MANILA, Philippines — Social distancing and transportation restrictions during the COVID-19 lockdown have forced the majority of taxpayers to settle their dues digitally, with over three-fourths of the internal revenue tax take as of mid-June collected electronically. Citing a preliminary report from the Bureau of Internal Revenue (BIR), the Department of Finance said Tuesday that […]
Budget airline Cebu Pacific is slashing spending this year by over 50 percent as the new coronavirus disease (COVID-19) pandemic forces a review of its long-term expansion plans. Operator Cebu Air Inc. expected capital spending in 2020 to hit P13 billion, down from...
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