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Government t sees more revenue from e-cigarette taxes

The domestic electronic cigarette and vape industry are expected to contribute in hitting the government’s revenue collection goal, as players are urged to pay the right taxes amid Filipinos’ shift to alternative smoking......»»

Category: financeSource: philstar philstarJan 25th, 2024

‘Long ways to go’: Cone still sees room for improvement after Gilas rout

Coach Tim Cone sees both the good and the bad in Gilas Pilipinas' 30-point demolition of Hong Kong at the start of the FIBA Asia Cup Qualifiers.....»»

Category: newsSource:  rapplerRelated NewsFeb 23rd, 2024

Romeo Lumagui: Beyond taxes

Whether it’s a selfie, an autograph or a video greeting — the country’s top taxman willingly obliges as he tries to bring the difficult yet necessary concept of tax closer to Filipinos. There is a running joke that in every administration, only one or two government officials will have a more appealing look that would often pique the public’s interest beyond their official job description......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

GSIS eyes more benefits for members

Government workers can look forward to a Living Benefit program that the Government Service Insurance System is studying and is hoping to complete by April this year, following a significant increase in the GSIS Fund which posted last year a 33 percent increase in revenue that it now intends to plow back as benefits to its members......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

10th ID bashes Canadian gov’t for travel advisory vs Mindanao

The 10th Infantry Agila Division (10ID) of the Philippine Army criticized the Canadian government for issuing a travel advisory against all parts of Mindanao, which includes their area of responsibility. Major Mark Anthony Tito, spokesperson for the 10th ID, emphasized that the regions under their jurisdiction are peaceful and free from terrorism and violent threats, contrary to the Canadian embassy's advisory. The division oversees 12 provinces, seven cities, and 72 municipalities in various parts of Mindanao. Tito expressed bewilderment at the basis of the travel advisory, asserting that the Canadian government lacks awareness of the actual situation on the ground. He highlighted the peaceful nature of the entire Davao Region throughout 2023, with no recorded incidents of terrorism or insurgency. Despite the exclusion of Davao City from the advisory, Tito noted that the region would still be impacted. The Canadian embassy's advisory warned its citizens to avoid visiting Mindanao due to ongoing terrorism, civil unrest, kidnapping, high levels of violence, and encounters between rebel forces and government security authorities. Specific provinces and regions were singled out for caution or non-essential travel, including Northern Mindanao, Soccsksargen, and Eastern Mindanao. Contrary to the advisory, the 10th ID has been actively weakening and eliminating guerilla forces within its jurisdiction as part of the Philippine Army's efforts to establish an insurgency-free zone. In fact, on October 27, 2023, the Davao Region celebrated its first anniversary as an insurgency-free region in the Philippines. This dispute has led to other related stories, including the Chamber's intention to engage in discussions with the Canadian government regarding the travel advisory, as well as refutations from the Mindanao Development Authority (MinDA) and celebrations of the Davao Region's insurgency-free status by the Regional Peace and Order Council. In summary, the 10th ID vehemently opposes the Canadian government's travel advisory, citing the peaceful and secure nature of the regions under their jurisdiction, and highlighting the significant strides made in eradicating insurgency in the Davao Region......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Higher GOCC remittances to help reduce debt – Marcos

Higher remittances from government-owned or controlled corporations will help cut the country’s borrowings and avoid the imposition of higher taxes, President Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

Besties

Thanks to the propensity of many people to post anything and everything about themselves on social media, Filipinos can get a glimpse of what our government officials are doing when our taxes send them overseas on official business to represent the country......»»

Category: newsSource:  thedailyguardianRelated NewsApr 8th, 2024

Besties

Thanks to the propensity of many people to post anything and everything about themselves on social media, Filipinos can get a glimpse of what our government officials are doing when our taxes send them overseas on official business to represent the country......»»

Category: newsSource:  thedailyguardianRelated NewsApr 8th, 2024

Besties

Thanks to the propensity of many people to post anything and everything about themselves on social media, Filipinos can get a glimpse of what our government officials are doing when our taxes send them overseas on official business to represent the country......»»

Category: newsSource:  thedailyguardianRelated NewsApr 8th, 2024

Excise tax on single-use plastics to yield P34 billion

The move to slap excise taxes on single-use plastics is seen generating P34 billion for the government and curbing the increasing mismanagement that contributes to overall pollution......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Business group backs carbon emission trading

The government should prioritize implementing a carbon emission trading system instead of imposing taxes on carbon as the latter could cause power prices to spike, according to the Makati Business Club......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

SPi Global to hire more BPO workers

MANILA – SPi Global, the business process outsourcing arm of the Philippine Long Distance Telephone Co., will employ more Filipinos to support its projected 14-percent revenue growth in 2011......»»

Category: newsSource:  thenewstodayRelated NewsApr 10th, 2024

Marcos sees more prosperous Indo-Pacific through cooperation with US, Japan

President Ferdinand Marcos Jr. on Sunday said that collaborative actions with the United States and Japan will lay the foundations for a "brighter and more prosperous future" for the Indo-Pacific region. .....»»

Category: newsSource:  philstarRelated NewsApr 14th, 2024

Marcos sees more Pinoys studying in Germany

More Filipinos are coming to Germany to study, President Marcos has said, noting that people-to-people exchanges have helped deepen the country’s tieswith the European nation that span seven decades this year......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

Debt-to-GDP ratio remains above int’l threshold at 60.2%

The country’s outstanding debt as a share to the overall economy slightly eased in the first quarter, but remained above the internationally accepted threshold, with the government urged to be on a serious lookout for more revenue sources......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Budget surplus unlikely to last – Recto

The record budget surplus in January is unlikely to be sustained over the coming months, more so for the rest of the year, but the government is not worried so long as revenue targets are achieved, according to Finance Secretary Ralph Recto......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Government sees total victory vs Reds, end of NTF-ELCAC

The government expects to achieve “total victory” over communist rebels this year, which will mean the National Task Force to End Local Communist Armed Conflict will no longer be needed, the assistant director general of the National Security Council said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

PH Inflation Sees Huge Dip in January 2024 Now at 2.8%

The country’s headline inflation has taken a significant dip, currently standing at 2.8%, according to the latest report from the Philippines Statistics Authority (PSA) released on February 6, 2024. According to PSA, this marks the lowest rate recorded since October 2020, showing a considerable drop from December 2023’s 3.9 percent and a noteworthy decrease from […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 7th, 2024

Digital TIN IDs issued reaches 100,000

he Bureau of Internal Revenue has issued 100,000 tax identification number IDs in digital form as more Filipinos opt out from lining up at district offices......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

IT-BPM revenue hits $35.5 billions

Revenues of the information technology-business process management industry climbed by more than nine percent to hit $35.5 billion in 2023 from $32.5 billion in 2022......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Plaza Independencia: Rama plans to rubberize park, make more family-friendly

CEBU CITY, Philippines — Cebu City Mayor Michael Rama plans to make Plaza Independencia more family friendly as he envisions more changes to make this dream a reality. These included having the inside of the Plaza Independencia being rubberized, having more plants inside to make it also more environment-friendly and to have facilities for families.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024