While hiking value-added tax (VAT) on 43 goods and services, the National Board of Revenue (NBR) is also focusing on widening income tax coverage by phasing out exemptions to raise the tax to GDP ...

Predictably and absurdly, it was all to be expected that the former Deputy Minister for Local Government and Rural ...

RA 11959 created the Maharlika Investment Corp. with its initial capital coming from the Land Bank of the Philippines (LBP, P50 billion) and the Development Bank of the Philippines (DBP, P25 billion).

The chair of the ways and means panel of the House of Representatives on Saturday warned managers of the country’s first and only sovereign fund against investing in an energy firm that is already in ...

Satya Nadella has been Microsoft's CEO since 2014. The title was previously held by Steve Ballmer and Bill Gates. Look back ...

Hillary Clinton, George Soros, Lionel Messi and Bono are among 19 people President Biden awarded the Presidential Medal of ...

In 2025, the global economy will be in a much better place than at any time since the outbreak of Covid-19. Growth will be ...

Bessent aims to maintain the strength of the U.S. economy with an adapted version of former Japanese Prime Minister Shinzo ...

Following the IMF's recommendations, the National Board of Revenue (NBR) is planning to increase the value-added tax (VAT) on restaurants from 5% to 15%, while the rate on non-AC hotels could be ...

In an exclusive conversation with Siddharth Zarabi, Editor, Business Today, SBI Chairman CS Setty shared insights on India's GDP growth expectations. Highlighting India's resilience, Setty emphasized ...

The opening of LCs for imports also picked up in October and November, reversing a three-month decline. This uptick reflects a growing demand for goods, both for consumption and production, indicating ...

As the global economy faces turbulence, the United States confronts a critical financial challenge: the steady decline in the ...