BIR: Issuing temporary receipts no longer allowed during GCQ

BIR: Issuing temporary receipts no longer allowed during GCQ

MANILA, Philippines – As most parts of the country shifted to a less-restrictive general community quarantine (GCQ) to resume the majority of business activities, establishments will no longer be allowed to issue temporary receipts, the Bureau of Internal Revenue (BIR) said. Revenue Memorandum Circular (RMC) No. 59-2020 issued by Internal Revenue Commissioner Caesar R. Dulay […]
Alibaba holds first online trade show

Alibaba holds first online trade show

The logo of Alibaba Group is seen during the World Intelligence Congress in Tianjin, China on May 16, 2019. [Photo/Agencies] BEIJING — Alibaba launched its first online trade show on Monday afternoon, where Chinese providers sell products via livestreams to...
DBM: P355.1B already released for COVID-19 response

DBM: P355.1B already released for COVID-19 response

The Department of Budget and Management (DBM) has released P355.1 billion for COVID-19 response to date with cash aid to vulnerable sectors eating up bulk of the funds. In a June 9 report, the DBM said P199.9 billion of the allotments released so far went to the...