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Tax revenues jump to P3.4 trillion

The country’s tax revenues rose by five percent to hit P3.38 trillion as the government ramped up its tax administration and digitalization program......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

‘No tax breaks for eco-zone work-from-home firms’

Work-from-home setups of business enterprises in economic zones should no longer get tax incentives under the Corporate Recovery and Tax Incentives for Enterprises Act as the public health emergency status for COVID-19 has already been lifted, Justice Secretary Jesus Crispin Remulla clarified in a legal opinion......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

New finance chief eyes carbon tax

Newly installed Finance Secretary Ralph Recto is pursuing the tax reform proposals of his predecessor, starting with the imposition of a carbon tax in a bid to generate additional revenues and address environmental concerns......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

SEC awaits ARTA study on proposed higher fees

The Securities and Exchange Commission is ready to implement the proposed hike in charges and fees as soon as it passes the regulatory impact assessment of the Anti-Red Tape Authority......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Employers’ group asks President Marcos: Veto P100 wage hike law

President Marcos should veto a proposed measure legislating a P100 daily across-the-board increase for the private sector as there is no way that small businesses can comply with the legislated wage hike, Employers Confederation of the Philippines (ECOP) chairman Sergio Ortiz-Luis Jr. said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

BBM kinulit sa P100 wage hike bill

Matapos isnabin ni Pangulong Bongbong Marcos ang P100 wage hike bill ng Senado sa kanyang Labor Day speech noong Miyerkoles, nanawagan naman si Senate President Juan Miguel Zubiri na sertipikahan ang panukala sa dagdag sahod ng mga manggagawa. The post BBM kinulit sa P100 wage hike bill first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 2nd, 2024

Government budget back to deficit in February

The government reverted back to a budget deficit in February after a quick surplus at the start of the year, but a narrower gap can still be expected as the tax season draws near......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Fuel prices rise by 50¢ per liter amid Russia export ban

MANILA, Philippines —Fuel pump prices will increase by P0.50 per liter starting Tuesday, March 5, due to Russia’s six-month export ban. However, diesel prices will decrease by P0.40 per liter and kerosene by P0.35 per liter, as reported by local oil firms. Shell and Seaoil will implement the price adjustments by 6 a.m. while CleanFuel.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

US military moving fuel closer to Taiwan

The American Embassy in Manila has confirmed a shipment from a naval base in Hawaii to a commercial site in the Philippines The US has confirmed that it has transferred large amounts of fuel from a military base in Hawaii to storage facilities across Southeast Asia. The announcement came after a Philippines senator ra.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

US military moving fuel closer to Taiwan

The American Embassy in Manila has confirmed a shipment from a naval base in Hawaii to a commercial site in the Philippines The US has confirmed that it has transferred large amounts of fuel from a military base in Hawaii to storage facilities across Southeast Asia. The announcement came after a Philippines senator ra.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

US tanker transfers fuel to Subic storage facility

US-registered tanker is currently in the country to transfer fuel from a military base in Pearl Harbor, Hawaii to a commercial storage facility in Subic Bay, according to the US embassy in Manila......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Robin Padilla says sorry to Senate execs over Mariel’s vitamin C drip mess

MANILA, Philippines — Senator Robinhood “Robin” Padilla has apologized to officials of the Senate over an incident inside his office involving his wife, actress Mariel Padilla. The actress drew flak after posting on social media last week a photo of her receiving an intravenous treatment inside  her husband’s office at the Senate. ALSO READ: Mariel Padilla’s ‘gluta.....»»

Category: newsSource:  inquirerRelated NewsFeb 26th, 2024

Labor groups rally against Charter change, call for wage hike instead

MANILA, Philippines — Labor groups are joining the opposition against Charter change (Cha-cha), with one group urging lawmakers to prioritize passing a law for a P150 wage hike for private sector workers. The Federation of Free Workers (FFW) vice president Jun Mendoza Ramirez in a statement on Sunday emphasized the need to concentrate on the immediate.....»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Minimal fuel price rollback for April 30

Minimal fuel price rollback for April 30.....»»

Category: sportsSource:  abscbnRelated NewsApr 29th, 2024

Greenpeace blames fossil fuel dependence for yellow, red alerts

Environmental group Greenpeace Philippines yesterday blamed the country’s dependence on fossil fuel-based power plants on the continued yellow and red alerts of Luzon and Visayas power grids......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2024

Government urged to release P2.5 billion public transport cash subsidy

The government should release at the soonest the P2.5 billion in fuel cash subsidy to public transport drivers to cushion the impact of high fuel prices, especially with the latest news about heightened tensions in Israel and Iran, a congressman said......»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

Lawmaker proposes discounted fuel sales for public transport sector

Lawmaker proposes discounted fuel sales for public transport sector.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 18th, 2024

Fuel price adjustments forecast after Holy Week

Fuel price adjustments forecast after Holy Week.....»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Beermen rip Fuel Masters to stay unbeaten

The San Miguel Beermen remained unscathed in the PBA Philippine Cup after demolishing the Phoenix Fuel Masters, 116-102, Sunday at the Smart Araneta Coliseum......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024

ERC OKs limited use of LNG for Meralco, FGEN

The Energy Regulatory Commission has allowed First Gas Power Corp. and FPG Corp. to use liquefied natural gas as an alternative fuel supply source for the Sta. Rita and San Lorenzo gas plants “in the case of the occurrence of a fuel supply force majeure event.”.....»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024