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Sin Tax Collection Plunges by 13%

In a span of just 8 months, sintax collections decreased by 13% primarily due to the production of fake tobacco products. The pandemic however, has also something to do with the collection drop. The Bureau of Internal Revenue (BIR) is now working to release more new stamps for cigarettes, alcoholic beverages and even electronic cigarettes […].....»»

Category: newsSource: metrocebu metrocebuOct 6th, 2020

Cashless toll collection moved to December 1

Motorists will be given more time to secure radio-frequency identification or RFID stickers for their vehicles after the Department of Transportation moved the start of mandatory implementation of cashless toll collections on expressways from Nov. 2 to Dec. 1......»»

Category: newsSource:  philstarRelated News22 hr. 10 min. ago

The Pope& rsquo;s message

What did Pope Francis really say in that documentary made by Evgeny Afinevsky and what did he mean by it? This is the question that came to mind after a war of words erupted over a statement the Pontiff made. Actually, it was part of a collection of remarks and opinions he has issued on a range of subjects, including that on gay couples over the years......»»

Category: newsSource:  thestandardRelated NewsOct 27th, 2020

GMA& nbsp;signs five-year contract with FILSCAP

GMA Network renews its Broadcast Music Public Performance License with the Filipino Society of Composers, Authors, and Publishers, Inc. (FILSCAP), the official music public performing collection society in the country. .....»»

Category: entertainmentSource:  thestandardRelated NewsOct 27th, 2020

Converge price plunges upon debut

Converge Information and Communications Technology Solutions Inc. successfully made its debut in the stock market yesterday, raising P29.1 billion, including shares for over-allotment, marking the largest-ever initial public offering in the country......»»

Category: financeSource:  philstarRelated NewsOct 26th, 2020

Pacquiao seeks probe of Rice Tarrification Law, RCEF

Boxing icon and Sen. Manny Pacquiao has sought a Senate inquiry into the implementation of the Rice Tarrification Law, particularly the utilization of the Rice Competitiveness Enhancement Fund (RCEF). Senator Manny Pacquiao(EPA/JOSEPH VIDAL / PRIB / MANILA BULLETIN FILE PHOTO) In a resolution, Pacquiao said the purpose of Republic Act (RA) 11203, also known as the Rice Tariffication Law, is to ensure food security and to make the country’s agriculture sector viable, efficient, and globally competitive. President Duterte signed RA 11203 on Feb. 14, 2019. ‘’But after more than a year of its implementation, we have yet to fully account for the utilization of the RCEF,’’ Pacquiao stressed. Pacquiao said that before the implementation of RA 11203, the farm gate price of palay averaged P21.39 per kilo but when imported rice started flooding the market, it instantly dropped to P17.88 per kilo. Recent accounts from farmers disclosed that in Pampanga, Nueva Ecija, Sorsogon, Tarlac, and Laguna, the farm gate price is P7 up to P10 per kilo. Pacquiao said RA 11203 has provided the framework for the establishment of the RCEF which was set up to improve rice farmers’ competitiveness and income amid liberalization of the Philippine rice trade policy that lifted quantitative restrictions on rice imports and replaced it with tariffs, among others. The RCEF or the Rice Fund has a P10-billion annual appropriation for the next six years which will be drawn from taxes generated from rice import tariffs. The Department of Finance (DoF) and the Bureau of Customs (BoC) which are the lead agencies responsible for the collection of the import tariffs must account for the volume of rice imports since the lifting of the quantitative restriction on rice imports, the amount of tariffs collected, and the amount allocated to the RCEF, Pacquiao pointed out. The Department of Agriculture (DA) which is primarily tasked to manage the RCEF must provide a complete and detailed report on the disbursement and the utilization of the fund which was supposed to cushion the impact of rice import liberalization to the Filipino farmers, he added......»»

Category: newsSource:  mb.com.phRelated NewsOct 24th, 2020

A fusion of irony, design, watches and photography

D1 Milano, an Italian manufacturer of premium watches, presents the KODACHROME Analog Watch Limited Edition. Developed under a licensing agreement with KODAK; the American giant in the production of cinematographic films, the KODACHROME Analog Watch will be a special collection unveiling this Fall 2020......»»

Category: techSource:  thestandardRelated NewsOct 24th, 2020

RFID issuance pinalawig hanggang Nov. 30

Manila, Philippines – Pinalawig ng San Miguel Corp ang issuance at installation ng RFID stickers hanggang November 30, ayon sa ulat. “By November 2, all lanes at our toll plazas will be fully capable and converted to electronic toll collection, in full compliance with the government’s mandate. However, after careful study and deliberation, and especially […] The post RFID issuance pinalawig hanggang Nov. 30 appeared first on REMATE ONLINE......»»

Category: newsSource:  remateRelated NewsOct 23rd, 2020

DOST turns over no contact specimen collection booth to Antique

SAN JOSE, Antique, Oct. 22 (PIA) -- The Department of Science and Technology (DOST) 6 recently distributed a "no-contact" specimen collection booth to Angel Salazar Memorial General Hospital (ASMGH.....»»

Category: newsSource:  manilanewsRelated NewsOct 23rd, 2020

DOST turns over no contact specimen collection booth to Antique

SAN JOSE, Antique, Oct. 22 (PIA) -- The Department of Science and Technology (DOST) 6 recently distributed a "no-contact" specimen collection booth to Angel Salazar Memorial General Hospital (ASMGH.....»»

Category: newsSource:  philippinetimesRelated NewsOct 23rd, 2020

GSK showcases some of the Visayan myths and legends

The Visayas region holds a rich and colorful collection of myths and legends. Our ancestors told stories about gods and goddesses, monsters and creatures, and heroes, often reflecting their environment, morals and traditions. The seventh Gabii sa Kabilin (GSK) online activity on October 23, 3 p.m. will center on some of these stories including a […] The post GSK showcases some of the Visayan myths and legends appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsOct 21st, 2020

20 Subic firms lauded for duty contributions

Twenty companies doing business at the Port of Subic were recognized by the Bureau of Customs as top major revenue contributors to the collection campaign in September......»»

Category: financeSource:  thestandardRelated NewsOct 20th, 2020

Where have you Christians been?

WORD ALIVE  FR. BEL SAN LUIS, SVD It happened in China a few years before the Communists expelled the missionaries. A foreign Catholic missionary came upon an old woman by the wayside, deserted, cold, and hungry. “Why do you bother about me?” the old lady whispered feebly when the priest tried to help her as best as he could. “Nobody else cares. Why should you?” * * * “God said to go out over the world and help everyone who is in need,” the priest said.  Pondering over the words of the priest, she said, “What a beautiful religion. Where did it come from? ” * * * Whereupon the priest started to tell her about God who loves us and sent his own Son Jesus Christ to save us. “Your Christ,” the old woman went on, “Where is He?” When the priest said He died two thousand years ago, she was amazed. “Do you mean to say that it has been two thousand years since Christ commanded his followers to spread his teachings? Why, where have you Christians been all this time?” * * *         This might well be the pointed question addressed to us as we celebrate World Mission Sunday today. Before ascending to heaven, Jesus commanded his apostles: “Go out into the whole world and proclaim the Good News to every nation. He who believes and is baptized will be saved” (Mk 16,15). * * *         Pope Francis gave the Church his first apostolic exhortation, Evangelii Gaudium (The Joy of the Gospel). In it he proposed a profound missionary renewal of the entire Church. He asserted that we need an “evangelizing Church that comes out of herself…All renewal in the Church must have mission as its goal; otherwise, it falls prey to a kind of ‘ecclesial introversion.’”  * * *         How can we be an “evangelizing Church”? Obviously, not all can go out of their country to reach out to peoples who have not known Christ. If some heroic Christians can do it as missionaries, great. But for most of us, all that we can do is be missionaries at home. * * * Remember St. Therese of the Child Jesus? She is the universal patroness of Catholic missions yet, ironically, she never stepped out of the four walls of her Carmelite cloister! She merited the title because of her burning obsession to save souls by offering every little act, every bodily pain for the conversion of immortal souls. * * * When I was ordained priest in our missionary congregation, Society of the Divine  Word (SVD), I applied to work in  Mexico, Central America. Unfortunately I never got my wish. The farthest I’ve gone to is Mexico… Pampanga! * * * That doesn’t mean, however, that I am not a genuine missionary. By my work in the media or supporting seminarians under the “Adopt A Seminarian” scholarship program, I am a missionary. What counts is not geography, but the missionary spirit or attitude. In this connection, let’s not be missionaries only on Mission Sunday. As a good Christian, the mission spirit should be an all-time continuing attitude and action. * * * Further, you can be missionaries by means of extending financial assistance. Be generous and share your resources for the support of missionaries. Money is a necessity in the work of evangelization. Churches, schools, convents, clinics, social centers are needed, especially in the “bush” mission. * * * Every Christian is a missionary. Are you doing your share? * * *             LAUGH WITH GOD. A parish priest was making an impassioned appeal to the parish council for the annual mission collection. Great was everybody’s surprise when the wealthiest but tight-fisted member of the council rose and offered to start the collection rolling with a contribution of P500. * * *           As he stood up to hand in the amount, a mild earthquake took place and some plaster from the ceiling fell and hit him on the head. A bit shaken, he withdrew the amount and said, “I guess I’d better make that P5,000.” A small voice  from the back was heard, “Hit him again, Lord.” (It’s not  known if he gave some more!).  * * *           HELPING MISSIONARY SEMINARIANS. We Filipinos are blessed because there are still a good number of young men who wish to become priests and missionaries. But they have difficulty in pursuing their priestly vocation due to financial constraints, especially this time of the COVID-19 crisis. * * *           Chip in or sponsor a year’s scholarship of a seminarian. REMEMBER: Without seminarians, we cannot have priests and missionaries. For inquiry, e-mail me at belsvd@gmail.com.  * * * FAMILY TV MASS – is aired on 5PLUS Channel 59, Cignal Cable Ch. 6, Free TV Ch. 41 at 6-7 a.m.  Sunday and anytime at “MCFI SVD Media” Account on YouTube and Facebook Page. Priest presider: FR. LOUIE PUNZALAN, SVD......»»

Category: lifestyleSource:  abscbnRelated NewsOct 18th, 2020

BOI offers stronger tax perks

For manufacturer Manufacturers in the Philippines are allowed to carry over any operating loss from financial year 2020-2021 as tax deduction from gross income over the next five taxable years, according to the Board of Investments (BOI). BOI Managing Head Ceferino Rodolfo said this has been  allowed under the Bayanihan to Recover as One Act or Bayanihan 2, which provides P165 billion in economic stimulus package. “A range of new financial measures and incentives are now available to manufacturers in the Philippines, thanks to new legislation recently signed into law,” said Rodolfo, who is also Trade and Industry’s Undersecretary for industry promotions group. The ‘Bayanihan 2 Act’ is aimed at helping the Philippines recover from the economic impact of Covid-19. It was signed into law by President Duterte in September. Elsewhere, he said, many qualified manufacturers will be exempt from business taxes, import duties, and other fees on a range of products.  This includes the production of medical equipment and Covid-19 related items such as Personal Protective Equipment (PPE), as well as the raw materials relevant to the manufacturing of these items.  The same relief measures will also apply to the production of equipment for waste management, including waste segregation, storage, collection, sorting, treatment and disposal services.  The Philippine Board of Investments (BOI) is urging manufacturers and other large businesses to take advantage of these provisions. For more details on doing so, businesses can book an appointment with BOI via their Facebook page and speak to a dedicated specialist. Information is also available on BOI’s Covid-19 resource hub for businesses.  “We know that Covid-19 is still having a significant impact on the operations of manufacturers across the Philippines, and we at BOI are doing all we can to help them,” said Rodolfo as he urged   businesses to visit BOI resource hub website and book an appointment with BOI via its Facebook page.  “Our dedicated specialists can help businesses understand more about how they can take advantage of the incentives and support in the Bayanihan 2 Act”  The Bayanihan 2 stimulus package consists of P140 billion of regular appropriations and an additional standby fund of P25.5 billion. Under the law, P3 billion will be allotted for the procurement of personal protective equipment, face masks, and face shields; P4.5 billion for the construction of temporary medical isolation and quarantine facilities and the expansion of government hospital capacity; and P13.5 billion for emergency employment and compensation of health workers. A total of P4.5 billion will be used to finance isolation facilities, hotel accommodation, food, and transportation of Covid-19 patients; and PHP5 billion for the hiring of contact tracers. Other allocations include P13 billion for the cash-for-work program; P9.5 billion for assistance to public utility drivers and other programs of the transportation department; P6 billion for “individuals in crisis” and other programs of the social welfare department; P4 billion for the tourism industry; and P4 billion for the education department’s implementation of digital learning. Bayanihan 2 is the second installment of the Bayanihan to Heal as One Act (Bayanihan 1), which gave Duterte emergency powers to address the Covid-19 crisis in the country. The Bayanihan 1 law, signed by the president on March 25, already expired on June 25, 2020......»»

Category: lifestyleSource:  abscbnRelated NewsOct 18th, 2020

Car Sales Plunges by 23%

According to the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI), vehicles sales dropped by 23% in the month of September this year, from 31,820 units sold last year, to only 24,523 this year. During a nine-month duration, 148,012 units have been sold, 44% lesser than last year’s 267,364 units. CAMPI however, remains optimistic […].....»»

Category: newsSource:  metrocebuRelated NewsOct 14th, 2020

Levi’s launches cute and reusable Hello Kitty face masks in Fall 2020 collection

Fall 2020 marks Sanrio’s 60th Anniversary, and Levi’s® and Hello Kitty® will be celebrating. They teamed up for a fun take on reusable and super cute face masks......»»

Category: newsSource:  philstarRelated NewsOct 12th, 2020

Delos Santos inches closer to No. 1 spot

Filipino karateka James “OJ” delos Santos braces for a chance of adding two more gold medals to his growing collection as he advanced into the finals of two online tournaments yesterday......»»

Category: sportsSource:  philstarRelated NewsOct 11th, 2020

Sa wakas, kaunting ginhawa

Isang magandang balita ang bumungad sa mga kababayan natin nitong Biyernes dahil sinimulan nang ipatupad ang iniutos ng Land Transportation Franchising and Regulatory Board (LTFRB) na gawin nang libre ang pamimigay ng Beep cards para sa mga pasahero. Ito ay kasunod nang kaliwa’t kanang batikos na inabot ng automated fare collection system (AFCS) providers dahil […] The post Sa wakas, kaunting ginhawa appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsOct 10th, 2020

Delos Santos continues path to No. 1 ranking with 13th karate gold

The 30-year-old delos Santos outperformed Switzerland’s Matias Moreno-Domont, 25.26-24.6, to add another mint to his growing collection while pushing him nearer Eduardo Garcia of Portugal, ranked No. 1 in the world online rankings who skipped this meet......»»

Category: sportsSource:  philstarRelated NewsOct 9th, 2020

Government scraps electronic fare card fees, charges

The Land Transportation Franchising and Regulatory Board on Wednesday issued an order removing the charges and fees on automated fare collection system (AFCS) cards for public utility vehicles......»»

Category: newsSource:  thestandardRelated NewsOct 8th, 2020

20-year-old Cebuana CEO launches biodegradable phone case collection

Growing up in the age of the internet has made many teenagers young proprietors of startups and online businesses. But aside from starting a business at a young age, a number of these teen bosses are using their ventures as a platform to bring their mission and advocacies into the limelight. Nicole Ong Oh, who […] The post 20-year-old Cebuana CEO launches biodegradable phone case collection appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsOct 7th, 2020