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FARMGATE PRICES LOW | Lacson backs DA probe on possible pork price manipulation
FARMGATE PRICES LOW | Lacson backs DA probe on possible pork price manipulation.....»»
‘No reason for pork price surge in Visayas, Mindanao’
There is no reason for the spike in retail prices of pork in the Visayas and Mindanao, as the prevailing live weight cost is only P180 per kilo, farmers’ group Samahang Industriya ng Agrikultura said over the weekend......»»
Belmonte welcomes new Guinness record at pork festival
Quezon City Mayor Joy Belmonte has welcomed the new Guinness World Record for the most number of pork dishes displayed during the opening of the five-day hog festival at Gateway 2 mall in Cubao on Friday......»»
Philippines sets new Guinness World Record at pork festival
The Philippines has set a new Guinness World Record for the most number of varieties of pork dishes on display yesterday during the start of the five-day Hog Festival in Cubao, Quezon City......»»
‘SUPPLY NOT CONSISTENT’ | Negros Occidental reports 50% pork supply shortage
‘SUPPLY NOT CONSISTENT’ | Negros Occidental reports 50% pork supply shortage.....»»
NEGOCC CONTINUES BAN | Mayor allows entry of pork to Bacolod to address growing demand
NEGOCC CONTINUES BAN | Mayor allows entry of pork to Bacolod to address growing demand.....»»
Pork price in Bacolod increases to P410 per kilo
Pork price in Bacolod increases to P410 per kilo.....»»
DA wants to suspend pork, corn MAV
The Department of Agriculture is looking at curbing the country’s agricultural imports by temporarily suspending the minimum access volume for pork and corn this year......»»
3 TLRC execs get 26 years for ‘pork’ scam
The Sandiganbayan yesterday sentenced three ranking officials of the abolished state firm Technology and Livelihood Resource Center to serve up to 26 years in prison for graft and malversation of public funds in connection with their involvement in the “pork barrel” fund scam......»»
Sandigan upholds sentence for Nabcor execs in ‘pork’ scam
The Sandiganbayan has upheld the conviction of three officials of abolished state firm National Agribusiness Corp. (NABCOR) in connection with the pork barrel scam......»»
High pork retail prices hit
The farmgate price of pork remains low at P200 per kilo, but its retail price has reached as high as P420 per kilo in Metro Manila markets, according to a hog raisers’ group......»»
Jinggoy convicted of bribery, cleared of ‘pork’ plunder
The Sandiganbayan Fifth Division has found Sen. Jinggoy Estrada guilty of one count of direct bribery and two counts of indirect bribery over his alleged involvement in the pork barrel scam – placing him in a position where he may eventually be booted out of office, pay fines and be imprisoned......»»
Ex-Iloilo lawmaker acquitted of ‘pork’ rap
The Sandiganbayan has acquitted former Iloilo 5th District representative Rolex Suplico of a graft case in connection with the alleged misuse of his Priority Development Assistance Fund (PDAF) or pork barrel amounting P14.7 million in 2007......»»
Cebu City Council slashes Rama’s proposed P100B budget to P25B
CEBU CITY, Philippines — Cebu City Mayor Michael Rama’s proposed P100 billion budget for 2024 was reduced to P25 billion by the City Council, which overrode the mayor’s veto. Councilor Jocelyn Pesquera, vice chairperson of the council’s Committee on Budget and Finance, confirmed the decision on Wednesday, Jan. 24, emphasizing that all provisions in the.....»»
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......»»
Xinhua world economic news summary at 0900 GMT, April 1
MANILA -- The Philippine government's budget deficit increased to 164.7 billion pesos (2.93 billion U.S. dollars) in February, the country's Bureau of the Treasury said Monday. "The wider budget gap stemmed from the 22.14 percent year-over-year increase in expenditures, matched with moderate revenue growth of 5.73 percent," the bureau said. With the February turnout, the bureau said the year-to-date fiscal balan.....»»
BIR eyes P325 billion from excise taxes
The Bureau of Internal Revenue targets to collect higher excise taxes of up to P325 billion this year as the government moves to improve the regulatory environment and address the still rampant illicit trade......»»
Revenue loss due to PIFITA may hit P126 billion
The government may have to forgo P126 billion in revenues over the next five years from the remaining tax reform package that seeks to simplify the tax system......»»
Apex Mining profit grows 2% to P3.4 billion
Razon-led Apex Mining Co. Inc. grew its net income by two percent to P3.41 billion in 2023 from P3.34 billion in 2022 on the back of higher revenue brought about by better metal prices......»»
Internal revenue stamps for vape products mandatory by June
Bureau of Internal Revenue Commissioner Romeo Lumagui Jr. reminded the public that internal revenue stamps will be mandatory for all imported and locally manufactured vape products in the market by June 1, 2024, as stated in Revenue Memorandum Circular 59-2024......»»