FIRB | ABS-CBN News

DOF eyes tax perks review as 'billions' lost from Hanjin

ABS-CBN News
Posted at Jun 07 03:34 PM

Tax perks granted to firms should be reviewed after the "billions of pesos" were lost in tax breaks for the defunct Hanjin shipyard in Subic, a Finance official said Tuesday. Read more »

BPO sector says discussing hybrid work arrangement

ABS-CBN News
Posted at May 25 11:52 AM

The IT-Business Process Management sector is in talks with agencies and stakeholders on possible 'hybrid work arrangements', a group said. Read more »

Tax perks granted to Converge, 3 tower companies: DOF

ABS-CBN News
Posted at May 25 10:39 AM

The FIRB has granted tax incentives for Converge and 3 other tower companies in line with the CREATE law, the Department of Finance said. Read more »

BIR to inspect BPO compliance with on-site work order

ABS-CBN News
Posted at May 18 04:18 PM

The BIR has created a task force to inspect the compliance of BPOs with the order to return to on-site work, the Finance Department said Wednesday. Read more »

Converge gets tax perks for broadband in remote areas

ABS-CBN News
Posted at May 18 01:12 PM

Converge said it has secured the approval of the Fiscal Incentives Review Board (FIRB) for tax incentives for its broadband rollout in remote areas until 2026. Read more »

'Underground BPOs' competing for workers with registered BPOs: PEZA

Zandro Ochona, ABS-CBN News
Updated as of May 17 12:18 PM

PEZA warned that “underground BPOs” are luring employees from registered BPOs by offering higher pay sans security of tenure as a way to evade the government. Read more »

Incentives board OKs tax perks for Subic shipyard rehab

ABS-CBN News
Updated as of May 10 05:04 PM

US-based private equity firm Cerberus Capital Management is funding the project with a total cost of P17 billion. Read more »

FIRB eyes rationalizing POGO fees, Finance Dept says

ABS-CBN News
Posted at Apr 21 04:22 PM

The Fiscal Incentives and Review Board will explore rationalizing the "huge" and varying fees collected by investment promotion agencies from POGOs. Read more »

As gov't nixes WFH, BPOs say hybrid work is the future

Jessica Fenol and Art Fuentes, ABS-CBN News
Updated as of Mar 28 10:24 AM

As the government orders BPOs to end work-from-home setups, industry leaders say a hybrid office-remote work arrangement is key to keeping 'talents' happy and the sector competitive. Read more »

Pasig launches nighttime COVID-19 booster vaccination

Anjo Bagaoisan, ABS-CBN News
Posted at Mar 12 07:22 AM

Mayor Vico Sotto said Pasig did not mount ‘bakuna nights’ in the past year of the vaccination rollout to avoid stretching out the city health team. Read more »

San Miguel's P10B cement plant secures tax incentives

ABS-CBN News
Posted at Jan 18 01:57 PM

San Miguel Corp said said the Fiscal Incentives Review Board has approved tax incentives for its P10 billion cement manufacturing project in Davao Del Sur. Read more »