Lately, its been rather painful to have my car refueled, what with the ridiculously expensive fuel prices. I drive an SUV, so a full tank of diesel fuel (at 50 liters) would cost a little over P2,400, with the average price of diesel at P48.35 a liter. I could just imagine what the gasoline-driven cars […]
The post On suspension of excise taxes on fuel appeared first on The Manila Times Online.
Read moreOn October 10, 2018, DoTr Secretary Arthur P. Tugade declared in no uncertain terms that the Public Utility Vehicle Modernization Program (PUVMP) will proceed. In his words, “PUV modernization should be implemented now…We are not fighting the few. We are protecting the many.” Tugade knows this is a battle worth fighting, because PUVMP is about […]
The post PUV modernization is a must appeared first on The Manila Times Online.
Read moreHi Sir Jesi! My name is Sarah and I’m one of the attendees in your financial talk in Antipolo. You mentioned about investing in mutual funds and I am interested to start investing. Can you please enlighten me on what is a mutual fund investment? Thank you and God bless. — Sarah * * * […]
The post A primer on mutual funds appeared first on The Manila Times Online.
Read more“You cannot escape the responsibility of tomorrow by evading it today.” -Abraham Lincoln The Development Bank of the Philippines (DBP) institutionalized responsible finance practices into its business functions through the integration of environmental considerations into all aspects of its operations and services, asset management and business decisions. It started in 1997 when an Environmental Policy […]
The post The journey to responsible financing appeared first on The Manila Times Online.
Read moreIT’S counter-intuitive to some people. If there are no quality checkers, how do we ensure zero-defect products and excellent services for customers? A wrong answer was given by one factory that proudly displays a tarpaulin banner that says “Quality Starts Here” with an arrow directed to the work stations of 20 minimum-wage earners doing visual […]
The post Quality inspectors are irrelevant appeared first on The Manila Times Online.
Read moreA new study by PwC for the World Economic Forum released at the Global Climate Action Summit identifies more than 65 ways blockchain can be applied to the world’s most pressing environmental challenges. Produced in collaboration with PwC, as part of the 4th Industrial Revolution project, “Building blockchains for a better planet” examines how new […]
The post 65+ ways blockchain can fix environmental challenges appeared first on The Manila Times Online.
Read moreA part of taxpayer’s due process rights under law is to be subject to a tax audit and assessment (for deficiency taxes) by the BIR only within certain defined periods, known as “prescriptive periods.” If the BIR does not make a tax assessment within the prescriptive periods, the BIR will be forever barred from making […]
The post Waiver of prescriptive period to assess tax appeared first on The Manila Times Online.
Read moreTHE impact of the US-China trade war on the rest of the world has become a popular discussion topic among the subset of the human population described as “people whose primary function is to discuss business and economic topics.” This is in spite of the fact that nobody has any idea what will actually happen. […]
The post Parsing the US-China trade war appeared first on The Manila Times Online.
Read moreAPART from debating the national budget for next year, the most important piece of actual work being done in the legislature right now is the processing of Package 2 of the Comprehensive Tax Reform Program (CTRP). This measure has two main objectives: Implementing a schedule of reductions in the corporate income tax rate, and rationalizing […]
The post Palace preemptively undermines its own tax bill appeared first on The Manila Times Online.
Read moreRepresenting 26.6 percent of the total employment rate in the Philippines, millennials aged 25 to 34 years old are considered the largest number of employed individuals, according to the January 2018 Labor Force Survey. The demographic shows that millennials dominate the active working population of the country. Are you part of this sector? If yes, […]
The post Budgeting strategies for millennials appeared first on The Manila Times Online.
Read more