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Tax Notes: BIR clarifies tax treatment of interest on borrowings

Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Tax Notes: Online sellers subject to 1% expanded withholding tax

Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

China urges Philippines to stop provocations in South China Sea

BEIJING, April 1 (Xinhua) -- China urges the Philippines to immediately stop violating China's sovereignty and its provocations on Ren'ai Jiao, and return to observing the spirit of the Declaration on the Conduct of Parties in the South China Sea (DOC), Chinese foreign ministry spokesperson Wang Wenbin said on Monday. Wang made the remarks when asked to comment on a statement made by the Philippine department of.....»»

Category: sportsSource:  abscbnRelated NewsApr 2nd, 2024

China urges Philippines to stop maritime infringement, provocation

BEIJING, March 5 (Xinhua) -- China lodged serious representations to the Philippine side on its intruding vessels into the adjacent waters of Ren'ai Jiao, and once again urges the Philippines to stop maritime infringement and provocation, foreign ministry spokesperson Mao Ning said on Tuesday. Mao made the remarks at a regular news briefing when asked to comment on the collision between Chinese and Philippine bo.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

Learn effective utilization of government funds

Inefficient utilization of funds has been a continuous problem in the public sector, causing delays or non-implementation of government programs, projects, and activities, among others. Such issues defeat the purpose of budgeted and allocated funds that should benefit the general public......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

‘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......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

Horohoro Road (State Highway 30) blocked by serious crash

Emergency services are responding to a serious crash on Horohoro Road (State Highway 30).The crash, involving two cars, was reported to Police at 6.50am.Two people are reported to have serious injuries.The road between Nicholson Road and Whirinaki Valley Road is currently blocked by the crash and motorists are asked to avoid the area.  ENDSIssued by Police Media Centre......»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

Serious Crash, Tomoana Road, Hastings

Police are responding to a serious crash involving a vehicle on Tomoana Road, Hastings, reported around 12:20pm.One person has been transported to hospital in a serious condition.The Serious Crash Unit has been advised.The road is closed at the intersections of Tomoana Road/Williams Street and Tomoana Road/Nelson Street, diversions are in place.Motorists are advised to follow the diversions......»»

Category: newsSource:  philippinetimesRelated NewsJan 23rd, 2024

Road reopens - Salisbury Road, Richmond

Salisbury Road in Richmond has reopened, after a fallen tree blocking the road was removed.Police thanks motorists for their patience while work was under way to clear the road.ENDS  Issued by Police Media Centre.  Source: NZ Police.....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024

Envi group urges Senate to probe Samal-Davao bridge project

DAVAO CITY (MindaNews / 15 January) – The Sustainable Davao Movement has called on the Senate to investigate the implementation of the Samal Island-Davao City Connector (SIDC) project due to the ties of the government’s winning contractor, China Road and Bridge Corporation (CRBC), to the China Communications Construction Company Limited (CCCC), which the United States government blacklisted in […].....»»

Category: newsSource:  mindanewsRelated NewsJan 15th, 2024

DigiPlus hopes to grow user base by 25% to 50% in FY24

DigiPlus President Andy Tsui guided that PLUS hopes to capture 50% of the P60 billion in gross gaming revenue growth that PAGCOR expects for FY24, and that it is looking to increase its active user base by 25% to 50% to achieve this goal......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

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......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

53% drop in Davao City’s road accidents: DCPO-TEU

The Davao City Police Office-Traffic Enforcement Unit (DCPO-TEU) has reported a significant 53% decrease in road accidents during the first 16 days of 2024 compared to the same period in 2023. Deputy Chief Pcpt. Raymundo B. Bacera Jr. revealed these statistics during the ISpeak media forum, citing 213 recorded incidents in 2023, compared to only 102 in 2024. He noted a reduction in the number of vehicles involved, from 120 to 51. Human error was identified as the primary cause of accidents, accounting for 97% of cases, while vehicle defects and road defects contributed to 2% and 1% of incidents, respectively. Private vehicles were involved in 40% of the accidents, with common human errors including texting/calling while driving, overtaking, and speeding. The peak hours for accidents were identified as between 2 pm to 4 pm. Despite the implementation of the New Speed Limit Ordinance, which came into effect on January 11, 2024, Dionisio Abude, head of the City Transport and Traffic Management Office (CTTMO), emphasized that the ordinance cannot guarantee the absence of road incidents, highlighting the critical role of driver behavior and driving habits. Since the ordinance's enforcement, CTTMO and DCPO-TEU have issued citations to 730 violators, with private vehicles constituting 49% of the total, followed by motorcycles, taxis, trucks, public utility jeepneys, buses, and public utility vans......»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

Mariel Padilla’s ‘gluta drip’ session at Senate draws flak

Actress Mariel Padilla’s ‘glut drip’ session in the Senate last week drew flak on social media, censure from the chair of the Senate’s disciplinary body and an advisory from the Department of Health (DOH) warning against the use of glutathione as a skin whitener. The since-deleted post of Sen. Robinhood Padilla’s wife showing her glutathione therapy—as this.....»»

Category: newsSource:  inquirerRelated NewsFeb 25th, 2024

Women journos call for release of detained broadcaster Frenchie Mae Cumpio

On International Women’s Day, journalists have called for the release of detained community journalist Frenchie Mae Cumpio. The post Women journos call for release of detained broadcaster Frenchie Mae Cumpio appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 10th, 2024

House expedites release of P35M aid for Davao disaster victims

The House of Representatives, in collaboration with President Ferdinand R. Marcos Jr., is expediting the release of P35 million in financial aid and 17,500 food packs to assist the seven congressional districts affected by recent flooding and landslides in the Davao Region. Speaker Ferdinand Martin G. Romualdez emphasized the urgency of their efforts, aiming to provide substantial assistance to the nearly 45,000 affected families and over 187,000 individuals in the region. Coordination with the Department of Social Welfare and Development is underway to swiftly release PHP5 million to each district through the Assistance to Individuals in Crisis Situations program. The financial aid will support various relief efforts, including infrastructure reconstruction and medical assistance. Tingog Party-list representatives also expressed their commitment to ensuring the assistance reaches those most in need......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

Road-clearing ops to ensure emergency road accessibility

THE City Government of Davao carried out a road-clearing operation on February 16, 2023, at Barangay 31-D to ensure emergency road accessibility......»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Serious crash near Helensville closes busy road

Police are responding to a serious crash in South Head, Auckland.The crash between two vehicles near the intersection of Evans Road and South Head Road was reported at about 9.51am.Three people were injured in the crash and transported to hospital, one in a serious condition, two others in a moderate condition.The crash has closed South Head Road in both directions.Traffic management is in p.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024