March 7, 2024

BIR exempts additional medicines from VAT

MANILA: The Bureau of Internal Revenue (BIR) said 20 additional medicines for cancer, hypertension and mental illness are now exempted from value-added tax (VAT).

In a statement on Thursday, the BIR said Commissioner Romeo Lumagui Jr. issued Revenue …

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Metro Manila Subway on track for 2029 partial ops

MANILA: The first contract package (CP101) of the Metro Manila Subway Project (MMSP) is 40 percent complete and is on track for partial operations by 2029, the Department of Transportation (DOTr) said Thursday.

In a press conference following a site

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Nha Trang to be graced with Sea Festival 2024

Khanh Hoa: A string of sensational cultural and sports activities are expected to excite spectators at the Nha Trang-Khanh Hoa Sea Festival, scheduled in the beach city of Nha Trang of the south-central province of Khanh Hoa from March 13-16.

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Cashless payments surge by over 63%

Hanoi: Non-cash payment transactions increased by 63.3% in volume and 41.45% in value in January, compared to the same period last year, the State Bank of Vietnam (SBV) has announced.

According to the central bank, internet banking transactions surge…

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