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Japan credit rater bullish on Philippine growth this year

The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd. said......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

No sugar MAV this year – SRA

The government did not allow the importation of sugar at a lower tariff rate in the current minimum access volume (MAV) year since the country has ample stocks to meet domestic consumption, the Sugar Regulatory Administration said......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

3 dog killers fined P6,000

Three people have been found guilty of animal cruelty for killing a dog for their personal consumption......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Japan unexpectedly slips into recession, Germany now world’s third biggest economy

Frail consumption and capital spending point to a challenging outlook for Japan’s economy.....»»

Category: newsSource:  rapplerRelated NewsFeb 15th, 2024

Salt Substitutes Lower Risk of High Blood Pressure by 40% – The Daily Guardian

New Study Finds Salt Substitutes Can Lower the Risk of High Blood Pressure Excessive salt consumption has long been recognized as a major risk factor.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 14th, 2024

Analysts paint rosier economic picture for 2024

The country’s strong economic growth is likely to be sustained this year on the back of rising exports and robust private consumption, according to the Department of Trade and Industry as well as private banks......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Economy grew by 5.6% in 2023

The Philippine economy expanded at a slower pace in 2023 than the previous year, falling below the government’s growth target amid high inflation and interest rates that affected consumption......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Davao Light pushes for paperless billing

The Davao Light and Power Co., Inc. (Davao Light) is advocating for paperless billing, citing its positive impact on the environment. Fermin Edillon, the head of the Reputation Enhancement Department at Davao Light, emphasized the company's large customer base and the significant paper consumption associated with traditional billing. He highlighted the environmental benefits of opting for paperless bills, urging Dabawenyos to consider this eco-friendly alternative. Despite the availability of paperless billing options, Edillon acknowledged that some still prefer traditional paper bills. However, Davao Light has enhanced its paperless bill services, offering options such as the MobileAP app for internet users and the Ebill text option for those without internet access. While promoting paperless billing, Edillon clarified that traditional paper bills will still be available. Residents expressed support for paperless billing, citing its convenience, but also emphasized the need for considerations, especially for those less proficient with technology. The push for paperless billing aligns with efforts to reduce environmental impact and enhance customer convenience......»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

Local production for local consumption

I just came from an annual holiday with family and was pleasantly surprised to hear a lot of good comments about organic and all-natural food from my family......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

Recto urged to pursue progressive taxes

Newly appointed Finance Secretary Ralph Recto should backpedal from pursuing consumption-based taxes and instead focus on more progressive ones in order to generate revenues amid the country’s limited fiscal space, economists said......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Santo Niño Fiestas Urged to Do Without Single-Use Plastic Banderitas

Quezon City. A group advocating for a zero waste and toxics-free society has again appealed to communities across the country that are about to celebrate the highly popular feast of Santo Niño to refrain from hanging single-use plastic banderitas, as well as plastic tarpaulins, to cut down on plastic consumption and garbage. In a statement […].....»»

Category: newsSource:  journalRelated NewsJan 14th, 2024

POGuo

Graft, grave misconduct, conduct prejudicial to the best interest of the service, gross neglect of duty, possible money laundering, tax evasion, plus lying in the certificate of candidacy in 2022, which could lead to ouster and disqualification from public office......»»

Category: newsSource:  philstarRelated NewsJun 4th, 2024

Illegal Parking

An almost daily scene in front of a Catholic-run school in General Santos City. On Thursday, 23 May 2024, motorists ignore as usual dozens of no-parking signs along a portion of the national highway, built by tax money but turned into a private school parking lot. MindaNews photo by ROMMEL REBOLLIDO.....»»

Category: newsSource:  mindanewsRelated NewsMay 28th, 2024

Tax breaks on e-motorcycles lauded

An international think tank and a consumer advocacy group commended the recent approval of the National Economic Development Authority (NEDA) to finally include two and three-wheeled electric vehicles (EVs) in government tax incentives under Executive Order 12......»»

Category: financeSource:  philstarRelated NewsMay 24th, 2024

Senior discounts expanded; industrialist Ito Carlos passes away

Discounts and tax exemptions given senior citizens and persons with disabilities are deductible business expenses. And more discounts are coming......»»

Category: newsSource:  philstarRelated NewsMay 21st, 2024

DOF sticks with P4.3 trillion revenue goal

The Department of Finance is keeping its P4.3-trillion revenue target for the year, banking on non-tax measures even amid less optimistic expectations on overall economic expansion......»»

Category: financeSource:  philstarRelated NewsMay 20th, 2024

Ease of paying value-added tax?

“Doing business with the BIR and paying taxes has never been easier,” these were the words of Charlito Martin Mendoza, Undersecretary of the Revenue Operations Group of the Department of Finance, as he delivered the keynote message of the Secretary of Finance during the Ease of Paying Taxes (EOPT) Act Roadshow for the NCR cluster......»»

Category: financeSource:  philstarRelated NewsMay 20th, 2024

Palace nod awaited on recommendation for e-motorcycle tax breaks

Tax breaks on e-motorcycles — considered by stakeholders as a win fort the electric vehicle (EV) industry — are just one signature away......»»

Category: newsSource:  philstarRelated NewsMay 19th, 2024

Subic sees more investment incentives under CREATE Act

Investor companies located in this free port zone are expected to benefit from more tax perks as the government seeks to rationalize taxes and attract more investments under Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for Enterprises Act......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

Duty Free Philippines set to hold ‘biggest’ sale event for 37th anniversary

Duty Free Philippines Corporation, the country’s premier destination for duty- and tax-free shopping catering to international travelers and overseas Filipino Workers will celebrate its 37th anniversary this week with a sale event......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024