By Ben O. de Vera
More companies are seen relocating to the Philippines as well as neighboring Indonesia and Malaysia to tap these countries’ young and educated talent base amid rising labor costs in China, according to global workforce solutions provider ManpowerGroup.
By Amy R. Remo
, Ben O. de Vera
Local companies continued to reel from a double whammy of double-digit losses in revenues and equally crippling surges in import- and export-related expenses, given the continued truck congestion and container pile-up at the Port of Manila.
The Bureau of Internal Revenue on Thursday filed charges against seven Metro Manila companies and 13 individuals for allegedly evading the payment of about P390 million in taxes.
By Paolo G. Montecillo
The fight to cut down excessive corporate incentives would make the Philippines a more attractive investment destination as a more rationalized framework should give risk-taking entrepreneurs a slight edge over established players.
The World Economic Forum on Wednesday announced its selection of Global Growth Companies (GGCs) in East Asia, consisting of 20 of the region’s most dynamic and high-growth companies.