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Israel plans to build 3,300 new settlement homes; says it s a response to a Palestinian attack
Israel plans to build 3,300 new settlement homes; says it s a response to a Palestinian attack.....»»
Washington state reaches a nearly $150 million settlement with Johnson & Johnson over opioid crisis
Washington state reaches a nearly $150 million settlement with Johnson & Johnson over opioid crisis.....»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
Second graft case filed vs Magalong
Baguio Mayor Benjamin Magalong is facing another graft case before the Office of the Ombudsman in connection with the allegedly anomalous improvement and rehabilitation of a P50-million multipurpose building in Barangay Irisan......»»
Sandigan junks Bistek’s plea to dismiss graft rap
The Sandiganbayan has dismissed the bid of former Quezon City mayor Herbert Bautista and former administrator Aldrin Cuña to dismiss the graft case filed against them in connection with the allegedly anomalous P32-million online occupational permitting and tracking system project in 2019......»»
Sandigan acquits Elenita Binay of graft
After 11 years of legal battle, former Makati mayor Elenita Binay was acquitted yesterday of graft and malversation over the allegedly anomalous procurement of P9.9 million worth of medical equipment for the Ospital ng Makati......»»
Trump historic trial: Takeaways from 1st day of hush-money court case
Donald Trump entered the history books on Monday, becoming the first former US president to stand trial on criminal charges. Here are key takeaways from the opening day of “The People of the State of New York vs Donald J. Trump,” in which he faces charges of falsifying business records to conceal “hush money” payments.....»»
Tax credit scam: 5 ex-DOF execs get 8 years
The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»
House panel OKs tax-free hazard pay to judges, prosecutors
A House panel has approved a substitute bill that seeks to grant tax-free hazard pay to prosecutors and judges of regional, metropolitan, and municipal trial courts......»»
Hayco: PSC-PRISAA grassroots program earns SCUAA support in Mindanao
CEBU CITY, Philippines — The Philippine Sports Commission (PSC), headed by Commissioner Edward Hayco, was welcomed with a resounding support in a recent joint orientation activity held in Cagayan de Oro City. Hayco, along with PSC consultant and grassroots coordinator Elbert “Bong Atilano, conducted a joint orientation activity at the Pilgrim Christian College in Cagayan.....»»
Killer landslide: 7 confirmed dead, 1 critically injured, 5 missing in Monkayo
A devastating landslide in Monkayo, Davao de Oro, claimed the lives of seven individuals, left one critically injured, and five others missing. The tragedy occurred during a prayer meeting in Purok 20, Pag-asa, Barangay Mt. Diwata. Jergrace Cabag, an official from the Local Government Unit (LGU)-Monkayo, confirmed the casualties and ongoing search efforts. The injured person was rushed to Davao de Oro Provincial Hospital, while the deceased were taken to the funeral parlor. Due to the ongoing landslide and heavy rain, search and rescue operations were temporarily halted, with plans to resume when conditions permit. The Municipality of Monkayo issued a forced evacuation order due to the threat of further landslides and flooding. Mayor Manuel E. Zamora emphasized the importance of heeding government warnings to prevent future incidents......»»
Antique mayor sinapak vice mayor dahil sa ayuda
INAMIN ni Antique Gov. Rhodora Cadiao na sinuntok ng isa nilang alkalde ang vice mayor nito dahil sa pamamahagi ng ayuda sa kanilang mga nasasakupan. The post Antique mayor sinapak vice mayor dahil sa ayuda first appeared on Abante......»»
Dismissed BFAR chief, others to face graft raps
The Office of the Ombudsman has ordered graft charges filed against former Department of Agriculture (DA) officials over the alleged irregularities in the awarding of a P2.097-billion contract to British company SRT Marine Systems Solutions Ltd. – United Kingdom (SRT-UK) in 2018......»»
Makati files graft raps vs 3 Taguig employees
The local government of Makati yesterday filed graft cases against three Taguig City Hall employees before the Office of the Ombudsm.....»»
Cebu lampposts case: SC clears DPWH execs, contractor of graft
The Supreme Court acquitted three former officials of the Department of Public Works and Highways (DPWH) and a private contractor of graft charges in relation to the installation of allegedly overpriced lampposts during the 2007 Association of Southeast Asian Nations (Asean) summit held in Cebu. In a 22-page decision promulgated on Oct. 11, 2023, but made public only.....»»
Ever Bilena faces P9.3 million tax rap
The Bureau of Internal Revenue has filed a criminal complaint against popular cosmetic brand Ever Bilena for nearly P10 million in alleged tax deficiencies......»»
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......»»
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......»»