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Nestle, Danone see price hikes slowing after years of sharp increases

LONDON/PARIS (Reuters) -Two of the world’s top consumer goods companies, Danone and Nestle, said on Thursday they will slow price increases in 2024 after two years of hikes that prompted many shoppers to seek cheaper alternatives for basic goods like yoghurt and coffee. But Danone, which owns brands including Evian and Badoit waters and Activia.....»»

Category: sportsSource:  abscbnRelated NewsFeb 23rd, 2024

Nine SKUs post price hike in latest SRP bulletin

Nine stock keeping units have recorded price hikes in the most recent suggested retail price bulletin for basic necessities and prime commodities, according to the Department of Trade and Industry......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

300 San Simon folk get cash assistance

300 San Simon folk get cash assistance.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

BIR eyes P325 billion from excise taxes

The Bureau of Internal Revenue targets to collect higher excise taxes of up to P325 billion this year as the government moves to improve the regulatory environment and address the still rampant illicit trade......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

VP Sara ready to face ICC charges only before a Filipino court

Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Government to address price hikes – NEDA

The government is stepping up efforts to address price increases in basic commodities such as rice following a recent survey indicating that Filipinos are dissatisfied with efforts to manage inflation, according to the National Economic and Development Authority......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Government to limit debt as new taxes hang

With outstanding debt at a record high, the government may have to go slow with its borrowing spree, at least for now, amid its no new taxes stance and the still elevated interest rate environment......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

UFO sightings mostly ‘ordinary objects’ says Pentagon report

WASHINGTON — A Pentagon report on UFO sightings said U.S. government investigations since the end of World War Two have found no evidence of extraterrestrial technology and had concluded that most sightings were misidentified ordinary objects and phenomena. The report released on Friday follows on from a 2022 Pentagon announcement that its then newly formed.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

Saudi Arabia: Migrant Workers Long Overdue Wages at Risk

(Beirut) - Representatives of two construction companies in Saudi Arabia announced recently that migrant workers will get their long overdue unpaid wages, but gaps in the repayment scheme puts the payments at risk, Human Rights Watch said today.Saudi authorities should ensure all former workers of these companies receive the full amount they.....»»

Category: sportsSource:  abscbnRelated NewsMar 3rd, 2024

Saudi Arabia: Migrant Workers Long Overdue Wages at Risk

(Beirut) - Representatives of two construction companies in Saudi Arabia announced recently that migrant workers will get their long overdue unpaid wages, but gaps in the repayment scheme puts the payments at risk, Human Rights Watch said today.Saudi authorities should ensure all former workers of these companies receive the full amount they.....»»

Category: newsSource:  philippinetimesRelated NewsMar 2nd, 2024

Displaced workers receive back wages from Saudi Arabia

Thousands of displaced Filipino construction workers are finally getting their back wages from the government of Saudi Arabia......»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income

Assembling clothespins is among the many jobs women do in the occupied houses in Pandi, Bulacan. The mothers mentioned other low-income jobs like garlic peeling, rug making and notebook sewing. The post Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

‘No new taxes likely until 2028’

The stance of Finance Secretary Ralph Recto against new taxes could extend until the end of the administration as the government will try to focus on improving tax collection efficiency first......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

Government t sees more revenue from e-cigarette taxes

The domestic electronic cigarette and vape industry are expected to contribute in hitting the government’s revenue collection goal, as players are urged to pay the right taxes amid Filipinos’ shift to alternative smoking......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Recto: Government no plans of imposing additional taxes

Recto: Government no plans of imposing additional taxes.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

Manila LGU extends deadline for applications for business permits and licenses, payment of taxes and fees

Manila Mayor Honey Lacuna announced that the city government has extended the deadline for the filing of applications of business permits and licenses as well as the payment of taxes and fees. This, according to Lacuna, is meant to give business owners and the taxpayers of Manila more time to settle their dues. The mayor […].....»»

Category: newsSource:  journalRelated NewsJan 24th, 2024

Mandaue: Avoid fines, pay taxes by Jan. 20

Mandaue: Avoid fines, pay taxes by Jan. 20.....»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Imee hopes Recto won’t push for additional taxes

Sen. Imee Marcos is urging newly appointed Finance Secretary Ralph Recto to strengthen the country’s tax collection system first, instead of talking about “trillions of taxes.”.....»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Recto urged to pursue progressive taxes

Newly appointed Finance Secretary Ralph Recto should backpedal from pursuing consumption-based taxes and instead focus on more progressive ones in order to generate revenues amid the country’s limited fiscal space, economists said......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024