Citira, Myanmar challenge Phl garments industry
Local garments manufacturers count the Corporate Income Tax and Incentives Rationalization Act (Citira) and competitor Myanmar as among the threats to the…
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77 results for “income”
PEZA Board realigns stance, supports Citira
The Philippine Economic Zone Authority (PEZA) board, chaired by the secretary of the Department of Trade and Industry (DTI), on Wednesday said it now supports…
GOCC urged: Compete on even terms with private sector
Proprietary or commercial functions enable GOCC to earn or derive income while regulatory functions are those that enable them to set rules in their specific…
House dumps ‘dysfunctional’ GIE tax
CITIRA modifies the economic structure by lowering the income tax on 1 million small and medium enterprises.
GSIS eyes PPP for its property assets
In its continuing effort to enhance revenue income from its investment properties, the governing board of the Government Service Insurance System (GSIS), led…
‘Listen to cry’ of farmers–bishop
A Catholic bishop from the country’s rice granary called on the government to “listen to the cry” of farmers suffering income loss from the flood of rice…
Phl banks adequately capitalized
Each of the large banks reported higher net interest margin in the first half of 2019 relative to the first half of 2018, contributing to stronger net interest…
Distilleries want level playing field on tax hikes
Distilleries argue that low income consumers will be unfairly penalized.
SM nets P23-B in first half
SM Investments Corp. (SMIC) reported net income of P23 billion in January to June of 2019 from P18.1 billion in the same period the previous year.
Displaced workers head to New Zealand
The government quickly moved to offer the displaced workers of shipbuilder Hanjin with alternate sources of employment or income. contributed photo
The feared SALN
The Statement of Assets, Liabilities and Net Worth (SALN) is the most detested document that is required to be filled up by public officials, even more…
Gambling earnings take 72%
Earnings from gambling and betting activities accounted for 72 percent of the total income that the arts, entertainment and recreation sector generated in…
Midterm polls to boost market
The local market was seen to benefit from the midterm elections this year, propelled in part by the increase in disposable income leading to higher margins for…
GMA Network 2Q revenues up 1%
Improved financial performance in the second quarter allowed broadcast leader GMA Network, Inc. (GMA) to report net income of P1.232 billion in the first half…
Lopez Holdings reports P2.174B net income
Lopez Holdings reported P2.174 billion in net income attributable to equity holders of the parent for the first six months of 2018. This was 23 percent higher…
BPI bares dollar-denominated income fund
BPI Asset Management and Trust Corporation (BPI AMTC) recently launched the BPI US Dollar Income Feeder Fund, the first dollar-denominated income fund in the…
SM sustains growth in 1H
SM Investments Corp. (SM) reported net income 9 percent higher in the first half to P18.1 billion from P16.6 billion in the same period last year.
SMC net income up 6 percent
San Miguel Corp. (SMC) reported a six percent growth in net income in the first half of the year.
PSBank 1H net income up 15%
The lender was recently bestowed the BSP 2017 Paglugon Award, its third in four years.
PLDT H1 revenues up
The board of directors also declared an interim dividend of P36 per share in line with the company’s dividend policy of a 60 percent payout of the underlying…