Category Archives: Business

Philippines and Japan sign supplemental loan pact for New Bohol Airport expansion project

Philippines and Japan Sign Supplemental Loan Pact   On behalf of the Philippine government, Finance Secretary Carlos Dominguez III signs the loan agreement with Japanese government for the New Bohol Airport Construction and Sustainable Environmental Protection Project Phase II today at DOF Bldg., Roxas Blvd.   The actual signing of loan agreement by Finance Secretary Carlos Dominguez III… Read More »

Current status of the Philippines Tax Incentives

Current status of the Philippines’ tax incentives system: “It’s complicated.”   Here in the Philippines, overly generous tax incentives are granted to businesses to the point that costs outweigh benefits.   Every peso granted by the government as a tax incentive is a potential revenue that could have been used for health, education, and infrastructure.   Revisiting our… Read More »

Get To Know The Comprehensive Tax Reform Program (CTRP)

Get To Know The Comprehensive Tax Reform Program (CTRP) of the Duterte administration.   The Tax Reform is one of the top priorities under the 10-Point Socioeconomic agenda of the Duterte administration. It aims to institute a more progressive tax system, and improve administration.   CTRP Packages   Package 1 : TRAIN Tax Reform for Acceleration and Inclusion… Read More »

What is the Trabaho Bill?

Trabaho Bill is the tax reform for attracting better and high-quality opportunities or trabaho is the second package of the comprehensive tax reform program CTRP).   TRABAHO aims to lower the Philippines corporate income tax rate and create a fair and accountable incentives system to make the Philippines’ business field more competitive.   At present, the Philippines has… Read More »

Landbank Koronadal Extension Office Moved

Landbank of the Philippines moved its Landbank Koronadal Extension Office to a bigger and more accessible location.   You can find the new Landbank Koronadal Extension Office at G/F Gaisano Grand Mall of Koronadal, National Highway, Gensan Drive, Koronadal City, South Cotabato.   Visit landbank for all your banking needs!