Cost of shifting to federalism only P17.6B: Con-com TWG
BusinessMirror - 2018-09-09
Although the Con-com is proposing four new high courts, including the Federal Supreme Court, Tamayo excluded the cost for the Federal Supreme Court since it is not classified as an additional cost ...

SC junks P12-T reward bid of Marcos wealth informer
BusinessMirror - 2018-09-09
Lihaylihay anchored his claim on two letters dated March 11, 1987, which he sent to lawyer Eliseo Pitargue, the former head of the Bureau of Internal Revenue-Presidential Commission on Good ...

A perfect storm
BusinessMirror - 2018-09-09
He is a member of the Management Association of the Philippines (MAP) National Issues Committee and MAP Task Force for Taxation.

Was Leviste solar firm given undue edge with tax, regulatory perks in franchise bill?
BusinessMirror - 2018-09-09
OPPOSITION stakeholders have thumbed down the proposal granting tax and regulatory incentives to Solar Para Sa Bayan Corporation (SPSBC). In a statement, 1PACMAN Partylist Reps. Mikee Romero and ...

Govt targeting to set up Polo in China
BusinessMirror - 2018-09-09
Amid the expected increase in the number of overseas Filipino workers (OFWs) in China, the Department of Labor and Employment (DOLE) is planning to put up a new Philippine Overseas Labor Office ...

Military chief belies rumblings within ranks
Sun Star - 2018-09-09
In the same statement, Galvez said the General Court Martial proceedings against Trillanes will be on hold pending the Supreme Court's decision on a petition challenging the constitutionality of Presidential Proclamation 572. Proclamation 572, which was ...

The structural weaknesses of the Philippine economy
BusinessWorld - 2018-09-09
3) Labor rigidities, in the form of high minimum or entry-level wages and highly restrictive labor security regulations and 4) The restricted rural land market due to CARP laws and overregulation by the Department of Agrarian Reform. Take, for example ...

P12-trillion reward? Supreme Court says no to 'Marcos wealth informant'
Rappler - 2018-09-09
Lihaylihay presented two letters dated March 1987 sent to Eliseo Pitargue, then-head of the Bureau of Internal Revenue-Presidential Commission on Good Government, in which he stated the supposed location of the Marcos family's ill-gotten wealth.

Trillanes: Duterte 'paranoid' about ouster talk
CNN Philippines - 2018-09-09
Metro Manila (CNN Philippines, September 9) -- Senator Antonio Trillanes IV said President Rodrigo Duterte is paranoid. The senator was referring to an earlier statement made by Duterte that the ...

Duterte says 'bright' Calida researched Trillanes amnesty issues
Rappler - 2018-09-08
The President also reiterated his position that he would not seek a warrantless arrest of Trillanes. "If the Supreme Court would say that my proclamation is null and void, then let it fall. If affirmed or sustained, it's the military now," he said ...

On the Trillanes case: Who is Judge Elmo Alameda?
Rappler - 2018-09-08
MANILA, Philippines (UPDATED ... Makati City Regional Trial Court (RTC) Branch 150 Judge Elmo Alameda is a University of the East alumnus. He was a prosecutor for 16 years and has been a judge for over a decade, according to Clerk of Court Diosfa ...

President Duterte vows to help undocumented Filipinos
Philippine Information Agency - 2018-09-08
Labor Secretary Silvestre Bello III, Trade and Industry Secretary Ramon Lopez, National Security Adviser Hermogenes Esperon Jr., Chief Presidential Legal Counsel Salvador Panelo, Presidential Spokesperson Harry Roque, Senator Richard Gordon, and Philippine ...

Killing dissent
thestandard.com.ph - 2018-09-08
It was easier because after all, Duterte had, and still has, the numbers in the Supreme Court. Sereno is known to have a mind of her own. She was not a Duterte appointee and, therefore ...

Labor champ
thestandard.com.ph - 2018-09-08
Committee on Accounts Chairperson and Leyte (1st District) Rep. Yedda Marie K. Romualdez (fourth left) was visited by her uncle and Labor Champion and ALU-TUCP Party-List Rep. Raymond Democrito ...

PH can afford shift to federal gov't: ConCom member
Philippine Information Agency - 2018-09-08
We do not want the revenue assignment and the expenditure assignment to be misunderstood, as what happened in the recent case involving the Internal Revenue Allotment (of local government units)," he said. Teehankee said ConCom members welcome the econom ...

Duterte bares 'lesson learned' for Trillanes after amnesty voidance
CNN Philippines - 2018-09-08
Calida also filed the quo warranto petition against Sereno. This was granted by the Supreme Court on May 11. Chief Justice Teresita Leonardo de Castro, one of the eight magistrates who voted ...

Bicol workers get P30 wage-increase
Rappler - 2018-09-08
"The prevailing socio-economic conditions of the region as well as the viability of various business were among those considered by the board in coming up with the amount," said said DOLE-Bicol director Alvin Villamor, chair of the Regional Tripartite ...

Italian minister faces probe into treatment of stranded migrants
Rappler - 2018-09-08
And Hungarian Prime Minister Viktor Orban has described Europe as divided into "two camps" - one that wants to end illegal immigration and another that is pro-migration. Most of those aboard the Diciotti were Eritreans, along with a small number of ...

Trillanes still a free man; court yet to rule on arrest
thestandard.com.ph - 2018-09-07
It is therefore imperative that a hold departure order be issued directing the Commissioner of the Bureau of Immigration to prevent him from leaving the Philippines during the pendency of this ...

Bigger fuel discounts for PUVs sought
thestandard.com.ph - 2018-09-07
The bill aims to reduce the corporate income tax by two percent every 2 years beginning 2021 until 2029. By then, the CIT would have been brought down to 20 percent from 30 percent now.

Helping the government collect
thestandard.com.ph - 2018-09-07
The bulk, worth P2.039 trillion, is expected to come from the Bureau of Internal Revenue, while P581.3 billion shall be generated by the Bureau of Customs. As reported by the Bureau of Treasury ...

Jobless rate declined to 5.4% in July
thestandard.com.ph - 2018-09-07
Unemployment rate declined to 5.4 percent in July from 5.6 percent a year ago, as the labor force added nearly half a million workers this year, data from the Philippine Statistics Authority show.

Justice Peralta in charge of Trillanes Supreme Court petition
Rappler - 2018-09-07
MANILA, Philippines - The Supreme Court (SC) petition of Senator Antonio Trillanes IV was raffled off Friday, September 7, to Associate Justice Diosdado Peralta, a court insider confirmed to Rappler. The special raffle was conducted on Friday after ...

Trillanes turns to music to de-stress ahead of impending arrest
UNTV - 2018-09-07
"The AFP is mindful that Sen. Trillanes IV has already filed his petition before the Supreme Court. We will defer commenting on the merits of the case in deference to the sub judice rule," he said. The DND, meanwhile, also preferred not to comment ...

WV inflation rate hits 7.4%
The Visayan Daily Star - 2018-09-07
With this surge of inflation in the region, both business and labor leaders in Negros Occidental expressed their worries that it will get worse in the coming months given its continuous uptrend since the start of 2018. Records furnished the DAILY STAR by ...

Positive effect of TRAIN law not immediate - BTr
Philippine Information Agency - 2018-09-07
BTr is the custodian of government funds. Esmeralda said the collection of Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) will go to the treasury to fund the republic. If the government needs money, then we can provide, he said. For 2018 ...

Understanding inflation and why it is spreading anxiety and worry
InterAksyon - 2018-09-07
Business journals around the world have observed that the spike in prices, coupled with the effects of the Tax Reform Acceleration and Inclusion Law, has slowed down household spending, a key economic driver, in the past few months. The prices of food and ...

British Airways hacked with details of 380,000 bank cards stolen
Rappler - 2018-09-07
Earnings after taxation flew to 1.4 billion euros ($1.6 billion) in the first six months of 2018 compared with 607 million euros a year earlier, IAG said in a results statement. The London-listed group, which is also the owner of Irish airline Aer Lingus ...

IBP: Judiciary must protect independence amid Trillanes case
CNN Philippines - 2018-09-07
The Justice Department could also take its request to the Court of Appeals and Supreme Court, Fajardo said. The Armed Forces of the Philippines (AFP) also said Trillanes was back to military ...

Here are the administration officials who deny they wrote The New York Times op-ed
CNN Philippines - 2018-09-07
Among the officials to speak out are Vice President Mike Pence, Secretary of State Mike Pompeo, Director of National Intelligence Dan Coats and Defense Secretary James Mattis. The op-ed is written ...

Panelo: Motion for Trillanes warrant can be elevated to Supreme Court
CNN Philippines - 2018-09-06
Metro Manila (CNN Philippines, September 6) -- Should the regional trial court (RTC) not issue a warrant of arrest against Senator Antonio Trillanes IV, the government would bring the issue to ...

Portugal continues to attract Filipino visitors and investors
BusinessMirror - 2018-09-06
"Portugal has been a popular country for people who are looking to relocate themselves, their family, as well as their business into Europe. Portuguese are very friendly people, and furthermore ...

On the political influence of wealth
BusinessMirror - 2018-09-06
A recent study of nine European countries between 1941 and 2014 showed that the more income inequality widened, the more legislative agendas narrowed on issues like law enforcement, immigration ...

DoLE sets standards for Japan caregiver interns
BusinessWorld - 2018-09-06
DoLE said in a statement on Friday that the Philippine Overseas Employment Administration (POEA) "shall carry out the accreditation of supervising/implementing organizations to implement the TIT for the care worker job category." DO 188-B, signed by ...

DoLE sets standards for Japan caregiver interns
BusinessWorld - 2018-09-06
DoLE said in a statement on Friday that the Philippine Overseas Employment Administration (POEA) "shall carry out the accreditation of supervising/implementing organizations to implement the TIT for the care worker job category." DO 188-B, signed by ...

Migration truce shatters in Germany after mob violence
Rappler - 2018-09-06
BERLIN, Germany - A tense truce within German Chancellor Angela Merkel's conservative camp imploded Thursday, September 6, after her hardline interior minister defended protests marred by neo-Nazi violence and blasted immigration as "the mother of all ...

Business sentiment lowest since 2010 -- BSP
CNN Philippines - 2018-09-06
Metro Manila (CNN Philippines, September 6) -- Business sentiment is at an eight-year low caused by a number of economic factors, according to the latest survey of the Bangko Sentral ng ...

Philippines detains 34 Chinese men for working illegally
Rappler - 2018-09-06
MANILA, Philippines - The Philippines detained 34 Chinese men for working illegally at a construction site in Pasay City, after they allegedly arrived as tourists then got employed as construction workers without securing work permits. The Bureau of ...

Will the 4-day work week work for Filipinos?
CNN Philippines - 2018-09-06
Manila (CNN Philippines Life) -- On Aug. 2017, the House of Representatives approved the four-day work week "to promote business competitiveness, work efficiency, and labor productivity."

Who is the Makati judge handling Trillanes' amnesty case?
CNN Philippines - 2018-09-06
The Justice Department has turned to Presiding Judge Andres Bartolome Soriano of Makati City Regional Trial ... Bachelor of Laws from the Ateneo de Manila University in 1983 and was admitted ...

Budget Chief: More jobs will make higher prices tolerable
CNN Philippines - 2018-09-06
The PSA's Labor Force Survey, however, also showed underemployment -- or the number of full-time workers who seek additional hours of work -- increased to 17.2 percent or an estimated 7 million ...

Chiong: Naga to increase annual budget for 2019
Sun Star - 2018-09-05
Another infrastructure project that the City has pursued this year is the expansion of the City of Naga Jail and Detention Center (CNJDC ... which can provide minor medical services to 35 patients at a time. The VCMH also provides diagnostic services ...

Jobless rate eases, underemployment rises in July 2018
philstar.com - 2018-09-05
MANILA, Philippines -- Unemployment in the country eases as the jobless rate in July dropped to 5.4 percent from 5.6 percent in the same month last year, although high underemployment continues to persist, data from the Philippine Statistics Authority ...

Can legal interest be charged on delayed grant of tax refunds?
BusinessMirror - 2018-09-05
In those cases, the Supreme Court clarified that when the judgment of the court awarding a sum of money becomes final and executory, legal interest may be imposed. In cases where the court grants ...

Labor and social rules for Industry 4.0
BusinessMirror - 2018-09-05
social protection and social justice in the digital era are somehow relegated to the background by the numerous media accounts on how business and jobs shall be "disrupted" or "displaced ...

Tell it to SunStar: Expanded maternity leave benefit
Sun Star - 2018-09-05
This is a step forward to improving maternal health care, at least for the working sector. We genuinely hope that this bill will be signed into law by President Duterte. We however note that while this bill, when enacted, will provide an enabling ...

Trillanes amnesty: 3 error zones
Sun Star - 2018-09-05
They succeeded at the Supreme Court but are still paying the p.r. cost. Reason for assault The principle behind the assault on the senator was explained by senior presidential counsel Salvador Panelo thus: The state has the right to protect itself.

Trillanes to challenge voiding of amnesty
BusinessWorld - 2018-09-05
Mr. Trillanes presented to reporters his 2007 clearance of service from the Armed Forces of the Philippines (AFP) which henceforth accorded him the status of a civilian. "The Department of National Defense (DND) has no jurisdiction over me," the ...

BIR to collect P1.95T by end of year thru TRAIN
Philippine Information Agency - 2018-09-05
Macarambon shared we have remaining five more packages for TRAIN. TRAIN two includes corporate income tax. Package 1+ is tax amnesty. Package two plus is reforms in taxation of sin taxes. Next is royalty on mining corporations. Package 4 is real property ...

Gov't 'did little or nothing' to stop 6.4% August inflation
Rappler - 2018-09-05
MANILA, Philippines - Albay 2nd District Representative Joey Salceda said the government only has itself to blame for the country's inflation rate reaching 6.4% in August. "Ultimately, the 6.4% was really due to the fact that we did little or nothing.

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