Business

VAT refund scheme eyed for tourists

A VALUE-ADDED tax (VAT) refund for tourists could boost economic activity in the Philippines and uncover the country’s potential of becoming Asia’s premier shopping destination, a government official said Thursday. Secretary Frederick Go, special assistant […]

Business

HP forecasts downbeat Q4 profit

HP forecast fourth-quarter profit below Wall Street estimates and cut its expectations for the year on Wednesday, owing to choppy demand in the personal computers market and competitive pricing, even though revenue grew after more […]