The Department of Finance (DOF) said the implementation of the Comprehensive Tax Reform Program (CTRP) generated P202.8 billion additional revenues in 2022. In a statement over the weekend, the DOF said the total collection last year was higher by 26.3 percent from P160.5 billion revenue in 2021. Finance Secretary Benjamin Diokno said the higher collections was due to the “full …
Read More »TimeLine Layout
May, 2023
-
31 May
People testing positive for COVID-19 down to 22% in NCR
The positivity rate or the number of people testing positive for the coronavirus disease 2019 (Covid-19) in the National Capital Region (NCR) has decreased to 22 percent as of May 27. In a tweet on Monday, OCTA Research Group fellow Dr. Guido David said the figure was over a 3 percent decrease from the region’s positivity rate of 25.7 percent …
Read More » -
31 May
Etiqa Philippines makes insurance more affordable by pioneering ‘Insure Now, Pay Later’
Periods of high inflation challenge the financial security of people and businesses. Regionally, inflation in Southeast Asia has seen a small increase from December 2022 to January 2023. Meanwhile, the Philippines’ 8.6% inflation rate currently stands as the highest in Southeast Asia for February 2023. From a macro perspective, this weakens the growth of the nation’s economy. From a micro …
Read More » -
31 May
NCSC turns back hands of time; meets leaders of SC groups in Bagac, Bataan
The threat of reported super typhoon “Betty” had no effect to the brave senior citizens of Bagac, Bataan as dozens of them trooped to the venue where the dialogue consultation was held in Bgy. Parang Bagac, Bataan. Comm. Rainier Cruz kicked off ceremonies with a highly informative speech that touched on the senior citizens’ right to legit discounts on travel …
Read More » -
30 May
VOLVO EVs
Volvo Cars’ commitment to all-out electrification in 2017 has been recognized by the United Nations and other global environmental non-profit groups for its ground-breaking electrification strategy. Even before sustainability became trendy in the automotive sphere, Volvo was already leading the pack in its efforts to curb its carbon footprint. Recognizing that cars are part of the ecological problem, Volvo owned …
Read More » -
30 May
Autohub Group opens 2 Kia dealerships
The Autohub Group of Willy Tee-Ten successfully launched not one, but two Kia dealership simultaneously in one day middle of last week which boosted the rapid expansion of Kia Philippines in the country. The Kia Otis and Kia Marikina were opened one after the other with lots of fanfare and attended by imported Kia Philippines and Autohub Group officials and …
Read More » -
30 May
Hyundai cars in new Spider movie
Hyundai Motor Company and Sony Pictures are joining forces again this summer on “Spider-Man: Across the Spider-Verse,” the animated movie featuring a flying version of the company’s prophecy concept EV model and its future mobility vision that also spotlights Hyundai’s acclaimed Ioniq all-electric vehicles. The collaboration stems from a global promotional partnership that Hyundai Motor inked with Sony Pictures in …
Read More » -
30 May
Scania Touring goes to Bicol
BJ Mercantile, Inc., the exclusive distributor of Scania in the country, recently turned over four Scania Touring buses to Cagsawa Travel and Tours, Inc., the safest and cleanest bus company in the Bicol region with hospitable drivers and spacious cabins. The Swedish-built Scania Touring is set to provide passengers the utmost comfort and convenience with its electronically controlled air suspension, …
Read More » -
30 May
Exhilarating 2023 PHRX Rally in Clark
The first round of the 2023 Philippine Rallycross Series (PHRX) went off to a dizzying start last weekend at the New Clark City in Capas, Tarlac. There were 12 special stages that took place on the dirt, gravel, and muddied roads of Capas and covered a total distance of over 60 kilometers. Results were still being tabulated as of press …
Read More » -
30 May
Nexthub offers inexpensive Casa-like car care
The Nexthub Auto Care made its grand opening late last week with lots of fanfare at the main Autohub Showroom at the Bonifacio Global City in Taguig. The newest baby of Autohub of businessman Willy Tee-Ten, Nexthub is a car service center that aims to cater not only to those customers whose car warranty has already expired but also to …
Read More »
The Market Monitor Minding the Nation's Business