September 27, 2023

Tax court grants P6.29-M refund plea of Swedish firm

The Court of Tax Appeals (CTA) has granted a PHP6.29 million tax refund appeal of United International Pictures Aktiebolag (UIPA). In its decision dated Sept. 22 and written by Associate Justice Catherine T. Manahan, the CTA revived an earlier ruling …

Read More

BSP fully awards TDF, rates drop

Strong demand was registered for the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF) on Wednesday, resulting in the full award of both the seven- and 14-day tenors, but rates declined. Central bank data show that the BSP increased by PH…

Read More

PH urged to launch more marine surveys in WPS

China has never been called to account for the destruction of its ‘massive island building spree’ to the marine environment in the South China Sea, a maritime law expert said Wednesday. University of the Philippines – Institute for Maritime Affairs an…

Read More

PAL to comply with Level 6 fuel surcharge for October

Flag carrier Philippine Airlines (PAL) on Wednesday said it will comply with the Level 6 fuel surcharge that aviation authorities will implement in October. “We will comply with this latest fuel surcharge level that applies to tickets to be purchased …

Read More