Philippine Economic Recovery Program proposed by FFCCCII April 25, 2020 statement of Dr. Henry Lim Bon Liong, president of the Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII). Dr. Lim is also chairman of the Filipino Chinese Community Charity Foundation (FCCCF) comprised of 11 major Filipino Chinese civic and cultural groups led […]
Source: http://nwpc.dole.gov.ph/
Olympic silver medalist Hidilyn Diaz conquered the Weightlifting World Cup in Rome, Italy after smashing the competition in the women’s 55kg category. Diaz lifted 93kg in the snatch and 119kg in the clean and jerk for a total of 212kg, running away with three gold medals. Kamila Konotop of Ukraine took two silvers with total […]
Despite missing out on singles success, the partnership of the Philippines’ Alex Eala and Indonesian Priska Madelyn Nugroho claimed the 2020 Australian Open junior girls’ doubles title, beating out Slovenia’s Ziva Falkner and Great Britain’s Matilda Mutavdzic in the Finals, 6-1, 6-2, Friday afternoon Manila time. Both Eala and Nugroho were ousted in the third […]
Metro Manila (CNN Philippines, February 3) — A tourism expert said the country may lose up to P20 billion if the novel coronavirus outbreak extends until March. Speaking to CNN Philippines Politics as Usual, Tourism Congress of the Philippines President Jojo Clemente III said, “Based on estimates, if the virus lasts for another three months, […]
he country may expect a reduction of 0.1 to 0.4 percent “from baseline” of its expected economic growth this year as a result of the 2019 novel coronavirus (2019-nCoV) threat experienced worldwide. Albay Rep. Joey Sarte-Salceda, chairman of the House Committee on Ways and Means, said the overall impact of the 2019-nCoV concern will depend […]
Metro Manila (CNN Philippines, January 28) – The Philippine Amusement and Gaming Corporation has directed offshore gaming operators in the country to impose a 10-day quarantine on their employees arriving from countries affected by the novel coronavirus. The new coronavirus or 2019-nCoV that originated from the Chinese city of Wuhan has left at least 106 […]
eference Number: 2020-013 Release Date: 23 January 2020 GDPGross Domestic Product (GDP) posted a year-on-year growth of 6.4 percent in the fourth quarter of 2019, resulting in the 5.9 percent full-year growth for 2019. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods; Manufacturing; and Construction were the main drivers of growth for […]
The Bureau of Internal Revenue (BIR) has advised self-employed and professional taxpayers to avail themselves of the 8 percent income tax rate in lieu of the graduated and higher income tax schedules and percentage tax to avoid investigation and submission of supporting documents. The advisory came out as Revenue Deputy Commissioner for Operations Arnel Guballa […]
MANILA, Philippines — Tax collections from Philippine offshore gaming operators (POGO) and their service providers rose to P6.42 billion last year amid the government’s strengthened crackdown against delinquent companies, according to the Department of Finance (DOF). According to the latest data from the DOF, the government saw a P4.04 billion, or 169-percent, jump in tax […]
The Bureau of Internal Revenue (BIR) said it will file criminal charges against certified public accountants (CPA) who signed the financial statements of business taxpayers that can no longer be located (CBL). Informed sources said revenue regional directors in Metro Manila and elsewhere have instructed their revenue district officers (RDO) to start listing down the […]
The Bureau of Internal Revenue (BIR) has already accumulated collection of P2.170 trillion last year. Revenue Deputy Commissioner for Operations Arnel Guballa said they expect to garner a total of P2.2 trillion when all collection reports come in. Finance Secretary Carlos Dominguez III has expressed earlier full satisfaction over the BIR’s collection performance despite the […]
News Release Department of Labor and Employment 23 January 2020 Plus 30% wage awaits workers on Chinese New Year Workers who will report to work on January 25 which is observed as Chinese New Year will get full pay plus 30 percent of their basic pay. This was reiterated by Labor Secretary Silvestre H. Bello […]
News Release Department of Labor and Employment December 29, 2019 Double pay for work on New Year’s Day Private sector workers who will report for work on January 1 (New Year’s Day), which is a regular holiday, should get paid twice their regular daily wages, the labor department reminded employers. This is contained in Labor […]
News Release Department of Labor and Employment 16 December 2019 Holiday pay rules out The labor department reminded private sector employers to properly pay their workers who will report for work during the December holidays. To guide employers, Labor Secretary Silvestre Bello III issued Labor Advisory No. 12, series of 2019, which prescribes the proper […]
Foreign nationals who intend to work in the Philippines are now required to secure a Certificate of No Objection from the labor department before they can be issued the appropriate visa and permits from concerned government agencies. The rule is spelled out in Department Order No. 205, series of 2019 or the ‘Implementing Guidelines on […]
Grupo ng FFCCCII nagpaabot ng tulong sa mga biktima ng trahedyang dulot ng bulkang Taal
2016 Olympic silver medalist Hidilyn Diaz bagged two bronze medals in the 2019 International Weightlifting Federation (IWF) World Championships women’s 55kg category Friday (Saturday, Manila time) in Pattaya, Thailand. Hidilyn Diaz of Philippines (AP file Photo/Firdia Lisnawati) Diaz copped two bronzes after lifting 121 kg in clean and jerk discipline and 214 kg in total. […]
Carlos Yulo came through with a performance to remember in the floor exercise and captured the historic first gold medal in the 49th FIG World Artistic Championships in Stuttgart, Germany on Saturday night. Carlos Edriel Yulo of the Philippines, center and gold medal, Artem Dolgopyat of Israel, left and silver medal, and Xiao Ruoteng of […]
Grandmaster Wesley So outclassed reigning world classical titlist Magnus Carlsen 13.5-2.5 to emerge as the inaugural champion of the World Fischer Random Chess Championship in Hovikodden, Norway on Sunday. Wesley So, center, during the awarding ceremony. (Photo courtesy of tournament website) It was a one-sided affair for So, who was born in Cavite but who […]
Manila, Philippines – the Philippine tourism industry remains in a sweet spot as the country’s inbound visitor count continues to see an upward trend, surpassing the six million mark at the end of September 2019. According to the latest data released by the Department of Tourism (DOT) in its monthly report, the Philippines received a […]
President Duterte has ordered government agencies to hasten the development of special economic zones (ecozones) in rural areas and halt the approvals of ecozones in Metro Manila. Duterte made the order through his Administrative Order (AO) No. 18 signed on June 17. President Rodrigo Roa Duterte (KIWI BULACLAC / PRESIDENTIAL PHOTO / MANILA BULLETIN) Based […]
One of the oldest stock brokerage firms in the country ceased operations earlier this week after its owners uncovered a long-running scam by a “trusted employee” that resulted in almost the entire investors of clients’ shares held by the firm being wiped out. The company—50-year-old R&L Investments Inc. based in Mandaluyong City, and a member […]
Reference Number: 2019-187 Release Date: November 7, 2019 GDPGross Domestic Product (GDP) grew year-on-year by 6.2 percent in the third quarter of 2019. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods; Construction; and Financial Intermediation were the main drivers of growth for the quarter. Among the major economic sectors, Services posted the […]
The Bureau of Internal Revenue (BIR) padlocked simultaneously Wednesday the main office and two branches of one of the biggest Philippine Offshore Gaming Operator (POGO) service providers in the country for alleged failure to register and pay the corresponding deficiency taxes amounting to P2 billion. Bureau of Internal Revenue (MANILA BULLETIN) Shuttered were the headquarter […]
The Bureau of Internal Revenue (BIR) will padlock 20 more colorum restaurants in the Makati, Pasay, and Parañaque areas that cater exclusively to Philippine Offshore Gaming Operators (POGO) employees. Bureau of Internal Revenue (MANILA BULLETIN) Initial reports reaching the office of Revenue Deputy Commissioner for Operations Arnel Guballa showed that the eateries were found to […]
The Bureau of Internal Revenue (BIR) said Tuesday it will continue to tax the Philippine Offshore Gaming Operators (POGOs) despite the pronouncement of the Office of the Solicitor General (OSG) that the business is exempt from taxation. (MANILA BULLETIN) Citing Section 4 of the Tax Code, Revenue Deputy Commissioner for Operations Arnel Guballa stated that […]
At least 6,000 foreign nationals employed in the Philippine offshore gaming operations (POGOs) are undocumented, the Department of Labor and Employment (DOLE) disclosed on Tuesday during the Senate deliberation on the P14.42-billion proposed budget of the DOLE for 2020. Department of Labor and Employment (MANILA BULLETIN) Senator Joel Villanueva, who presided over the hearing as […]
There are three holidays in the month of November, the subject of the latest advisory of the labor department prescribing proper payment of wages for private sector workers nationwide. In Labor Advisory No. 11 issued by Labor Secretary Silvestre Bello III, employers are reminded to observe and implement the proper payment of wages to their […]
Women workers and employees are entitled to receive tax-free maternity benefits under the expanded maternity leave law, according to the labor department. In Department Advisory No. 01-A, Series of 2019, Labor Secretary Silvestre Bello III said the salary differential paid by the private sector employer to women employees availing of the expanded maternity leave is […]
Foreign nationals who intend to work in the Philippines are now required to secure a Certificate of No Objection from the labor department before they can be issued the appropriate visa and permits from concerned government agencies. The rule is spelled out in Department Order No. 205, series of 2019 or the ‘Implementing Guidelines on […]
DENR seeks to institutionalize IPs involvement in conservation
Gilas wins tune-up game vs. Congo ahead of FIBA World Cup
PNP gets P784-M worth of new police cars, guns
BSP issues risk management guidelines for investments
Bright future seen for PH capital market
Enhanced MOA on ease of doing business signed
Law raising sin tax on tobacco signed, vapor products taxed too
DavSur town eyes rise in tax collection in next 3 years
CTA junks Petron’s P68-M alkylate tax refund claim
DOLE on track on pushing measures vs. contractualization
Manila meeting to tackle translation professionalization
DOLE-12 releases livelihood aid for poor workers in SoCot
Laid-off workers can apply for unemployment insurance: DOLE
Sustainable tourism: Luring tourists, protecting nature’s gems
El Nido rehab sans closure still viable: DOT
DOT all-out support for Manila tourism development
Tourists to enjoy Manila Bay beach walk soon
