Officials of the Bureau of Internal Revenue (BIR) and the Federal Tax Service (FTS) of Russia have met recently to discuss the latter’s best practices that could be applied in the Philippines to further improve its tax administration and compliance. On orders of Finance...
The country’s external debt service burden fell to $6.09 billion as of end-October 2020 or 16.6 percent lower from same time in 2019 of $7.30 billion, data from the Bangko Sentral ng Pilipinas (BSP) show. Principal payments dropped 9.95 percent to $4.15 billion from $4.61 billion while interest...
The Siy Cha Group of Companies from Sultan Kudarat, which have been in the motorcycle retail business for over 30 years, now wants a piece of the P37 billion delivery market for online merchants and their customers. The group will launch Amigo, an on-demand delivery service platform next month, to...
The Department of Agriculture's (DA) National Tobacco Administration (NTA), which currently operates a state-owned meat processing facility in Ilocos Sur, will set aside P10 million to augment the facility's operations. This, according to DA, is hoped to help stabilize the supply and price of pork...
Chansung with fellow 2PM members (left) and Park Hyung-sik. (Instagram) K-pop boy band 2PM member Chansung, 30, and actor Park Hyung-sik, 29, of boy band ZE:A, were officially discharged from the military. 2PM gathered together on Jan. 5 to welcome back Chansung who was officially discharged from...
BTS (Twitter) The Korea Music Content Association (KMCA) has questioned the fairness of a recently promulgated law in South Korea that will allow outstanding pop culture artists like BTS to postpone their military service until age 30. Last Dec. 22, the Korean government promulgated a law, called...
The Philippines may still end up importing 600,000 metric tons (MT) of corn next year despite the government’s new policies limiting the issuance of Sanitary and Phytosanitary import clearances (SPS-IC) on the staple as well as feed wheat. In the latest Global Agricultural Information...
Yoon Ji-sung upon his official discharge from the military on Dec. 13 (Instagram) Yoon Ji-sung, the former leader of the defunct K-pop boy band Wanna One, was officially discharged from his military service on Dec. 13. The 29-year-old K-pop artist enlisted in the military on May 14, 2019 and served...
It’s good news for both local hog raisers and meat importers after the Department of Agriculture (DA) moved to set aside a portion of its Bayanihan 2 budget to fund the establishment of four meat cold storage warehouses and meat-cutting facilities. In a statement, the DA, through its National...
The fatal animal disease African Swine Fever (ASF) that reached the Philippines’ backyard farms in August last year is now on its third wave, so far resulted in the culling of more than 400,000 pigs across the country. Based on the latest government report, the ASF outbreak in the Philippines...
BTS (Twitter) South Korea’s National Assembly has passed a bill that will allow K-pop superstars and Grammy nominee BTS to postpone their military service until age 30. The bill was passed on Dec. 1 during the 13th plenary session of the National Assembly with 253 lawmakers voting in favor, two...
Ayala-owned upstream petroleum firm ACE Enexor Inc. has kicked off its search for a deep-pocketed and technically experienced partner for its planned oil and gas exploration venture at an offshore block in Northwest Palawan. ACE Enexor Chairman and CEO Eric T. Francia “We’re beginning to...
