
ERC ruling puts system loss outside VAT net
An ERC-issued resolution declares allowable system loss charge an inherent government-mandated pass-through cost that does not form part of the gross sales of…
· 2 MIN READ
Topic

An ERC-issued resolution declares allowable system loss charge an inherent government-mandated pass-through cost that does not form part of the gross sales of…
· 2 MIN READ

Security Bank Corp. is sharpening its focus on wealth management, entrepreneur banking and corporate and institutional banking as it rolls out a three-year…
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New Zealand survived a late Iranian scare to pull off a gritty 93-91 overtime victory and strengthen its bid in the FIBA Basketball World Cup Asian Qualifiers…
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The Office of the Ombudsman has recommended two counts each of graft and malversation against Surigao del Norte Rep. Francisco “Lalo” Matugas and former…
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PhilWeb Corp. has elected Lance Y. Gokongwei as chairman following his P2.02-billion investment in the listed company to help scale up its business-to-business…
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Power distributors will have to absorb the cost of renewable energy certificates (RECs) purchased above prevailing market rates instead of passing the…
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PetroEnergy Resources Corp. (PERC) is cutting its direct stake in wind energy unit PetroWind Energy Inc. (PWEI) to 25 percent from 60 percent under a proposed…
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The government has collected P78 billion from the privatized operations of Ninoy Aquino International Airport (NAIA) in less than two years, while private…
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Funny, but Malacañang obviously heard of the project, and it is being rebranded in press statements as a ‘national government initiative,’ with the Mindanao…
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Once a winner is declared, the right to the prize becomes concrete and enforceable, and courts will not allow strained interpretations to defeat it.
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Filinvest Development Corp. (FDC) is prepared to absorb shares left unsold in East West Banking Corp.'s planned P9-billion stock rights offering to preserve…
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PetroEnergy Resources Corp. (PERC) is cutting its direct stake in wind energy unit PetroWind Energy Inc. (PWEI) to 25 percent from 60 percent under a proposed…
· 2 MIN READ

MANILA, Philippines — The ASEAN+3 Macroeconomic Research Office (AMRO) has sharply revised its 2026 gross domestic product (GDP) and inflation forecasts amid…
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The Light Rail Manila Corp. (LRMC) has addressed a leak aboard one of its fourth-generation LRT-1 train sets that it said was caused by a defective…
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Power distributors will have to absorb the cost of renewable energy certificates (RECs) purchased above prevailing market rates instead of passing the…
· 3 MIN READ

The Bureau of Jail Management and Penology (BJMP) on Wednesday dismissed reports that Senator Jinggoy Estrada slipped and fell in a bathroom at the New Quezon…
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The Department of Migrant Workers (DMW) and the New Zealand Embassy in Manila have warned Filipinos seeking employment in New Zealand to be vigilant against…
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The Visayas grid was placed under red alert for the 22nd time this year on Wednesday as available power supply fell short of projected peak demand amid…
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