Group questions gov’t rice import plan

Group questions gov’t rice import plan

The Federation of Free Farmers (FFF) has questioned the legality of the government’s move to import an additional 300,000 metric tons (MT) of rice on top of the imports being brought in by the private sector as this runs counter to the rice tariffication law. Earlier this week, state-owned Philippine International Trading Corp. (PITC), which […]
Ayala group pays P9.86B taxes ahead of deadline

Ayala group pays P9.86B taxes ahead of deadline

Brothers Fernando (left) and Jaime Augusto Zobel de Ayala lead the 7th generation Zobels. Conglomerate Ayala Corp. and key operating units settled P9.86 billion worth of taxes ahead of the extended June 14 deadline, wanting to help the government boost revenues during...