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Partnering for a new tax system to achieve investment promotion, job creation and poverty reduction

By Ambassador of South Korea to the Philippines Kim Inchul

The widely acclaimed Tax Reform for Acceleration and Inclusion (TRAIN) Law was enacted in December 2017. The Law includes several tax reform measures that have to be implemented within five years of its enactment such as requiring large s ....

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South Korea helps boost local tax-collection processes

THE Embassy of the Republic of Korea has just announced that the state-of-the-art data center for the Philippines’s Electronic Invoicing System (EIS), which is being supported by the former’s government, opened on June 13 at the Bureau of Internal Revenue’s (BIR) Headquarters in Quezon City. Ambassador Kim Inchul joined the… ....

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South Korean aid enables BIR to build new digital Data Center

South Korea has helped the Philippines build a data center and establish a system in a bid to digitalize the invoicing system of the Bureau of Internal Revenue (BIR).

EIS Data Center (Photo courtesy of the Embassy of the Republic of Korea in the Philippines)
As part of the system's nearing launc ....

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PNRI pitches disposing nuclear waste on Pag-asa Island

As talks of rehabilitating the mothballed Bataan Nuclear Power Plant surfaced, Philippine Nuclear Research Institute director Carlo Arcilla proposed channelling its wastes to the disputed Pag-asa Island in West Philippine Sea.“Ang Pag-asa Island kasi di ba inaangkin nung isang bansa d'yan? Eh kung lagyan mo ng nuclear waste, angkinin pa kaya nila?” he said in Jonathan Andal’s report on “24 Oras." ....

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Philippine nuclear program faces brighter prospects

Despite opposition, the country's nuclear power program faces brighter prospects under the new administration as president-elect Ferdinand Marcos Jr. openly supports the inclusion of nuclear power in the energy mix. The adoption of nuclear power, as well as revisiting the mothballed 620-megawatt (MW) Bataan Nuclear Power Plant (BNPP), was a campaign promise of Marcos and his ....

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