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Daily Archives: March 4, 2018

Philippines lags in post-disaster reconstruction, says PIDS

While much has been done to boost disaster preparedness in the country, the country still lags behind in the aspect of post-disaster reconstruction, a study published by state think tank Philippine Institute for Development Studies (PIDS) revealed.

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Tax reform law not to blame for price spikes

Officials of the National Economic Development Authority (Neda), Department of Finance (DOF), Bangko Sentral ng Pilipinas (BSP), and the country’s leading economists attending the meeting of the Senate Committee on Economic Affairs, led by Sen. Win Gatchalian, were in consensus that several factors have pushed inflation up in January, and the tax reform that has recently taken effect has little …

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P4.25-B loan sealed for key Bulacan road

The government of the Philippines and Japan signed a 9.399-billion yen (amounting to approximately $89 million or 4.25 billion) loan agreement for the construction of the third phase of the Arterial Road Bypass Project that is designed to ease traffic congestion in Bulacan and spur economic growth in the province’s rural areas.

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Excise tax take exceeds Jan goal by 7.7% to P22B

Total actual excise tax collections for January 2018 reached P22.078 billion, or over 7.7 percent of the goal of P20.501 billion for that month and 81.69 percent higher compared to the P12.152 billion tax take in the same period last year, according to the Bureau of Internal Revenue (BIR).

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Top business minds to highlight ADB meet

Influential thinkers in the fields of international economics, history and digital technology are set to speak on global economic trends that will shape the world’s future during a forum to be hosted by the Philippines this May in a runup to the 51st Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) in Manila.

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Shut violators, not entire Boracay – Senators

Only violating establishments should be closed and not the entire island.

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Complaint vs boat captain over death of Chinese diver dismissed

The Provincial Prosecutor’s Office in Negros Oriental has issued a resolution dismissing the complaint filed against the skipper of a commercial motorboat that hit a Chinese national while diving in Apo Island in Dauin town that resulted in the latter’s death.

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398 wayward cops fired during the past 26 months

By Ben Cal The internal cleansing of the Philippine National Police (PNP) of wayward cops continues without letup with 398 policemen dismissed from the service, 167 of them drug-related cases during the past 26 months.

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Group elects officers, vows continued help to distressed OFWs

A non-government organization has recently elected its new set of officers and vowed anew to continue extending assistance to overseas Filipino workers (OFW) and their families in coordination with the concerned offices of the government and migrant workers’ recruitment agencies and foreign counterpart offices.

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SM Foundation renovates 1st Cebu City barangay health service unit

Lahug, Cebu City – In pursuit of its commitment to provide quality and excellent health services to the community it serves, the SM Foundation undertook the renovation of the Lahug Health Center to better address the health concerns of the residents of Brgy. Lahug.

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