The Department of Finance (DOF) kickstarted its series of stakeholder briefings for its refined priority tax measures recently to work with various groups to push for the measures’ immediate passage. Among the DOF priority measures are the Value-added Tax (VAT) on Digital Service Providers (DSP); the Imposition of Excise Tax on Single-use Plastics (SUPs); Package 4 of the Comprehensive Tax …
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The Government Service Insurance System (GSIS) announced that its emergency loan window is now open for GSIS members and pensioners who have been affected by the African swine fever in Oriental Mindoro. The pension fund has earmarked a total budget of P428 million to offer the financial assistance. Members with existing emergency loans are eligible to borrow up to P40,000 …
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The Marcos Administration remains committed to creating a favorable business environment to attract both local and foreign investments in the country, aiming to generate more high-quality employment opportunities. The National Economic and Development Authority (NEDA) made the statement following the release on March 8 of the Labor Force Survey (LFS) results for January, which showed an improvement in unemployment and …
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It is up to the mayor of San Simon, Pampanga, to take the appropriate action, including the issuance of a closure order, against smelting plants found to be violating the law, according to the Department of Environment and Natural Resources – Environmental Management Bureau (DENR-EMB). The DENR-EMB identified the erring companies as Global Aseana, Ecoseal Matallic Manufacturing Corporation, Chilwee Metallic …
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As early as January this year, Manila Water has already prepared its 3,273 fire hydrants to assist our firefighters and barangays, especially during the drier months. To date, Manila Water has checked and maintained the hydrants in the East Zone of Metro Manila and parts of Rizal. Quezon City Service Area (SA) was allocated the most Manila Water hydrants because …
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In 2028, construction of the P873.62 billion North-South Commuter Railway (NSCR) project will be completed and the trains will be up and running. Chairman Michael Ted Macapagal of the Philippine National Railways (PNR) made the announcement in a speech delivered at a meeting of the prestigious Rotary Club of Makati held at the New World Hotel last week. “All human, …
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The Philippine Charity Sweepstakes Office (PCSO) on Thursday confirmed that a minor glitch occurred during its 3-Digit game 2 PM draw on February 27, 2024 after one of its draw machines failed to capture one of the winning balls. The 3-Digit draw offers a top prize of P4,500 for each winning ticket. PCSO General Manager Mel Robles explained that their …
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College of Science (CS) Dean Giovanni Tapang held up a little white device as he finished his presentation. “This is a ₱150,000 component,” he described. “Isa lang gumagawa nito sa buong mundo, pero ang hirap pilitin sila na magregister sa PhilGEPS,” he continued, referring to the requirement that foreign companies must first register to the Philippine Government Electronic Procurement System …
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By Rose de la Cruz The Ombudsman is now investigating the sale of rice– mandated to be used for buffer stocking for relief operations during emergencies and calamities (both natural and man-made)– to select private millers and traders by the National Food Authority from 2023 to January this year. In an interview with broadcaster, Anthony ‘Tunying’ Taverna, Ombudsman Samuel Martirez …
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Kadiwa Pop up stores were launched last February 23 at the PHLPost Post Office branch located at the municipal compound of Mariveles in the Province of Bataan. Present during the ribbon cutting ceremony and presentation of exhibits are Atty. Ace Jello C. Concepcion, Mariveles Mayor, Angelito S. Rubia, Mariveles Vice-Mayor, Ms. Merma Lea R. Abalos, PHLPost Area Director, Northwest Luzon …
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The Market Monitor Minding the Nation's Business