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Government agrees to restore interest deductions

Associate Finance Minister David Seymour has today announced that the Government has agreed to restore deductibility for mortgage interest on residential investment properties."Help is on the way for landlords and renters alike. The Government's restoration of interest deductibility will ease pressure on rents and simplify the tax code," says Assoc.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

4 Makati employees sue Taguig city government

Four employees of the local government of Makati filed charges of illegal detention and grave coercion against the Taguig city government yesterday in connection with the locking of the disputed Makati Park and Garden on March 3......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Davao City gets Seal of Good Financial Housekeeping for 2023

THE City Government of Davao is among the local government units (LGUs) that passed the Good Financial Housekeeping assessment conducted by the Department of the Interior and Local Government for the year 2023......»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

Group lauds government action on nurse shortage

Various public-private programs of the government have addressed the shortage of nurses in the country, according to the Private Sector Advisory Council-Healthcare Sector Group, calling it a “quick win” for the government......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Government lawyers told to uphold competition principles

The Philippine Competition Commission emphasized the importance of upholding competition principles in the practice of law among government counsels as it recently conducted an orientation for government lawyers on the revised lawyer’s code of conduct......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024

Hold agency heads accountable for Gov website, email hacking

A network of digital advocates urged the government to hold accountable the heads of the agencies affected by the hacking of government sites and emails. Digital Pinoys national campaigner Ronald Gustilo said that the heads of agencies affected by the hacking on government email and websites should be dealt with swiftly as the attacks came […].....»»

Category: newsSource:  journalRelated NewsFeb 4th, 2024

Japan Police Accused of Racial Profiling

Three ethnic minority residents of Japan filed a lawsuit this week alleging that the police racially profiled them.The lawsuit against the Japanese government, the Tokyo metropolitan government, and Aichi prefectural government, alleges the three were subjected to repeated police identity checks because of how they looked. Ea.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

‘National, local government teamup needed for waste, water security’

National government agencies and local government units (LGUs) should collaborate to address the growing problem of waste management and water security, according to Interior Secretary Benhur Abalos......»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

Parañaque government offices get service vehicles

Several government agencies in Parañaque received service vehicles from the local government yesterday......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Recto wants pension funds to buy government stake in SCTEX

Finance Secretary Ralph Recto wants the two pension funds to buy the government’s share in toll roads to ensure that the state will not be at a loss......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

Higher rates force government to cut down T-bond award

The government barely raised half of its target long-term securities yesterday as rates picked up, allowing it to borrow only P11.5 billion from the debt market......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

GOCC dividends surge to P88.6B - The Manila Times

DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have collected P88.6 billion from 47 government-owned and -controlled corporations (GOCCs) as of May 6, 11 times higher than the P8 billion recorded during the same period last year. "These dividends form a major source of n.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

President Marcos forms body to create government lands master list

President Marcos has formed an interagency body tasked to create a master list of all lands owned by the government to ensure efficient and effective utilization of land resources for the country’s development......»»

Category: newsSource:  philstarRelated NewsMay 5th, 2024

President Marcos wants faster permit process for flagship infrastructure projects

To speed up the implementation of major infrastructure projects, President Marcos ordered government agencies and local government units (LGUs) to further simplify the permitting process for these developments to support the country’s continuing economic transformation......»»

Category: newsSource:  philstarRelated NewsMay 5th, 2024

White substance in Tejero Creek persists despite government attention

White substance in Tejero Creek persists despite government attention.....»»

Category: newsSource:  sunstarRelated NewsMay 5th, 2024

Marcos orders agencies to create masterlist of government-owned lands

President Ferdinand Marcos Jr. has ordered the creation of an inter-agency coordinating council that will complete an inventory of all government-owned lands for its strategic use. .....»»

Category: newsSource:  philstarRelated NewsMay 5th, 2024

Malabon cites STAR’s Villeza, Peñaredondo

The city government of Malabon yesterday recognized 79 people, government agencies and organizations for their contributions to the city’s effective implementation of programs......»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024

BSP execs still highest paid in government – COA

Executives of the Bangko Sentral ng Pilipinas have dominated anew the Commission on Audit (COA)’s annual list of highest paid government officials, with BSP Governor Eli Remolona Jr. topping the list with a net pay of P35.48 million last year......»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024

Biz groups urge government to prioritize support for biotech crops

Business groups are calling on the government to make providing support for biotechnology crops a priority as these can help achieve food security......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

Gov’t debt slightly drops to P14.93T

The national government’s total debt dropped to P14.93 trillion as of the end of March, down 1.67 percent from the previous month’s P15.12 trillion. This was because more money was repaid for domestic government loans than was borrowed. The Bureau of Treasury reported that 31.14 percent of the debt is from outside the country, while.....»»

Category: newsSource:  inquirerRelated NewsMay 3rd, 2024