The government lost billions of pesos in power subsidies and tax incentives to now-defunct Hanjin Heavy Industries and Construction Philippines Inc. (HHIC-Phil), the Fiscal Incentives Review Board (FIRB) said. In a statement Tuesday, June 7, Finance Assistant Secretary and FIRB Secretariat Head...
The Fiscal Incentives Review Board (FIRB) has instructed all investment promotion agencies (IPAs) to submit a copy of the schedule of rates for their various services relating to the grant and administration of tax incentives. In a statement, Finance Assistant Secretary and FIRB Secretariat Head...
The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives to the P17-billion US-funded Project AGILA, which seeks to redevelop and operate the Hanjin shipyard in the Subic Bay freeport zone. In a statement, Tuesday, May 10, FIRB said the project was granted special...
And neither is this book history, though someday it might well be “Chinatown is not a place,” declared journalist-author Jullie Yap Daza to her friends. Now that sentence is the title of her latest book. Technically, Chinatown is one square kilometer in size, an area surrounded by streets whose...
...animal villains, that is By Bill Urrutia I was never terrified of cartoon villains from the animated films of the ‘90s and early 2000s. In fact, the so-called anti-heroes are—in a lot of ways—more intriguing: They're almost always fashionable, deadly competent, have a knack for witty...
The Fiscal Incentives Review Board (FIRB) is not bowing down to pressure as the interagency body stood firm on its decision that the work-from-home (WFH) setup for registered information technology-business process outsourcing (IT-BPO) firms was only temporary. In a statement on Thursday, April 28,...
The Fiscal Incentives Review Board (FIRB) is planning to set uniform charges on registered Philippine Offshore Gaming Operations (POGO) with the investment promotion agencies (IPAs). Finance Assistant Secretary and FIRB Secretariat Head Juvy Danofrata said on Thursday, April 21, that they will look...
IF YOU COULD READ MY MIND: Two of the novels reviewed here are brilliant examples of where sci-fi today is taking us; and there are two detective mysteries that similarly show the broad range of the genre Sci-fi tales in fantasy worlds ‘Mickey 7’ by Edward Ashton The first big news about this...
The Hollywood director shows off his new camera moves and his flair for lens flares By Bill Urrutia Photos courtesy of Universal Pictures International Every day during the pandemic, we have come to better understand the importance of medical institutions. From healthcare budget allocation,...
The Fiscal Incentives Review Board (FIRB) has approved the tax incentives for a P1.5-billion Cebu-based roll on roll off (RoRo) operator that aims to help modernize the shipping industry and increase competition. Finance Secretary Carlos G. Dominguez III said Tuesday, March 15, that the FIRB...
The Fiscal Incentives Review Board (FIRB) is supporting the proposal on the Strategic Investment Priority Plan (SIPP) by the Board of Investments (BOI), an attached agency of the Department of Trade and Industry (DTI). The SIPP will serve as the primary basis for determining which projects or...
The Department of Finance (DOF) said the return of information technology-business process management (IT-BPM) employees to on-site work would benefit local micro, small, and medium enterprises (MSMEs). In a statement on Wednesday, March 9, Finance Secretary Carlos G. Dominguez III defended the...
