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News and Events

An Airport Similar to Singapore's Changi? The Philippines May Soon Have One in 2021

The new terminal in Clark will be fitted out by JG Summit, Filinvest, and Changi Airports International

The quality of the country’s airports may soon improve as the North Luzon Airport Consortium (NLAC) won the bid for the operations and maintenance of the Clark International Airport.The Bases Conversion Development Authority (BCDA) awarded the operations and maintenance contract last December ...

by Pauline Macaraeg for Esquiremag.ph  | January 13, 2019 06:00:00
News and Events

Expect Cheaper Meds and Pricier Gas This 2019

Two major tax changes from the TRAIN law were implemented yesterday

A new year brings with it new changes, and Filipinos can already expect two big ones for popular consumer products, thanks to the Tax Reform for Acceleration and Inclusion or TRAIN law. Though the law was passed back in 2017, there are ...

by Lorenzo Kyle Subido for Esquire Philippines  | January 04, 2019 08:00:00
News and Events

LTFRB Says There are No Laws That Can Regulate Angkas. How True is That?

Congressmen have been filing bills for the regulation of motorcycles for hire for over a decade

The Land Transportation Franchising and Regulatory Board (LTFRB) has resumed its crackdown of drivers of Angkas, the motorbike-hailing company, starting December 12, Wednesday.This comes after a rollercoaster year for Angkas. The LTFRB initially suspended the company’s operations in November 2017, but was ...

by Pauline Macaraeg for Esquiremag.ph  | December 17, 2018 08:00:00
News and Events

Bill That Could Cut Unpaid Taxes by Almost Half Just Awaiting Duterte's Signature

The tax amnesty bill was ratified on December 13

It seems most businesses and professionals are set to have a truly merry Christmas. Individuals, corporations and other organizations with pending tax payments may soon be able to settle their obligations at a reduced rate after the Senate ratified the bicameral report on ...

by Elyssa Christine Lopez for Esquire Philippines  | December 14, 2018 04:00:00
News and Events

What You Need to Know About the Draft Federal Constitution Just Approved by Congress

The lower house approved the proposed charter change on third and final reading on December 11

The House of Representatives passed on third and final reading a proposal that seeks to amend the 1987 Constitution for the creation of a federal government. Resolution of Both Houses (RBH) 15, authored no less than by House Speaker Gloria Macapagal Arroyo, ...

by Elyssa Christine Lopez and Pauline Macaraeg  | December 13, 2018 06:00:00
News and Events

Six-Lane Otis Bridge in Manila is Now Open

Ahead of schedule, too

The Department of Public Works and Highways (DPWH) has announced that the new six-lane Otis Bridge in Paco, Manila, is now open.Located along P.M. Guazon Street, Otis Bridge was finished in just five months and ahead of schedule, the DPWH said in a statement. If you’ll recall, ...

by Drei Laurel for TopGear.com.ph  | December 05, 2018 12:00:00
News and Events

PH's First Eco-Airport in Bohol-Panglao Is Finally Open

The airport started its commercial operations on November 28

If you've been following news about the Bohol-Panglao Airport, then you would already know by now that it has been quite a few years in the making. Eighteen years after its first feasibility study was conducted, the eco-friendly airport was finally inaugurated ...

by Henna Yu for Spot.ph  | November 29, 2018 12:00:00
News and Events

Do You Have Unpaid Taxes? Senate's Tax Amnesty Plan Could Cut It By Almost Half

A proposed bill may allow delinquents to pay only 40 percent of their unpaid basic tax

Individuals, corporations and other organizations with pending tax payments may soon be able to settle their obligations at a lesser rate after the Senate passed a tax bill rolling out an amnesty program for those who have failed to pay in taxable ...

by Elyssa Christine Lopez  | November 21, 2018 09:00:00
News and Events

Is the Philippines Already Enjoying the Economic Dividends from Duterte's Pro-China Stance?

A close look at trade, investments and ODA flows between the Philippines and China

Chinese President Xi Jinping arrived in the Philippines today for his first state visit to the country, a move widely seen as a demonstration of the benefits of closely cooperating with the rising global power.The state visit is an opportune time to ...

by Pauline Macaraeg  | November 20, 2018 06:00:00
News and Events

You'll Be Able to Download a Digital Version of Your National ID On Your Mobile Phone, Says PSA

The agency says that it will eventually replace the need for a physical card

Lisa Grace Bersales, national statistician and civil registrar general of the Philippine Statistics Authority, speaks at the FINTQ On Q, a roundtable discussion organized by FINTQnologies Corp., the fintech arm of telecommunications firm PLDTLast August saw the signing into law of Republic Act ...

by Lorenzo Kyle Subido  | November 15, 2018 11:00:00
News and Events

Mix of Confusion, Relief Mark Parañaque Terminal's First Days of Commercial Operations

The facility didn't quite live up to commuters' high expectations but many hope for better days ahead

When President Rodrigo Duterte inaugurated the Paranaque Integrated Terminal Exchange (PITx) last week, he called the “landport” a state-of-the-art facility that would offer a “convenient” experience to commuters.But when the country’s first intermodal land transport terminal opened its doors on Monday, November ...

by Elyssa Christine Lopez  | November 13, 2018 06:00:00
News and Events

Parañaque Terminal Exchange Starts Commercial Operations Nov. 10

Provincial buses passing through Cavitex to start and end their trips at country's first landport

The Department of Transportation (DOTr) has announced that the Parañaque Integrated Terminal Exchange (PITX), the country’s first integrated and multi-modal terminal, will officially begin operations on 4 a.m., Saturday, 10 November 2018.Provincial buses that pass through the Cavite Expressway (CAVITEX) and Coastal ...

by Elyssa Christine Lopez  | November 09, 2018 07:00:00
News and Events

Share Prices of NOW Corp and Chelsea Logistics Mirror Vagaries of 3rd Telco Race

Not just the bidders but thousands of market investors also won and lost in the selection process

Dennis Uy, a Davao-based business tycoon and one of President Rodrigo Duterte’s biggest campaign contributors in the 2016 elections, is one step closer to becoming the operator of the country’s third major telecommunications company.Mislatel Consortium, which is composed of Uy’s Udenna Corp. ...

by Pauline Macaraeg  | November 07, 2018 06:00:00
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