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Seoul passes new law for aspiring K-pop idols
The Seoul Metropolitan Council has approved a new law that serves to better protect individuals in the South Korean capital looking to pursue a career in music, acknowledging the pressure involved in becoming a Korean idol......»»
DOF mulls mining tax tweaks for royalties, windfall profits
The Department of Finance is pushing for higher rates and fewer tiers in taxing the extractive sector, but the mining industry argued that the proposed structure would make the sector more uncompetitive......»»
DOF drops income tax hike for dividend income
The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»
DOF limits tax-exempt status for pickup trucks
The Department of Finance is pushing for only one kind of pickup truck to remain tax-exempt as it insists on the removal of special excise treatment on all other types......»»
British Chamber pushes for Anti-Agricultural Smuggling Act, lauds appointment of Recto as DOF Secretary
BCCP Executive Director/Trustee Chris Nelson reiterates support for the passage of the Anti-Agricultural Smuggling Act, one of the key priority legislation under the Marcos administration......»»
Marcos signs law creating new DPWH engineering office
President Marcos has signed a law creating a new engineering office of the Department of Public Works and Highways in Zamboanga City......»»
Marcos signs into law the New Philippine Passport Act
Marcos signs into law the New Philippine Passport Act.....»»
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......»»
Yogi Ruiz plans to form own political party
CEBU CITY, Philippines- Former Customs Commissioner Yogi Ruiz plans to create a new local political party in Cebu, aiming to join the mayoral race in the 2025 midterm election. Ruiz stated that the political party, dubbed “Partido Cebuano,” would be established once all documentary requirements are fulfilled and submitted to the Commission on Elections (COMELEC)......»»
DOF: GFIs can seek extended relief after Maharlika infusion
Government financial institutions Land Bank of the Philippines and Development Bank of the Philippines will likely seek an extension of its regulatory relief following contributions to the country’s sovereign wealth fund......»»
Rep. Ralph Recto itinalagang bagong finance secretary
MAY napili na si Pangulong Bongbong Marcos na bagong uupong hepe para sa Department of Finance (DOF). Kinumpirma ng Malacañang na ang itinalagang bagong finance secretary ay ang Deputy Speaker at Batangas Representative na si Ralph Recto. Ayon kay Presidential Communications Office Secretary Cheloy Garafil, nakatakdang manumpa sa pwesto si Rep. Ralph ngayong January 12......»»
Torion to spearhead Yogi’s ‘Sports for All’ basketball program
CEBU CITY, Philippines — Former PBA star Jimwell Torion will oversee the basketball program of the soon-to-be-launched “Sports for All” advocacy of former Customs Commissioner Yogi Filemon Ruiz. Ruiz has officially announced that he will be launching a comprehensive and city-wide sports program in March as part of his “Sports for All” advocacy. This was.....»»
Villamor, Flores to oversee Yogi Ruiz’s boxing grassroots program
CEBU CITY, Philippines — Two of Cebu’s best boxing trainers in, Edmund Villamor and Brix Flores will work together in the “Sports for All” advocacy of former customs commissioner Yogi Filemon Ruiz next month. To recall, Ruiz recently hired former PBA cager Jimwell Torion to spearhead his basketball grassroots program for the youth as part.....»»
LPGT golf tilt tipped for fiery start
The new Ladies Philippine Golf Tour season unfolds Tuesday, March 12, here with a scramble of a start and a wild finish seen in the P1-million ICTSI Apo Golf Classic......»»
Wildlife forensics: how science is helping to combat a billion-dollar organized crime industry
Another day at the airport, another routine inspection for a Customs Officer.She finishes examining the contents of one shipment - nothing of note. But then, she spies a crate labeled 'exotic reptiles.'Suspicious, she opens the shipment and begins to search among the crates. And there, tucked away in a corner, is a collection of turtle shells and other wildlife products.She pauses. Have these shell.....»»
Correction over collection
Secretary Ralph Recto has reportedly “ordered” the Bureau of Internal Revenue and the Bureau of Customs to work together in order to achieve the revenue collection target of P4 trillion-plus for 2024......»»
Getting Over a Creative Block
Sometimes, you may find it difficult to start anything. As a writer, graphic designer, or any creative, staring at a blank page and not knowing where to start can be frustrating. Well, you, my friend, are experiencing a creative block. A creative block is a phenomenon in which people struggle to come up with new […].....»»
Ramadan to start March 12 as Muslims report no sighting of new moon
Viewing the moon to determine the start of Ramadan is ‘part of the tradition of the Prophet Muhammad,’ says Islamic Studies professor Alzad Sattar at a moonsighting event in Manila.....»»
Korda nails 3rd straight Tour start; Saso ties for 13th
Playoff winner twice over to start her season, Nelly Korda looked poised for another sudden death finish but a solid backside 32 and a brilliant 65 — coupled with her rivals’ faltering finishes — paved the way for a two-stroke win over rookie Hira Naveed in the Ford Championship......»»
Marcos orders crackdown on tobacco, vape smuggling
President Marcos has directed the customs and internal revenue bureaus to enhance their efforts against the smuggling of tobacco and vape products, during a meeting that tackled measures aimed at protecting the Philippines’ tobacco industry......»»