Quezon City launched BOSS
To encourage more new businesses to register this year, the Quezon City government launched last Friday the Business One-Stop Shop or BOSS, which aims of simplifying the process of securing business permit.
“The simplified procedures in licensing will drive individuals to invest or a business,” said Pacifico F. Maghacot, Jr., officer-in-charge for the Business Permit and [...]
August 21, 2010
Tags: BOSS, business concerns, business news, business one-stop shop, business permit, business registration, entrepreneur, Government, Philippines, Quezon City government Posted in: Announcement, Government, Law, Philippine business news, Philippines, business opportunity, entrepreneur, entrepreneurship 
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The Expanded Senior Act of 2010 (Republic Act 9994)
The Republic Act 9994 or the Expanded Senior Citizens Act of 2010 was finally signed into law, giving our senior citizens additional benefits. Among them is their exemption from the 12% value-added tax (VAT), as stated in the implementing rules and regulations signed last Friday by the Deparment of Social Works and Development (DSWD). This [...]
June 18, 2010
Tags: Expanded Senior Citizens Act of 2010, Government, Law, Philippines, RA 9994, Republic Act 9994, value-added tax, VAT exemption Posted in: Announcement, Consumers, Government, Health, Law, Philippines, Taxation, finance No Comments
$500 M retail treasury bonds to be auctioned by the government
$500 million retail treasury bonds will be auctioned by the government on April 21. These RTB were intended for overseas Filipino workers (OFWs).
National Treasurer Roberto Tan is confident that they would be able to sell the whole $500 million after conducting a series of successful briefing in different parts of the globe.
Tan said that they [...]
April 19, 2010
Tags: auctioned, exemption, Government, incentive, investment instruments, money, multi-currency, Philippines, retail treasury bonds, RTB Posted in: Announcement, Government, Philippine business news, Philippines, banking, economy, finance, investments, money One Comment
BIR to check on companies’ year-end inventories
Here’s one last attempt of the Bureau of Internal Revenue (BIR) to catch up of companies trying to pull a fast one on the revenue agency.
BIR field personnel will be going out and check the warehouses of companies to verify their year-inventories viz-a-viz their submitted year-end declaration.
Revenue Memorandum Order No. 40-2009 was issued by BIR [...]
December 28, 2009
Tags: BIR, businesses, entrepreneur, Government, Philippines, taxes Posted in: Announcement, Corporations, Government, Law, Philippine business news, Philippines, Pricing, Products, Taxation, economy, finance, money No Comments
“Philhealth is financially healthy”
“Philhealth is financially healthy” This seems to be the assurance that government wants to give as news broke out recently that the Philippine Health Insurance Corp. (Philhealth) was on the brink of bankruptcy.
In a Malacañang briefing, Budget Secretary Rolando Andaya told reporters that “Philhealth is far from bankruptcy.” He even said that contrary to the [...]
August 21, 2009
Tags: bankruptcy, finance, financialy stable, Government, liquidity, money, Philhealth, Philippines Posted in: Announcement, Government, Philippine business news, Philippines, finance, money No Comments
