Metro Business articles
Makati extends deadline of tax payments
Makati Mayor Abby Binay said the city is extending the April 20 deadline of payments for business licenses, real property taxes, and other fees and charges until April 30, 2020. The mayor said the city is also suspending the imposition of penalties, interests, and surcharges accruing from the issua...
Assembly Grounds at The Rise temporarily closes
Assembly Grounds at The Rise is temporarily closing to prioritize the health and safety of the community, and in compliance with government directives due to the COVID-19 outbreak. Mall operations cease on March 16 until further notice, while certain establishments remain open. Security...
Makati reminds taxpayers of Jan. 20 deadline
Makati Mayor Abby Binay reminded residents and business owners about the January 20 deadline to settle their taxes and renew their business permits and licenses. Binay said she authorized frontline offices to extend operations after office hours and on weekends starting January 2. “I ha...
Noma, Makati’s new stomping ground
With a prime location that’s a few minutes away from the bustling Makati CBD and known for its vibrant art, music, and food scene, North Makati or NOMA has turned into a land of promise for every young professional, artist, and entrepreneur. Now, NOMA welcomes the community’s newest hub...
BIR files P156-m tax case vs Makati BPO firm
The Bureau of Internal Revenue (BIR) said it filed a P156-million tax case with the Department of Justice against System Encoding Corp. (SENCOR) and its management led by president Michael Victor Martel. It said the case allegedly involved several counts of willful attempt to evade or defeat the pa...
Makati collects P14.2 billion in revenues
Makati City said it collected P14.2 billion in revenues as of July 2019, representing 83 percent of its full-year revenue target of P17.1 billion. The City Treasurer reported to Mayor Abby Binay that the city government was on track with its revenue target of P17.1-billion for the year, noting...
Business leaders laud Makati for faster processing of permits
The Makati Business Club (MBC) on Thursday lauded Makati Mayor Abby Binay for making it easier to do business in the city. At a roundtable meeting hosted by the MBC at Ayala Tower One, Ayala Corporation President and COO Fernando Zobel de Ayala expressed his appreciation for the efforts of the mayo...
Makati to ink joint venture for the metro subway project
Makati Mayor Abby Binay will sign a historic joint venture contract with Philippine Infradev Holdings, Inc. (formerly IRC Properties, Inc.) for the first metro project in the city. Makati City Subway, known as MkTr, would connect important points such as the present Central Business District along ...
Makati City Council approves $3.5-billion intra-city subway
Last Friday, the Makati City Council endorsed the public-private partnership project (PPP) to build, run and maintain the US$ 3.5 billion, or P178 billion, intra-city metro.The local government said that subway project will be the biggest PPP in Makati City. In this initiative, the Philippine Infra...
Makati to auction delinquent real properties
The Makati City government on Friday announced that it was set to conduct a public auction of real properties with delinquent tax payments amounting to P1.73 billion. The Office of the City Treasurer will set the auction date, said Atty. Michael Camiña, city legal officer. Camiña sai...
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