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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 […].....»»

Source: Metrocebu MetrocebuCategory: NewsOct 6th, 2020Related News

Almost Half of the Companies in PH Cut Jobs

The COVID-19 pandemic has forced businesses in the Philippines to cut jobs to alleviate losses in profit during the strict community quarantine months. While these implemented health safety protocols protected and prevent the virus from further spreading, its effect on business in terms of profit and operations has forced them to cut jobs to compensate […].....»»

Source: Metrocebu MetrocebuCategory: NewsOct 6th, 2020Related News

Philips Monitors Enters Gaming Market with Brand-New Models

After years of being a trusted brand for multimedia displays and consumer monitors, Philips Monitors is finally entering the gaming monitor market with two brand-new models. Philips Gaming is the new product line of Philips Monitors which will be catered towards video game enthusiasts. Perfect for either PC or consoles, Philips Gaming models are designed […].....»»

Source: Metrocebu MetrocebuCategory: NewsOct 6th, 2020Related News

Peso Expected to Rise Before Inflation

The Philippine Peso (PHP) rate is expected to increase before the release of local inflation and other trade datas. According to data from the Bankers Association of the Philippines, on Friday, October 2, PHP closed at P48.48 against the US Dollar, smaller than the previous P48.43. Meanwhile, experts said that the Philippine Peso weakened after […].....»»

Source: Metrocebu MetrocebuCategory: NewsOct 5th, 2020Related News

WATCH: Netflix Releases Trailer for The Haunting of Bly Manor

From The Haunting of Hill House creator Mike Flanagan and producer Trevor Macy comes “The Haunting of Bly Manor,” the next highly anticipated chapter of The Haunting anthology series, set in 1980s England. After an au pair’s tragic death, Henry Wingrave (Henry Thomas) hires a young American nanny (Victoria Pedretti) to care for his orphaned […].....»»

Source: Metrocebu MetrocebuCategory: NewsSep 26th, 2020Related News

Low Interest Rate, Tax Reform to Attract More ‘Hot Money’ to PH

The Philippines’ low interest rate environment and the continued approval of tax reform measures are seen to address the outflows in the country’s foreign portfolio investments, an economist of Rizal Commercial Banking Corp. (RCBC) said on Friday. Data released by the Bangko Sentral ng Pilipinas (BSP) on Thursday showed that registered foreign portfolio investments, otherwise […].....»»

Source: Metrocebu MetrocebuCategory: NewsSep 26th, 2020Related News

LGU Dalaguete Adopts CDD Approach

The Department of Social Welfare and Development’s (DSWD) Kapit-Bisig Laban sa Kahirapan Comprehensive and Integrated Delivery of Social Services (Kalahi-CIDSS) recently paid a visit to Dalaguete, Cebu on September 3, 2020. The Kalahi-CIDSS and the Municipality of Dalaguete have been in partners for four (4) years in implementing the Community-Driven Development (CDD) approach and training […].....»»

Source: Metrocebu MetrocebuCategory: NewsSep 26th, 2020Related News

Good Game, Good Food: Mikael Daez, foodpanda’s Newest Ambassador

Mikael Daez, a true-blue gamer and certified foodie is foodpanda’s newest brand ambassador. During his teenage years, he used to go on a 10-hour gaming marathons with his friends, mainly playing DOTA 1. He admits in his younger years that he has poor food choices back then, going for instant noodles or canned goods and […].....»»

Source: Metrocebu MetrocebuCategory: NewsSep 26th, 2020Related News

Lawmakers Support San Miguel’s Franchise Bid For Airport Construction

Senators showed their support for San Miguel’s franchise bid for them to start the construction and operation of a domestic and international airport in Bulacan. In its initial planning, the airport is expected to be constructed along the coastal part of the Municipality of Bulakan in Bulacan. The completion of the said airport is seen […].....»»

Source: Metrocebu MetrocebuCategory: NewsSep 26th, 2020Related News

AOC PH’s Top PC Monitor Brand

According to global marketing intelligence firm International Data Corporation (IDC), AOC ranked #1 in the PC monitor market in terms of unit shipments in the Philippines for the second quarter of 2020, a distinction the company has achieved multiple times. To further solidify its foothold in the industry, AOC also supports local esports tournaments and […].....»»

Source: Metrocebu MetrocebuCategory: NewsSep 26th, 2020Related News

Dirty Places at Home and Cleaning Products to Use

The Covid-19 is a global pandemic affecting thousands of people. Without a cure in sight, this virus is easily spread with droplets from sneezing or coughing. Healthcare professionals suggest handwashing, covering coughs, and using face masks when sick as preventive measures. Another tip is to stay away from dirty places and to clean homes and […].....»»

Source: Metrocebu MetrocebuCategory: NewsSep 24th, 2020Related News

Help Yourself Financially With Side Hustling

The COVID-19 pandemic is still making daily life hard for everyone. Despite businesses slowly opening again, job opportunities are still hard to find as entrepreneurs try to limit their employees. According to a survey by Social Weather Stations (SWS), 27.3 million Filipinos are jobless as of July 2020, many of those are “millennials” or young […].....»»

Source: Metrocebu MetrocebuCategory: NewsSep 24th, 2020Related News

Gabby Lopez Resigns as ABS-CBN’s Chairman

Eugenio “Gabby” Lopez III tendered his resignation as Chairman Emeritus and Director of ABS-CBN Corp effective immediately on Thursday, September 24, 2020. In a statement released by ABS-CBN, Lopez has resigned from his positions in ABS-CBN due to personal reasons. “Mr. Eugenio ‘Gabby’ Lopez III, today tendered his resignation for personal reasons as Chairman Emeritus […].....»»

Source: Metrocebu MetrocebuCategory: NewsSep 24th, 2020Related News

What is Ok to Share in the Internet and What is Not

With the increase of time being spent online and the diverse activities being posted on different social media platforms, Kaspersky shares a reminder for parents about the risks of oversharing online. The latest research from the global cybersecurity company Kaspersky confirmed that social media is the top activity for online users in Southeast Asia (SEA) […].....»»

Source: Metrocebu MetrocebuCategory: NewsSep 23rd, 2020Related News

DSWD Eyes Livelihood Program for Vendors Amid Pandemic

The Department of Social Welfare and Development (DSWD) is planning to give a P15,000 livelihood aid to vendors amid the COVID-19 pandemic. DSWD says that vendors are one of the most affected individuals during these trying times. DSWD Undersecretary Restituto Macuto said that they are still waiting for President Duterte to approve of the program. […].....»»

Source: Metrocebu MetrocebuCategory: NewsSep 23rd, 2020Related News

Globe Says PH Broadband Cost Dropped by 60% Since 2016

Globe Telecom reported on Tuesday that the cost of broadband has dropped by more than 60 percent since 2016. The drop in prices is attributed to investments and the overall improvement in the country’s network, such as the use of 4G/LTE, upcoming 5G services, and fiber optic cables that improved the overall speed and quality […].....»»

Source: Metrocebu MetrocebuCategory: NewsSep 23rd, 2020Related News

Rubber Tree Farmers in Zamboanga Sibugay ‘Bounce Back’ During the Pandemic

For the past 28 years, Goodyear Agrarian Reform Beneficiaries Multi-Purpose Cooperative (GARBEMCO) has relied mainly on their 1000-hectare rubber and intercropped plantation to generate income for their 312 members who are Agrarian Reform Beneficiaries (ARBs). But the COVID-19 crisis early this year dealt their rubber trading business with a heavy blow. “GARBEMCO’s rubber trading halted […].....»»

Source: Metrocebu MetrocebuCategory: NewsSep 23rd, 2020Related News

Accenture Announces Its Cloud First with $3B Investment

Accenture announced the formation of Accenture Cloud First with a $3 billion investment over three years to help its clients across all industries rapidly become “cloud-first” businesses and accelerate their digital transformation to realize greater value at speed and scale. “COVID-19 has created a new inflection point that requires every company to dramatically accelerate the […].....»»

Source: Metrocebu MetrocebuCategory: NewsSep 22nd, 2020Related News

Fuel Marking Program Revenue Tops P130B

Taxes collected by the government starting from the fuel marking program implementation up until mid-September amounted to P131.17 billion, according to data from the Department of Finance (DOF). The taxes are from the total of 12.71 billion liters of oil such as Diesel, Gasoline, and Kerosene. The Bureau of Customs (BOC) accounts for a large […].....»»

Source: Metrocebu MetrocebuCategory: NewsSep 22nd, 2020Related News

Cebu City Construction Sector to Improve Safety Against COVID-19

After following reports of the increased transmission of COVID-19 among construction workers, the Emergency Operations Center (EOC) is looking for more effective ways of battling COVID-19 in the construction sector. EOC head and Cebu City councilor Joel Garganera said that recent reports of the increase of transmission among construction workers were alarming, and finding ways […].....»»

Source: Metrocebu MetrocebuCategory: NewsSep 22nd, 2020Related News