Grit and the single-minded determination to prove that a small firm, eschewing the glamor of pedigree and focusing instead on giving clients the best legal advice, can rise and be on equal footing with the big boys. This sums up the experience of Atty. Marvi R. Abo and his crack team at Abo and...
The Department of Finance (DOF) said the government will finalize within this month the Strategic Investment Priority Plan (SIPP) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law. In a statement, Finance Secretary Carlos G. Dominguez III said on Wednesday, Jan. 12, that the...
mactan_cebu_airport The Department of Transportation (DOTr) and the Civil Aviation Authority of the Philippines (CAAP) are inaugurating Mactan-Cebu International Airport (MCIA)'s new Corporate Building in Lapu-Lapu City, Oct. 28, 2021. Completed this March, the six-storey Corporate Building will...
Today, sustainability is at the forefront of everything. The Philippine national government, for one, has enacted several laws to address environmental issues. There’s the Clean Air Act 1999, Ecological Solid Waste Management Act 2000, Clean Water Act 2004, Biofuels Act 2006, and Renewable Energy...
The National Reinsurance Corp. of the Philippines (Nat Re), the country’s national reinsurer, was recognized by the Institute of Corporate Directors (ICD) for good corporate governance practices. Allan R. Santos, Nat Re president and chief executive officer said the company bagged two Golden...
Bryan John Dizon, 38, worked for various companies in the Business Process Outsourcing (BPO) and banking industries prior to his involvement in poultry farming. Dizon was first exposed to chickens when his family members used to raise them for cockfighting. As a result of this exposure, he...
To work hard, save up, and spend their days on a farm is a common end goal for many Filipinos. Many retirees achieve this during their golden years, but there are also young folks who pursue their farming dream earlier in life. Here’s how some young corporate workers who successfully made...
Senators on Thurday, July 29, again called for an amendment of the country's tax code to provide a "permanent" solution to the erroneous interpretation of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act. Senate President Pro Tempore Ralph Recto (Senate PRIB) Senate President...
The Department of Finance (DOF) said President Duterte has now accomplished eight tenths of his economic reform program that provided income tax cuts for individuals and corporations. In a statement, Finance Secretary Carlos G. Dominguez III said Wednesday, July 28, that 85 percent of the Duterte...
The government incurred hefty foregone revenues due to fiscal incentives enjoyed by favored enterprises one year before the landmark congressional approval of the corporate recovery and tax incentives for enterprises (CREATE) law. According to the report submitted by the Department of Finance -...
The Light Rail Manila Corporation (LRMC), the private operator of the Light Rail Transit Line 1 (LRT-1), bagged a Silver Stevie® Award under the coronavirus disease (COVID-19) Response category during this year's Asia-Pacific Stevie Awards. (Photo from LRMC) "We are honored and grateful for this...
The finance and trade departments signed the implementing rules and regulations (IRR) of the corporate recovery and tax Incentives for enterprises (CREATE) law, the government’s largest fiscal stimulus package for businesses in the country’s history. Ahead of the July 10, 2021 deadline, Finance...
