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Personal income tax collection grows 28.6% on reopening of economy | Jasper Y. ArcalasTHE national government’s personal income tax (PIT) collections last year rose by 28.6 percent on an annual basis to P623.7 billion due to the reopening of the economy coupled by a more efficient collection system. Bureau of Internal Revenue (BIR) data submitted to the Department of Finance showed that the…
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Infrastructure projects are more than a mantra | Manny B. VillarWE often hear from every new administration about huge infrastructure projects that it will pursue to speed up the development of the Philippine economy and ultimately reduce poverty. Yes, we know that the benefits of infrastructure projects on the economy are enormous in terms of creating jobs and new business…
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Cebuana Lhuillier expands affordable healthcare insurance with launch of HealthMax | BMPlusAside from the toll it has taken on human lives and the local economy, the impact of the COVID-19 pandemic on families can also be seen in the rise in their health expenditure due to many prolonged hospitalizations, tests, and checkups. Cebuana Lhuillier understands how important it is for every…
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‘They got money for wars but can’t feed the poor’ | BusinessMirror EditorialSince Russia invaded Ukraine on February 24, 2022, support for Ukraine has poured in from around the world. That aid has reached a staggering $150 billion (144 billion euros) as of January 15, according to the Kiel Institute for the World Economy. The group is trying to keep up with…
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Stakeholders welcome deal on local production of e-motorcyclesTHE recent signing of an agreement between the Philippine government, through the Department of Trade and Industry (DTI), and a United States-based firm that would jumpstart the local production of e-motorcycles was welcomed by various stakeholders as this would not only help ramp up the economy but also provide employment to Filipinos.
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