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Dorm receipts as raffle entry seen generating P1 billion for BIR

Only a small fraction of some 1,600 dormitories and apartments in the University Belt area in Manila have registered with the Bureau of Internal Revenue (BIR), and only about half of this number pay the correct tax on their rent income, the BIR’s Revenue Region 6 said on Friday.

Read more: Dorm receipts as raffle entry seen generating P1 billion for BIR

Sun Life sets P5-billion net income for 2015

Canada-based insurer Sun Life Financial looks to higher premium-revenue collection from its Asia operations, estimated to rise to 12 percent of total next year from only around 10 percent this year. Sun Life Financial executives said this was significant in that the Philippines is one of its biggest revenue-generating markets.

Read more: Sun Life sets P5-billion net income for 2015

The 44th World Congress for financial executives

THE Philippines will be once again the center of attention in the financial world with the hosting of this year’s World Congress.  The International Association of Financial Executives Institutes (IAFEI), in cooperation with the Financial Executives Institute of the Philippines, will hold the Congress from October 15 to 17 this year at the Makati Shangrila-La Hotel, which is in the central business district of the country.

Read more: The 44th World Congress for financial executives

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