Peza insists on status quo in fiscal incentive system

Peza insists on status quo in fiscal incentive system

The Philippine Economic Zone Authority (Peza) has warned against experimenting on new tax breaks in the middle of the pandemic, but the Department of Trade and Industry (DTI) said the updated tax reform bill was exactly what businesses need now. Based on their respective statements, the Peza and the DTI have apparently found themselves on […]
China weighs new fiscal stimulus plan

China weighs new fiscal stimulus plan

A teller counts cash at a bank branch in Hangzhou, capital of East China’s Zhejiang province. Photo by Hu Jianhuan/China Daily/Asia News Network BEIJING — China is close to unveiling an additional fiscal stimulus package to prevent layoffs and debt defaults and secure...