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MMDA: 82 percent of litterbugs threw away cigarette butts
Of at least 15,785 people apprehended for littering in Metro Manila last year, around 82 percent or 12,918 were accosted for tossing cigarette butts on the street, according to the Metropolitan Manila Development Authority......»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
Tax Notes: Online sellers subject to 1% expanded withholding tax
Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»
Hontiveros hopes for fair consideration of divorce bill in Senate
MANILA, Philippines — Sen. Risa Hontiveros expressed hope on Wednesday about the potential reintroduction of a divorce bill onto the Senate’s legislative agenda. In the House of Representatives, a bill on absolute divorce was brought for plenary consideration on Tuesday. The divorce bill in the Senate, however, remains pending for plenary discussion. “I had the.....»»
Bill pushing P100 daily wage hike gets Senate nod on 2nd reading
MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers. Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»
DOF drops income tax hike for dividend income
The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»
Tax credit scam: 5 ex-DOF execs get 8 years
The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»
DOF limits tax-exempt status for pickup trucks
The Department of Finance is pushing for only one kind of pickup truck to remain tax-exempt as it insists on the removal of special excise treatment on all other types......»»
Alcover pushes for agricultural scholarships amid student decline
Alcover pushes for agricultural scholarships amid student decline.....»»
What to expect from Sec. Ralph Recto leadership at DOF
Former senator, former NEDA Secretary, congressman, and deputy speaker until this week, and now Secretary of the Department of Finance (DOF), Ralph Recto has a colorful and multiple experience in both the Legislative and Executive branches of the government......»»
Diokno turns over DOF helm to Recto
Secretary Ralph Recto started the ball rolling as he formally took over the helm of the Department of Finance, with former DOF chief and now Monetary Board member Benjamin Diokno handing over the agency in a simple ceremony yesterday......»»
Philippines approved investment projects up 73 pct in 2023
MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
Philippines approved investment projects up 73 pct in 2023
MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
Diokno proud to leave DOF in better state of affairs
"I am proud knowing that I will be leaving my post at a time when the Philippine economy, in general, and the DOF, in particular, are in a better state of affairs than when I inherited them.".....»»
EcoWaste Coalition Calls Out Quezon City Stores Selling Toxic Cosmetics with Mercury
21 January 2024, Quezon City. The toxics watchdog group EcoWaste Coalition criticized some beauty product stores in Quezon City for their flagrant violation of the ban on skin-lightening products containing mercury, a health-damaging chemical.Despite the citywide ban adopted in 2018 through Ordinance No. 2767 ahead of the 2020 phase-out deadline for mercury-added cosmetics under the Minamata Convention.....»»
From reactive to proactive: Bill pushes early action to mitigate climate disasters
Under House Bill 9935 filed by Rep. Jose Manuel Alba (Bukidnon), declaring a “state of imminent disaster” allows using national and local resources for proactive measures before a disaster. .....»»
Go pushes welfare of entertainment workers
Sen. Bong Go yesterday lauded the approval of Senate Bill 2505, better known as the Eddie Garcia bill, on the third and final reading last Monday......»»
TikTok facing ban in America; penalized $384 million in Europe
The US House of Reps has passed a bill to ban TikTok unless it cuts ties to Communist China. Chinese parent ByteDance must sell TikTok to another nationality in six months or be shut down......»»