Advertisements


NAIA Consortium shortens period, lowers cost for airport rehab proposal

MANILA, Philippines – A consortium made up of 7 of the country's top conglomerates revised its proposal to rehabilitate the dilapidated Ninoy Aquino International Airport (NAIA) , bringing down the concession period to 15 years and the project cost to about P105 billion. The  NAIA Consortium  originally proposed to rehabilitate, develop, operate, ........»»

Source: Rappler RapplerCategory: News15 hr. 40 min. ago Related News

Dengvaxia fund okayed

THE House committee on appropriations yesterday approved the P1.16 billion supplemental budget to be used for the medical needs of children administered with the Dengvaxia vaccine. At the continuation of the public hearing on the Dengvaxia issue, the Department of Health (DoH) submitted a revised proposal with a higher allocation….....»»

Source: Journal JournalCategory: News17 hr. 14 min. ago Related News

Neda chief amenable to delay in SSS pension increase

The country's chief economist is amenable to the proposal of the Social Security System (SSS) to postpone the implementation of the second tranche of the pension increase, initially scheduled.....»»

Source: Philippinetimes PhilippinetimesCategory: News19 hr. 14 min. ago Related News

NAIA Consortium revises airport rehabilitation bid

The NAIA Consortium has submitted a revised proposal to rehabilitate the Ninoy Aquino International Airport, with a shorter concession period of 15 years and lower project cost of P106 billion......»»

Source: Philstar PhilstarCategory: Finance21 hr. 1 min. ago Related News

Consortium cuts period, cost for proposed NAIA rehab

THE CONSORTIUM formed by some of the country’s conglomerates has submitted a revised proposal to rehabilitate the Ninoy Aquino International Airport (NAIA), cutting the project duration from 35 years to 15 years. Transportation Undersecretary for Aviation Manuel Antonio L. Tamayo told reporters in Bonifacio Global City, Taguig City on Monday that his department told the […] The post Consortium cuts period, cost for proposed NAIA rehab appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: News21 hr. 40 min. ago Related News

Tax perks reform may still change — DoF exec

THE DEPARTMENT of Finance (DoF) said it is open to changes in its corporate tax reform proposal, but maintained that the overall objective of streamlining incentives should not be compromised. “We have to, for sure, rationalize the incentives. Details are something we can discuss if there’s a better suggestion. How long, what rate, what industry. […] The post Tax perks reform may still change — DoF exec appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: News21 hr. 40 min. ago Related News

Duterte to wait for proposal on Negros federated region

LA CASTELLANA, Negros Occ. – President Rodrigo Duterte will wait for the final draft of the Constitutional Consultative Committee’s (ConCom) report before making any comments on the proposed Negrosanon Federated Region (NFR), Vice Governor Eugenio Jose Lacson said on May 21, 2018. Lacson said this was the topic discussed by President in a private dinner […] The post Duterte to wait for proposal on Negros federated region appeared first on The Daily Guardian......»»

Source: Thedailyguardian ThedailyguardianCategory: NewsMay 22nd, 2018Related News

DoJ’s Guevarra backs JBC overhaul

Justice Secretary Menardo I. Guevarra on Tuesday, May 22, expressed his support for the consultive committee on charter change’s (Concom) proposal to reorganize the Judicial and Bar Council (JBC), describing to reporters the reforms as “a good idea.” As the head of the Department of Justice (DoJ), Guevarra is an ex-officio member of the constitutional body […] The post DoJ’s Guevarra backs JBC overhaul appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: NewsMay 22nd, 2018Related News

AirAsia PH chief bucks tax proposal

The government should reconsider plans to limit corporate incentives and cap airline fares as these would unduly affect the aviation industry, the president and CEO of Philippines AirAsia, Inc. said. “’Wag na lang nila ituloy yung pinaplano nilang (They shouldn’t push through with plans for) Train (Tax Reform for Acceleration and Inclusion) 2, which will [...] The post AirAsia PH chief bucks tax proposal appeared first on The Manila Times Online......»»

Source: Manilatimes ManilatimesCategory: May 21st, 2018Related News

Former DoF officials support second package of tax reform

FORMER officials of the Department of Finance (DoF) have expressed their support for the second tax reform package ahead of public hearings set to start this week. Former Secretaries and Undersecretaries of the DoF issued a statement on Friday that the government should “urgently pursue” the proposal to cut corporate income tax rates and modernize […] The post Former DoF officials support second package of tax reform appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: NewsMay 20th, 2018Related News

NLEX trades Al-Hussaini for Blackwater’s Marcelo

Just two days after expressing his desire to make roster changes, NLEX coach Yeng Guiao made his move. In a post on Twitter, the Road Warriors said they are looking to acquire the services of big man Dave Marcelo from Blackwater in exchange for center Rabeh Al-Hussaini. "A trade proposal has been submitted to the @pbaconnect for approval involving Rabeh Al-Hussaini for @BWEliteForce's Dave Marcelo," the team announced on Friday. Marcelo is a two-way player who can protect the paint and score from inside all the way to the perimeter as well. Guiao said the 29-year-old Marcelo, a four-time NCAA champion as a vital part of the San Beda dynasty, has the potential to be one of NLEX's "n...Keep on reading: NLEX trades Al-Hussaini for Blackwater’s Marcelo.....»»

Source: Inquirer InquirerCategory: May 18th, 2018Related News

PBA: NLEX trades Al-Hussaini to Blackwater

Change is coming to NLEX anew. A proposed trade featuring the Road Warriors and Blackwater is practically done as both struggling teams in the 2018 PBA Commissioner's Cup have agreed to swap back up big men. In a trade proposed Friday, NLEX will acquire Dave Marcelo from Blackwater. In exchange, the Elite will receive Rabeh Al-Hussaini from the Road Warriors. ANNOUNCEMENT: A trade proposal has been submitted to the @pbaconnect for approval involving Rabeh Al-Hussaini for @BWEliteForce's Dave Marcelo. — NLEX Road Warriors (@ArangkadaNLEX) May 18, 2018 "Rabeh's potential is great, but outs might not be the right system to maximize that potential," NLEX coach Yeng Guiao said in a team statement. "So this is a win-win situation. He can be better utilized in their team, while Dave Marcelo can be part of our future mainstays," he added. NLEX and Blackwater have not been performing well in the mid-season joust at all. The Road Warriors are currently 1-4 while the Elite have it worse as they're still winless in six games.     --- Follow this writer on Twitter, @paullintag8.....»»

Source: Abscbn AbscbnCategory: SportsMay 18th, 2018Related News

Rice tariff to raise P28 billion additional revenues

A proposal to impose a 35-percent tariff on imported rice may generate up to P28 billion in additional revenue for the government, based on a report from the National Economic and Development Authority......»»

Source: Philstar PhilstarCategory: FinanceMay 18th, 2018Related News

Congress mulling proposal to have much bigger Highway Patrol Group

CATANDUANES Lone District Representative Cesar V. Sarmiento has mulled a proposal for the enactment of a law that will separate the Highway Patrol Group from the Philippine National Police just like the law that separated the Philippine Coast Guard from the Philippine Navy. Speaking during the 63rd founding anniversary of….....»»

Source: Journal JournalCategory: NewsMay 17th, 2018Related News

Proposal to build Manila cruise port submitted to Malacanang

The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) has submitted to Malacanang a proposal to construct a P308-million Manila cruise port in Paranaque City. In a statement on Tuesday, May 15, it said it had submitted on May 9 a proposal from Sureste Properties Inc. to build a Solaire Cruise Center. It said Bloomberry Resorts […] The post Proposal to build Manila cruise port submitted to Malacanang appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: NewsMay 15th, 2018Related News

Joint House panels OK committee report for Duterte-backed BBL proposal

Three joint committees of the House of Representatives on Tuesday approved the committee report on the bill on the proposed Bangsamoro Basic Law (BBL) that President Rodrigo Duterte wants to implement for a lasting peace in Mindanao. Source link link: Joint House panels OK committee report for Duterte-backed BBL proposal.....»»

Source: Manilainformer ManilainformerCategory: May 15th, 2018Related News

Seattle backs tax on companies like Amazon, Starbucks to help homeless

SEATTLE --- Seattle leaders unanimously approved on Monday a tax on large businesses such as Amazon and Starbucks to fund the fight against homelessness after weeks of heated debate and raucous hearings.   The City Council backed a compromise plan that will charge large businesses about $275 per full-time worker each year, lower than the $500 per worker initially proposed. It would raise about $48 million a year to pay for affordable housing and homeless services.   Council members who sponsored the initial proposal said the amount wasn't enough to address urgent housing needs but conceded they couldn't get the six votes to override a potential veto by the mayor. ...Keep on reading: Seattle backs tax on companies like Amazon, Starbucks to help homeless.....»»

Source: Inquirer InquirerCategory: May 15th, 2018Related News

Finance still backing tobacco tax increase

The Finance department has reiterated its support for Sen. Manny Pacquiao’s proposal to raise tobacco excise taxes amid concerns that a just-implemented tax reform law that covered so-called “sin” products were behind rising inflation. “He has a measure in there which conforms to ours. We will support his measure,’ Finance Secretary Carlos Dominguez 3rd told [...] The post Finance still backing tobacco tax increase appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsMay 15th, 2018Related News

Duterte against reclamation projects, says Neda head

The proposal to build a $9.3-billion airport in Sangley Point, Cavite, may find it hard to secure government approvals as President Duterte supposedly does not encourage reclamation projects. Socio.....»»

Source: Manilanews ManilanewsCategory: NewsMay 14th, 2018Related News

Federalism campaign going to provinces dispel public fears — DILG

After a recent survey revealed that majority of Filipinos do not support the proposal to shift into a federal type of government, the Department of the Interior and Local Government (DILG) will launch a nationwide campaign to allay the fears of the public on charter change. DILG Assistant Secretary Jonathan Malaya called the interpretation of the results of the Pulse Asia survey released last week "wrong," insisting that majority of the respondents of the survey were actually for federalism. According to the survey conducted from March 23 to 28 this year, 66 percent of Filipinos opposed replacing the present unitary system of government with a federal one. Out of the 66 percent,...Keep on reading: Federalism campaign going to provinces dispel public fears — DILG.....»»

Source: Inquirer InquirerCategory: May 11th, 2018Related News