Tag page - INCOME

Despite a 16 percent fall in its 2020 earnings because of the pandemic, the Philippine Ports Authority (PPA) decided to give P3.5 billion, or 56 percent of its P6.138 billion income, to the national coffers. While the agency is required by law to turn over at least 50 percent of its annual net...

Top tier incentives, primarily a six-year income tax holiday (ITH), is being sought for energy efficiency projects especially those that shall be undertaken by energy service companies (ESCOs). That has been the call put forward by the Philippine Energy Efficiency Alliance (PE2) in its meeting with...

It has been a challenging year for the whole world, and the Philippines is not exempted from this. With Covid-19 still out there, the vaccine has yet to reach us, and the economy heavily affected, Filipinos are trying their best to keep themselves healthy and make ends meet.  With lower or no...

Latest  WB report on PH As many as 2.7 million Filipinos will slip into poverty this year due to the economic disruptions brought about by the coronavirus pandemic, the World Bank said. In a report, “Philippines Economic Update,” the Washington-based institution estimated that poverty rate...