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BUREAU of Internal Revenue (BIR) collections surged by 40.24% to P336 billion in April. The BIR’s deadline for the filing of income tax returns fell on April 17 this year. — PHILIPPINE STAR/EDD GUMBANBy Luisa Maria Jacinta C. Jocson, ReporterTHE NATIONAL Government’s (NG) budget surplus
Inflation in May would likely be slower than the 6.6% in April, the central bank said. — PHILIPPINE STAR/EDD GUMBANHEADLINE INFLATION in May will be significantly lower than 6.6% in April, putting it on track to return within the 2-4% target by September or October,
THE SENATE on Monday approved on third and final reading a bill expanding the coverage of the estate tax amnesty and extending the period of availment by another two years.All 24 senators voted to approve Senate Bill No. 2219 which extends the availment period for
A Philippines peso note is seen in this illustration on June 2, 2017. — REUTERSTHE BANGKO SENTRAL ng Pilipinas (BSP) has no issues with the current version of the bill seeking to establish the Maharlika Investment Fund (MIF), its governor said on Monday.“The bill, as
D.M. CONSUNJI, Inc.’s order book during the first quarter went up by 20% to P42.4 billion from P35.2 billion in the fourth quarter of last year, its parent firm said, attributing the growth to the awarding of the second contract package of the South Commuter Railway Project.In a press
LOPEZ-LED First Philippine Holdings Corp. (FPH) is allocating P80 billion for capital expenditures (capex) this year, 75% of which is set aside for its energy arm, its finance chief said on Monday. Emmanuel Antonio P. Singson, executive vice-president, treasurer, and chief finance officer of FPH, told reporters