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Thai firm’s tax perks not OK with Palace–DA

President Benigno Aquino has raised questions on the grant of pioneering status that allowed a Thai food company to receive a six-year tax holiday and nearly duty-free importation of equipment and materials, according to Agriculture Secretary Proceso Alcala.

Posted: January 29th, 2013 in Headlines,Regions | Read More »

Tax perks for Thai firm under fire

CONTESTANTS chase locally grown pigs, to be slaughtered for a feast, during Benguet Foundation Day last month. The province is among several in Luzon that have struggling backyard hog-raising industries that a hog raisers’ group said are now being threatened by a Thai company’s entry. EV ESPIRITU/INQUIRER NORTHERN LUZON

The House committees on agriculture and on food security have asked the Bureau of Investments (BOI) to suspend the tax incentives granted to a Thai food giant, according to a swine industry leader.

Posted: December 6th, 2012 in Headlines,Regions | Read More »