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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

Woman who demanded money in return for release of BIR docs apprehended

Woman who demanded money in return for release of BIR docs apprehended.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions

Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions.....»»

Category: newsSource:  sunstarRelated NewsFeb 10th, 2024

26 BIR officials suspended

Bureau of Internal Revenue commissioner Romeo Lumagui Jr. has ordered the suspension of 26 BIR employees charged with misconduct and various other offenses......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Cops seize 45 boxes of imported cigarettes in Sulu

Policemen on Sunday confiscated 45 large boxes of cigarettes from Indonesia ready for delivery to local buyers. These were found in a barangay in the seaside Indanan town in Sulu......»»

Category: newsSource:  philstarRelated NewsApr 2nd, 2024

2 arrested, P9.7-M smuggled cigarettes seized

2 arrested, P9.7-M smuggled cigarettes seized.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

P1.4-M smuggled cigarettes seized

P1.4-M smuggled cigarettes seized.....»»

Category: newsSource:  sunstarRelated NewsFeb 11th, 2024

7 missing as pirates take over boat carrying smuggled cigarettes

Seven of 11 seafarers who were supposed to deliver smuggled cigarettes are missing since Monday after pirates divested them of their merchandise and forced them to jump out of their watercraft in an attack in the western seas of Maguindanao del Norte province......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

PCG seizes 2 motorboats for illegal fishing

PCG seizes 2 motorboats for illegal fishing.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

PDEA scores anew; arrests 2, seizes P3.4-M illegal drugs

PDEA scores anew; arrests 2, seizes P3.4-M illegal drugs.....»»

Category: sportsSource:  abscbnRelated NewsJan 21st, 2024

PHOTO ESSAY: Waterworld in Carmen

CARMEN, Davao del Norte (MindaNews / 02 February) – Travel from Davao City to Tagum City and other parts of the Davao region, Agusan-Surigao and Manila was cut off  Friday due to flooding  in Barangay Tuganay. Tuganay connects Davao City with Tagum in Davao del Norte, from where one can proceed to Davao Oriental, Davao de […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

Davao gets investment pledges worth P3B

DAVAO CITY (MindaNews / 06 March) – The Davao City Investment Promotions Center (DCIPC) has recorded investment pledges worth P3 billion from different potential investors for this year, an official said. Christian D. Cambaya, head of DCIPC’s Investor Assistance & Servicing Unit, said during “Wednesdays Media Forum at Habi at Kape” that Davao is off […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

Mati City, 10 municipalities in Davao Oriental suspend classes, work

Following the impact of a Low-Pressure Area (LPA) affecting Northern and Southern Mindanao, local government units (LGUs) in Davao Oriental have collectively suspended classes and government and private offices. The City of Mati and 10 municipalities, including Baganga, Governor Generoso, Cateel, and others, have issued Executive Orders in line with Presidential Executive Order No. 66, series of 2012. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) has forecasted moderate to heavy rains in Davao Oriental due to the Northeast Monsoon (Amihan) and LPA, posing a risk of landslides and flash floods. The Provincial Local Government Unit of Davao Oriental and Municipal Disaster Risk Reduction Management Councils have reported landslides in Lupon and Cateel, with ongoing clearing operations. The Bureau of Fire Protection and other government agencies have rescued families affected by flash floods in Cateel and Caraga. Franz Irag from the Office of Civil Defense-Davao Region confirmed that around 200 individuals or close to 500 families in Davao Region have been displaced and are now in evacuation centers. Additionally, five LGUs in the province of Davao de Oro have also declared the suspension of classes and work in both public and private offices......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

P3-M damage reported in school building fire

The Davao City Police Office (DCPO) reported a devastating fire at F. Bustamante National High School in Tibungco, Davao City, on January 14, causing an estimated P3 million in damages. The fire affected 14 rooms, with nine being totally damaged and one partially damaged. The Bureau of Fire Protection-Davao (BFP-Davao) struggled to contain the blaze, which lasted for two hours. Fortunately, there were no reported casualties or houses affected despite the school's proximity to a residential area. Investigations into the cause of the fire are ongoing. This incident adds to a series of school fires in the region, with three state-owned schools destroyed in 2023. The BFP-Davao and Team Davao Rescue have responded to over 15 fire incidents in the first and second weeks of January 2024, indicating a significant increase compared to the same period in 2023......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Travel agencies group warns about cheap, illegal operators

The Davao Travel Agencies Association (DTAA) has issued a warning about unregistered and illegal travel and tour operators in their area. These operators have been found to be offering travel and tour services without proper licensing, leading to issues such as lack of refunds, scheduling problems, and other travel arrangement discrepancies. Pia Partoza Montano, a travel agency owner and Vice-President for the Travel and Tours Sector of DTAA, emphasized the prevalence of these unauthorized operators, particularly in inbound tourism, and the challenges in monitoring and regulating them due to their large numbers. Montano also highlighted the potential risks associated with using these unregistered agencies, as they may offer cheaper rates but could lead to problems in case of incidents. To address this issue, the Department of Tourism-Davao (DOT-Davao) has introduced a QR code system to help the public verify the legitimacy of travel agencies by accessing data on authorized and registered operators. The DOT-Davao encourages travelers to transact with accredited enterprises to ensure the quality and reliability of their travel arrangements. Currently, there are at least 109 registered travel and tour agencies in Davao City under DOT-Davao's accreditation. The DOT-Davao also provides information on the requirements for registration and renewal for travel agencies on their official website. This warning serves as a reminder for the public to be cautious and discerning when engaging with travel and tour operators to avoid falling victim to unauthorized and illegitimate services......»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

Over 600-K affected by shear line in Davao

Over 600,000 people in Davao Region were affected by a shear line, causing unprecedented damage and extensive flooding and landslides. The regional director of the Office of Civil Defense-Davao Region emphasized the need to address these issues and called for collaboration to prevent future disasters. The agriculture sector suffered over P50 million in damages, while infrastructure incurred around P25 million in damages. The report also highlighted the impact on road sections, bridges, and houses, with significant assistance provided by OCD-Davao. Plans are underway for a region-wide flooding dialogue and realignment of projects with disaster prevention efforts in collaboration with the Department of Public Works and Highways. Related stories include urging proactive measures in establishing disaster services at barangays and the expedited release of aid for Davao disaster victims......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

2.4M Dabawenyos working as of Oct 2023

The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Classes suspended in Davao City, three Davao provinces amid heavy rain

Classes in all levels are suspended in Davao City, Davao del Norte, Davao de Oro, and Davao Oriental today, January 16, following heavy rains and bad weather conditions brought by the shear line weather......»»

Category: newsSource:  davaotodayRelated NewsJan 16th, 2024

NBI-Davao seizes illegal ‘butane’

THE National Bureau of Investigation - Southern Mindanao Regional Office (NBI-Semro) seized around 900 illegally refilled LPG canisters commonly known in the market as “butane” during a buy-bust operation at the Bankerohan Public Market in Davao City on Monday morning, February 19, 2024......»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

Council to appeal March 1 as special non-working holiday in Davao City

The Davao City Council is seeking to appeal to the national government to declare March 1 as a non-working holiday in honor of Araw ng Davao, the city's founding anniversary. Councilor Al Ryan Alejandre emphasized the importance of this appeal for the people of Davao, expressing hope that the president will grant their request. This initiative comes as a response to a new bill that designates March 1 as the new founding anniversary, shifting the traditional celebration date from March 16. Despite the bill and law designating March 1 as a working holiday, the council aims to annually request Malacañang to recognize it as a non-working holiday. The appeal is intended to ensure that Dabawenyos can actively participate in the festivities. Additionally, the executive committee of Araw ng Davao is in the final stages of organizing events and activities for the celebration. Discussions have been ongoing, with plans anticipated to be finalized soon. This move reflects the council's commitment to honoring and celebrating the city's heritage and traditions......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024