ARGENTINE WINES: the complex high-altitude Colome Authentico Malbec from Salta, and the price-friendly Gato Negro entry-level fruity Malbec. MALBEC is one of most underrated red wine varietals in the world. It is absolutely one of my favorite mono-varietal wines of all time, same as I adore mono-varietal Nebbiolo from […]
ERC to take rate hike case to Supreme Court
JEROME CMG-UNSPLASH By Sheldeen Joy Talavera, Reporter THE Energy Regulatory Commission (ERC) will go to Supreme Court to challenge a Court of Appeals (CA) decision favoring San Miguel Corp.’s power arm and Manila Electric Co. (Meralco) in a rate hike plea, the commission’s chair said on Wednesday. “We received [the […]
ERC to take San Miguel rate hike plea to Supreme Court
JEROME CMG-UNSPLASH By Sheldeen Joy Talavera, Reporter THE Energy Regulatory Commission (ERC) will go to Supreme Court to challenge a Court of Appeals (CA) decision favoring San Miguel Corp.’s power arm in a rate hike plea, the commission’s chair said on Wednesday. “We received [the copy of CA’s decision].We will […]