BN Philippines

BN Philippines

Business News Philippines was launched in October 2015 as a portal for readers to learn more about operating a business in the Philippines.

Lando’s Massive Economic Damages Reach P5.9B

typhoon

Tropical typhoon Lando, with international code name Koppu, which made a landfall in the Philippines on Sunday has caused a massive impact on the country’s economy. According to the Department of Agriculture, the damage has reached 5.9 billion. About 277,060…

Lower Taxes Pushed By Congress

income tax

We recall that in September, President Aquino objected against the proposal to reduce income tax rates. The bill already in Congress calculates for P30-billion revenue losses in government collections and Aquino has not been convinced that reducing taxes would bring…