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New electronics engineers, technicians take oath
New electronics engineers, technicians take oath.....»»
‘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......»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
Tax Notes: Online sellers subject to 1% expanded withholding tax
Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»
Cebuanos told: Brace for extreme caution heat index in next days
Cebuanos told: Brace for extreme caution heat index in next days.....»»
Cebu brace for hottest month, heat index to become dangerous
Cebu brace for hottest month, heat index to become dangerous.....»»
‘Higher NAIA passenger fees loom upon private takeover’
Filipinos should brace for higher passenger service charges of as much as 95 percent at the Ninoy Aquino International Airport when its management goes to the hands of a private group......»»
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......»»
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......»»
F& B firms post strong earnings in January-March
Food and beverage firms led by Ramon Ang and the Po family recorded strong first quarter results on the back of higher sales for the period......»»
State firms get higher subsidies
The government ramped up its budgetary support to state-run firms by 35 percent to almost P13 billion in February, with the bulk of the subsidies intended to fund irrigation projects......»»
Increasing demand for electric vehicles
The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»
‘Climate change inaction cost to reach P1.4 trillion by 2030’
The cost of inaction against climate change could reach P1.4 trillion by 2030, or about eight percent of the 2020 gross domestic product, the Department of Environment and Natural Resources said yesterd.....»»
‘Problematic power generation doubled electricity cost’
From P6 to P7 per kilowatt-hour, the cost of electricity has doubled to P11 per kwh due to problematic power generation, according to Sen. Sherwin Gatchalian......»»
Ong: Electricity cost
Ong: Electricity cost.....»»
Japanese offer tech to cut cost of road repairs
Japan-backed tech innovators are bringing into the Philippines a new service that lowers the cost of fixing road damage by analyzing and recording them through a satellite......»»
Cebu Pacific wins accolades as among best low-cost, Safe Airlines
Cebu Pacific wins accolades as among best low-cost, Safe Airlines.....»»
Cebu Pacific named among safest budget carriers globally
Low-cost carrier Cebu Pacific has landed as one of the safest low-cost airlines in the world, beating nearly 400 global operators in terms of compliance with international standards, according to AirlineRatings.com......»»
Hello Apple Home Robots – The Daily Guardia
Apple, the tech giant known for its groundbreaking innovations in consumer electronics, is now reportedly delving into the world of household robotics. The company is.....»»