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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......»»
Businessmen, more legal experts weigh in on Cha-cha
Foreign business leaders yesterday weighed in on proposals to amend the economic provisions of the 1987 Constitution while legal luminaries said they see no need to change the Charter......»»
Business luminaries to weigh in on Cha-cha
It will be the turn of business and corporate executives to share their thoughts on moves in Congress to amend the 1987 Constitution, at the next Senate subcommittee public hearing on the proposal on Monday......»»
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......»»
Kumbati 16: All set for Araneta, Magramo world title eliminator duel
CEBU CITY, Philippines—– Expect nothing but fireworks and a top-notch main event bout of the “Kumbati 16” after Omega Boxing Gym’s Christian “The Bomb” Araneta and Elorde Boxing Gym’s Arvin “Hurricane” Magramo passed the official weigh-in on Thursday, January 25, 2024, at the Axis Bar of the NUSTAR Resort and Casino. Magramo and Araneta both.....»»
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......»»
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......»»
House panel slams DOTr over lack of strategy for PUVMP
The House of Representatives committee on transportation has assailed the Department of Transportation for its failure to resolve various issues surrounding the implementation of the government’s Public Utility Vehicle Modernization Program......»»
Marvin hell-bent on punching way to Paris Olympics
Not to take part, but to take over......»»
A glance at government s windfall from SMC’s NAIA takeover
The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»
DOTr: 2.2 million more plastic cards to be delivered
Transportation Secretary Jaime Bautista inspected yesterday the one million delivered plastic cards to be used for the printing of driver’s licenses, at the Land Transportation Office central office in Quezon City......»»
DOTr needs P12.5 billion to build 200 ports
The Department of Transportation said it needs at least P12.5 billion to build 200 more ports under the Marcos administration, underscoring the need to improve connectivity in remote islands......»»
DOTr: Speedy ROW resolution key to NSCR timetable
The speedy resolution of rights-of-way concerns and the resettlement of informal settlers living along the planned route of the North South Commuter Railway are crucial components for the on-time completion of the vital transportation infrastructure, the Department of Transportation said......»»
DOTr: NSCR to make rail transport ‘more efficient’
The government has to make the existing train systems “more efficient” with the North-South Commuter Railway project expected to go into full swing, according to a Department of Transportation official......»»
Subway project 55% cleared for ROW – DOTr
The Department of Transportation is facing challenges in acquiring the right of way for the subway, delaying the award for the remaining contract packages of the project......»»
Businessmen pushing for holistic traffic management plan
Businesses is urging the Department of Transportation (DOTr) to implement a holistic traffic management plan to provide soonest relief to commuters and motorists......»»
Cebu City eyes ‘Singapore-like’ railway system to improve transport
CEBU CITY, Philippines – A Singapore-like railway system is being eyed by the Cebu City government in a bid to improve the transport system in the city. This was after Cebu City Councilor Rey Gealon, chairman of the Traffic Management Committee (TMC), penned a resolution urging the Department of Transportation (DOTr) to conduct a study.....»»
Metro Manila Subway project now 40% complete, says DOTr
The Philippines' first-ever underground mass transport system is almost halfway through completion after it recorded an overall project implementation progress rate at 40% as of January 2024......»»
DOTr collects P19 milion fines from illegal PUVs
The Department of Transportation has collected P19 million in fines during its nationwide crackdown on illegal or colorum public utility vehicles from Feb. 1 to 2.....»»
DPWH, DOTr vow to enhance collaboration on infrastructure projects
The Marcos administration is ramping up key infrastructure projects via enhanced collaboration between the Department of Public Works and Highways and the Department of Transportation......»»