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MANILA, Philippines House Bill (HB) No. 10926, which seeks to provide a fresh 25-year franchise for the Manila Electric Company (Meralco), has been approved by the House of Representatives on second reading. During the latter part of Tuesdays sessio
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FILE PHOTO: Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. PHOTO FROM BIR FACEBOOK PAGE The Bureau of Internal Revenue (BIR) said the new law imposing a 12-percent value-added tax (VAT) on foreign digital services will not result in
FILE PHOTO: A pedestrian walks past an electronic price share board showing the numbers (at center in green) in early trading down over four percent on the Tokyo Stock Exchange, along a street in Tokyo on September 30, 2024. Japanese shares rallied
Coal power plant. INQUIRER STOCK PHOTO MANILA An official of Lopez-led First Gen Corp., the countrys leading clean energy provider, said in a recent forum that the country cannot continue to operate under the assumption that coal is cheap. Affordabi
FILE PHOTO: A picture shows the logo of the Asian Development Bank (ADB) displayed outside its headquarters in Manila on September 2, 2010. Israel has become the newest non-regional member of the ADB, the Philippines-based lender announces on Friday
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