BIR: IT-BPOs must pay income tax for unapproved WFH

New Bureau of Internal Revenue rules say registered IT- business process management…

Biden imposes total ban on imports of Russian oil and energy

Ban covers all US imports of Russian oil, liquefied natural gas and…

FIRB rejects WFH extension for IT-BPM sector

Fiscal Incentives Review Board says its resolution on work-from-home arrangement for IT-BPM…

Cerberus acquires Hanjin’s Subic shipyard for $300M

US investor Cerberus Capital Management and Agila NY Naval Inc./Agila South are…

PH Jan manufacturing growth slows but still up double digit

Philippine manufacturing growth eased in January but still in double digit The…

Asia Pacific grip on €441B global e-commerce logistics market slipping

Asia Pacific, North America and Europe account for more than 95% of…

High fuel prices jack up local shipping costs by up to 25%

The continuous increase in fuel prices is pushing up domestic shipping costs…

Economic cluster advances measures to dull effects of oil price hikes

The Cabinet Economic Development Cluster recommended a slew of measures, including removal…

Carriers seek fuel subsidy, suspension of excise tax, cut in gov’t fees

Domestic shipping and air carriers want a reduction in government charges to…

Robredo tags maritime industry as a priority, bats for ship registry

The maritime industry will be a top priority for presidential candidate Leni…