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Smoking: Research shows its lasting effect after quitting
Researchers are still discovering how smoking continues to harm people’s health even years after they quit, with a new study on Wednesday revealing tobacco’s lasting effect on the immune system. Despite the tobacco industry long fighting to conceal the dangers of smoking, tobacco is now known to kill more than eight million people globally a.....»»
Philippines to intensify measures vs tobacco use
The Philippines has vowed to intensify its measures against tobacco use, in line with an international treaty that seeks to address what it called the “tobacco epidemic.” .....»»
PMI eyes use of Philippines tobacco in smoke-free products
Philip Morris International plans to use locally produced tobacco leaves in its smoke-free products following the inauguration of the P8.8-billion expansion of its local affiliate’s factory......»»
10 Indonesians with P398M tobacco products aboard vessel nabbed in Tawi-Tawi
ZAMBOANGA CITY (MindaNews / 22 February)—Ten Indonesian nationals with P398 million worth of undocumented tobacco products were apprehended on February 1 in the sea off Tawi-Tawi, belated reports from the Naval Forces Western Command (NFWM) said. Lt. Chester Ross Cabaltera, public affairs officer, said in a press release and subsequent phone interview that the National […].....»»
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.....»»
Vape products found with P151 million tax deficiencies
More vape products are found evading tax liabilities of around P151 million as the Bureau of Internal Revenue ramps up its enforcement activities......»»
Philippines urged to prioritize health over trade at global tobacco control talks
Delegates from around the world gather in Panama this week for the 10th Conference of the Parties (COP10) to the World Health Organization Framework Convention on Tobacco Control......»»
Restricting minors’ access to vape pushed
MANILA, Philippines — Health Secretary Teodoro “Ted” Herbosa on Tuesday called for stricter enforcement of regulations to prevent minors from accessing tobacco products, especially vape. Herbosa cited that while minors are not legally allowed to purchase such products, many of them can still be seen using them. “Technically, by law, 18 years old and above.....»»
Senate approves bill on BJMP control of provincial jails
MANILA, Philippines — The Senate passed a bill on Monday aiming to transfer the control and supervision of all provincial and sub-provincial jails from the local government to the Bureau of Jail Management and Penology (BJMP). Senate Bill No. 2352 or the Jail Integration Act, was approved on third and final reading, with 19 affirmative,.....»»
CA approves ad interim appointment of Recto
The Commission on Appointments approved yesterday the ad interim appointment of Finance Secretary Ralph Recto, who vowed to plug tax leaks, improve tax administration and prevent wasteful expenditures......»»
Tax revenues jump to P3.4 trillion
The country’s tax revenues rose by five percent to hit P3.38 trillion as the government ramped up its tax administration and digitalization program......»»
‘No tax breaks for eco-zone work-from-home firms’
Work-from-home setups of business enterprises in economic zones should no longer get tax incentives under the Corporate Recovery and Tax Incentives for Enterprises Act as the public health emergency status for COVID-19 has already been lifted, Justice Secretary Jesus Crispin Remulla clarified in a legal opinion......»»
New finance chief eyes carbon tax
Newly installed Finance Secretary Ralph Recto is pursuing the tax reform proposals of his predecessor, starting with the imposition of a carbon tax in a bid to generate additional revenues and address environmental concerns......»»
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.....»»
Excise tax collection declines to P292 billion
Lower consumption of ‘sin’ products as prices of essential goods increased last year resulted in the drop of excise tax collections by the government, further exacerbated by the still rampant illicit trade......»»
PNP approves new policy mandating removal of tattoos among personnel
PNP approves new policy mandating removal of tattoos among personnel.....»»
Monetary Board approves $2.87B in foreign loans for public sector in Q1 2024
Monetary Board approves $2.87B in foreign loans for public sector in Q1 2024.....»»
House approves bill seeking revocation of SMNI’s franchise
House approves bill seeking revocation of SMNI’s franchise.....»»
Peza approves P14.951B investments from January to March
Peza approves P14.951B investments from January to March.....»»