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Digital times call for digital measures

The Bureau of Internal Revenue has recognized the undeniable rise of digital commerce in the Philippines by promulgating Revenue Regulation16-2023, issued on Dec. 21, 2023, and Revenue Memorandum Circular 08-2024, issued on Jan. 15, 2024, respectively......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Correction over collection

Secretary Ralph Recto has reportedly “ordered” the Bureau of Internal Revenue and the Bureau of Customs to work together in order to achieve the revenue collection target of P4 trillion-plus for 2024......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

New Delhi raises target for defense exports

India is set to increase production of aircraft engines and gas turbines, aiming to become a major player in the arms tradeThe Indian government has increased its annual target for defense and aerospace production to $36 billion, while raising the export target to $6 billion. Indian Defense Minister Rajnath Singh said the country aims to increase its production of jet engines and gas turbines to.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 27th, 2024

MerryMart hikes 2030 sales target to P150 billion

MerryMart Consumer Corp. of tycoon Edgar “Injap” Sia II is raising its sales revenue target for 2030 by 25 percent as it ramps up its expansion......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

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:  philstarRelated NewsJan 25th, 2024

3M bagong botante target ng Comelec

Malapit nang makamit ng Commission on Elections (Comelec) ang target na tatlong milyong bagong botante para sa 2025 elections. The post 3M bagong botante target ng Comelec first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 29th, 2024

Suspect in 2019 killing of Ed Dizon arrested

By: CMFR StaffPosted on: May 9, 2024, 5:26 pm CMFR/PHILIPPINES - The Presidential Task Force on Media Security (PTFoMS) gave an update on the 2019 killing of broadcaster Eduardo "Ed" Dizon on May 3, World Press Freedom Day last week, saying police had arrested Junelle Jane Andagkit Poten, a suspect, on May 2 in Barangay Saguing, Makilala, Cotabato after receiving tips on Poten's whereabouts. .....»»

Category: newsSource:  manilanewsRelated NewsMay 10th, 2024

Philippines- New Drug War Declared in Davao City - Human Rights Watch

Click to expand Image Sebastian Duterte, currently the mayor of Davao City, delivers a speech at a campaign rally in Davao City, the hometown of his father, then-President Rodrigo Duterte, May 10, 2019. 2019 Kyodo via AP Images (Manila) The mayor of Davao City in the Philippines, Sebastian Duterte, recently declared a new war on drugs, suggestive of the abusive campaign of his father, former President Rodrigo Duterte, Hum.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

12 people jailed over storming of legislature in 2019 protests

12 people jailed over storming of legislature in 2019 protests.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Michigan reports first measles case since 2019 outbreak: What to know

Michigan health officials have confirmed the state’s first case of measles since the 2019 outbreak, with a child in Oakland County testing positive for the.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 26th, 2024

Jericho Rosales, Kim Jones buwag na niadtong 2019 pa

Si Jericho Rosales ug ang iyang asawa nga si Kim Jones nagkabuwag na niadtong 2019 pa. Kini gibutyag sa ilang suod nga higala ug ninong nga si Ricco Ocampo ngadto sa ABS-CBN News niadtong Lunes, Enero 29. Kini nagtapos sa dugay na nga hugon-hugon kabahin sa pagkabungkag sa ilang kaminyoon. Matud ni Ocampo nga si.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

CSC affirms 2019 decision: Libre guilty of malpractice

CSC affirms 2019 decision: Libre guilty of malpractice.....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

Government arsenal spending up 420 percent but misses production target

The Government Arsenal increased its spending in 2023 by 420 percent, but still failed to meet its ammunition production target for the year, according to a report from the Commission on Audit......»»

Category: newsSource:  philstarRelated NewsApr 2nd, 2024

Cebu Landmasters reports P6.235 billion revenue for Q1 2024

During the annual stockholder’s meeting on Friday, Jose Franco Soberano, the firm’s senior executive vice president, said that the company's first-quarter revenue in 2024 surged by 31%, reaching P6.235 billion from P4.777 billion last year......»»

Category: financeSource:  philstarRelated NewsMay 10th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMay 7th, 2024

Philippine IP body warns of revenue loss due to online piracy

The Intellectual Property Office of the Philippines (IPOPHL) on Tuesday said online piracy has been causing revenue losses for the country, and that it would cost more if it remains unaddressed......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Philippines wraps ITB Berlin with P489-M projected revenue

The Philippines concluded its participation in the Internationale Tourismus-Börse (ITB) Berlin 2024 in Germany last month, drumming up sales leads with projected revenue amounting to over P489 million......»»

Category: newsSource:  philstarRelated NewsApr 21st, 2024

LRT-2 revenue, ridership up in 2 months

The Light Rail Transit Authority grew its revenue collection by double digits in the first two months of the year, reaping the benefits of recovering ridership at the Light Rail Transit Line 2......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

UnionDigital Bank revenue grows to over P5 billion

UnionDigital Bank, the digital banking arm of Aboitiz-led Union Bank of the Philippines, saw its revenue grow to over P5 billion in 2023 mainly driven by higher deposits and loans......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024