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Senator Chiz Escudero said electricity sales should be exempt from the 12-percent value-added tax (VAT), saying this targeted relief in the power sector under his proposed bill would have immediate impact and ease household and industrial burdens without undermining fiscal stability. Escudero acknowledged the recent remarks of Executive Secretary Ralph Recto, who cautioned against proposals […]
The Philippine Travel Exchange (PHITEX) 2022 tallied a record-breaking P172,602,851 business sales leads in just two days, according to data from the Tourism Promotions Board (TPB) Philippines, the marketing arm of the Department of Tourism. The said amount is based on the initial submission of negotiated sales of Philippine sellers physically present at the event recently surpassing […]
The Metropolitan Manila Development Authority (MMDA) has agreed with the operators of Metro Manila malls to reschedule their opening hours to help ease the volume of traffic and lower the number of commuters during morning rush hours during the holiday season. In a briefing, MMDA General Manager Arturo Garcia said mall owners have agreed to […]