Business Columns

The BIR has issued Revenue Memorandum Order (RMO) No. 33-2018, which consolidates, clarifies and reiterates the existing policies and procedures in the issuance by the BIR of the Authority to Cancel Assessment (ATCA). To the layman, to be able to understand what an ATCA is, one has to talk about tax assessments in general, and […]

The post On BIR’s authority to cancel assessments appeared first on The Manila Times Online.

In Monday’s State of the Nation Address (SONA), President Duterte reiterated his promise of a more comfortable life for all Filipinos. He underscored his obligation to work towards the “greatest good, for the greatest number.” Sadly, there was no mention in his speech of any relief for millions of commuters who endure unreliable, inadequate and […]

The post Better commuters’ lives by next SONA? appeared first on The Manila Times Online.

While we’re being lulled by the political circus that unfolded in the House of Representatives last Monday and the unbelievable straightforward and no-cussing delivery of the SONA by President Rodrigo Duterte, a wicked event happened across the globe over the weekend that, when left out of control, may spoil all the fun — and market […]

The post Spike in oil prices possible appeared first on The Manila Times Online.

AS of Dec. 31, 2017, Vantage Equities Inc. (V) had six companies under it either as subsidiaries or affiliates. These were e-Business Services Inc., Philequity Management Inc., iCurrencies Inc., Philequity Balanced Fund Inc., Philequity Foreign Currency Fixed Income Fund Inc. and eBiz Financial Services Inc. As a group of companies, it holds office at the […]

The post Limited trading on listed stocks appeared first on The Manila Times Online.

As PwC’s territory driver for the local healthcare industry, I’d like to share my realizations on the opportunities with eHealth as well as the challenges of implementing digital health in emerging markets like the Philippines. Background My initial exposure to eHealth was from doing desktop research on “m-health”, a subset of eHealth. As far back […]

The post Local eHealth implementation appeared first on The Manila Times Online.

SAN FRANCISCO – Northern Californians are still in a celebratory mood over the victory of the Golden State Warriors (GSW) at the 2018 National Basketball Association (NBA) finals. More than a month after the GSW’s victory parade in the East Bay suburb of Oakland, businesses have been cashing in on the home team’s back-to-back championship […]

The post Convergence of business and sports appeared first on The Manila Times Online.

The Data Privacy Act of 2012 (DPA) prohibits the processing of “personal information” except when certain conditions exist. Thus, personal information controllers have been very cautious in releasing information, such as lists of names, etc., in fear of violating this rule. In two recent opinions issued by the National Privacy Commission (NPC), however, we get […]

The post When is processing of personal information lawful? appeared first on The Manila Times Online.

WITH much fanfare, Toyota Philippines last week unveiled its 2019 Vios model, the latest version of its popular entry-level sedan, and the first vehicle model assembled entirely in the Philippines under the Comprehensive Automotive Resurgence Strategy (CARS) program. Government and the local media have been effusive in their praise for Toyota’s “commitment to the country’s […]

The post A monumental failure in the making appeared first on The Manila Times Online.

Small taxpayers, beware; the Bureau of Internal Revenue (BIR) has you in its sights. The BIR has issued Revenue Memorandum Order (RMO) No. 32-2018, dated July 6, 2018, prescribing the audit/investigation of individual and non-individual taxpayers by the Assessment Divisions of the BIR Regional Offices. But what exactly is a “small” taxpayer? Under RMO No. […]

The post A look at the BIR’s audit of ‘small’ taxpayers appeared first on The Manila Times Online.

To answer this question, we need to understand why there’s congestion. Congestion arises mainly because road space is limited, and individuals aspire to use private cars and motorcycles instead of public transport, walking or cycling. Unsafe, unreliable and inadequate public transport forces more and more people every day to opt for private vehicles over it. […]

The post Will Edsa BRT lead to more congestion? appeared first on The Manila Times Online.