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Rice tariff collections hit P30 billion in 2023

Tariff collections from 3.6 million metric tons of rice imports likely reached a record P30 billion in 2023 on the back of a weaker peso and higher global grain prices......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

Naga City employee nabbed for ‘stealing’ P12M in gov’t collections

CEBU CITY, Philippines — A 44-year-old liquidating officer of Naga City, Cebu was arrested by the police on Monday, February 19, for allegedly stealing City Hall collections that accumulated to a total of P12 million. The arrested employee was identified as Jesette Kristy Villarta Rivera, a resident of Barangay North Poblacion. City Treasurer Anna Maria.....»»

Category: newsSource:  inquirerRelated NewsFeb 20th, 2024

Government posts P88 billion surplus

The Marcos administration snapped eight consecutive months of budget deficit after it recorded a surplus of P88 billion in January as revenue collections outpaced spending......»»

Category: financeSource:  philstarRelated NewsMar 16th, 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

Diving tourism contributes 1.3 bln USD to Philippine economy in 2023

MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 24th, 2024

Diving tourism contributes 1.3 bln USD to Philippine economy in 2023

MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»

Category: newsSource:  manilanewsRelated NewsFeb 24th, 2024

Milk tariff collections rise by 31% to P2.4 billion

Revenues raised by the government from various imported milk products jumped by 31 percent to P2.36 billion in 2023, the highest in at least eight years, from P1.8 billion in 2022......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Palarong Pambansa 2024: Cebu City allocates P205M for games

CEBU CITY, Philippines – The Cebu City government has allocated a budget of P205 million for its hosting of the Palarong Pambansa 2024 this July. However, the amount is still subject to deliberation and approval by the city council. READ: DepEd expects Cebu City’s ‘world-class’ hosting of Palarong Pambansa Previously, during the signing of the.....»»

Category: newsSource:  inquirerRelated NewsFeb 23rd, 2024

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

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

No extension: Tax filings to lift BIR collections to P406 billion in April

The Bureau of Internal Revenue is expecting to collect more than P400 billion this month, largely driven by the annual income tax return filing which will not be extended beyond April 15......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

SC: LGU lawyers cannot represent local execs

Legal officers of local government units cannot represent LGU officials in cases filed before the Office of the Ombudsman, according to the Supreme Court......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

Nestle PH, Oro LGU partner to strengthen nutrition, solid waste management programs

Nestle PH, Oro LGU partner to strengthen nutrition, solid waste management programs.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

DILG mosusi sa tulubagon sa LGU

DILG mosusi sa tulubagon sa LGU.....»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024

Victorias LGU unveils P55-M disaster response center

Victorias LGU unveils P55-M disaster response center.....»»

Category: newsSource:  sunstarRelated NewsMar 15th, 2024

40 ka LGU ming-nominate og beneficiaries sa ‘Negosyo’

40 ka LGU ming-nominate og beneficiaries sa ‘Negosyo’.....»»

Category: newsSource:  sunstarRelated NewsMar 10th, 2024

Tabaco City, Del Carmen LGU officials tour Bago City, NegOcc

Tabaco City, Del Carmen LGU officials tour Bago City, NegOcc.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

Angeles City LGU wins case vs 3 dog killers

Angeles City LGU wins case vs 3 dog killers.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

Mabalacat LGU reopens old town hall as arts, culture center

Mabalacat LGU reopens old town hall as arts, culture center.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

DSWD, Ibajay LGU build Child Development Center for kids of ex-rebels

The Department of Social Welfare and Development (DSWD) and the Ibajay local government unit (LGU) have initiated the construction of a Php1.7 million-worth Child Development Center (CDC) in Barangay Cabugao, Ibajay in Aklan province that will benefit the children of former rebels now residing in the resettlement site. DSWD Undersecretary for Inclusive-Sustainable Peace and Special […].....»»

Category: newsSource:  journalRelated NewsFeb 25th, 2024