news
PEZA wants citira exemption for ecozone firms

As the proposed second package of the government’s tax reform program hurdled the committee level at the House of Representatives, the Philippine Economic Zone Authority (PEZA) has urged Congress to reconsider the scope of the bill seeking to rationalize fiscal incentives by excluding ecozone locators, saying tax perks given by government to firms have yielded economic benefits.

[Read more in Philstar]

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The North remembers, Ayala Land Premier delivers

Ayala Land Premier (ALP) this week introduced its first AAA, premium-grade office product in Vertis North, Quezon City. The developer, best known for luxury residential towers and exclusive suburban enclaves, has ventured into office spaces for sale through the 43-storey One Vertis Plaza.

[Read more in Manila Standard]

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Word of Caution

During his recent State-of-the-Nation address, President Duterte asked Congress to immediately pass the second package of the comprehensive tax reform program, also known as the TRABAHO or Tax Reform for Attracting Better and High-Quality Opportunities bill.


[Read more in Philstar] 

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House panel OKs Trabaho bill

House committee on ways and means chair Joey Salceda is expected to sponsor the Trabaho bill for 2nd reading on the same day his panel approves it.

[Read more in Rappler.com]

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BPO remains optimistic on expansion outlook after growing by 5.1% in 2018

The I.T. & Business Process Association of the Philippines remains hopeful about its growth outlook in 2019 despite the government’s planned rationalization of tax incentives. 

[Read more in the Manila Standard]

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New technologies will create new types of jobs and better productivity, not job loss—DTI Chief

Trade and Industry Secretary Ramon Lopez dispelled fears over possible job losses due to the emerging new technologies in various industries.

[Read more in Balikbayan Asian Journal]