Home 2019 June 16

Daily Archives: June 16, 2019 | 11:51 pm

Trends in the food industry

The food service industry in the Philippines is growing at a phenomenal rate and everyone wants a part of it.

Hong Kong’s rights and freedoms

Hong Kong might be called the unwanted love child of the British and the Chinese, from an ill-fated port romance, when Western merchant sailors crossed vast oceans for half a year to see what could be had from the beautiful East.

Why President Duterte’s senate bets won

Why did President Duterte’s Senate bets win?

Hope and change

Several years ago, I, a starry-eyed millennial, had a chance to visit South Africa. It was a learning experience.

Napocor projects in Palawan qualify for expedited approvals

THE Department of Energy (DoE) has designated Palawan capacity addition and transmission projects proposed by the National Power Corp. (Napocor) as energy projects of national significance (EPNS), a milestone that allows for expedited approvals for such projects.

Fruit exports, auto parts imports seen key to South Korea FTA

THE Department of Trade and Industry (DTI) said it will seek to balance of the interests of the agriculture industry, which wants to export more produce to South Korea, and the auto and parts industry, which might be disadvantaged by Seoul’s demands for lower tariffs for its products.

Recruiters of Hong Kong-bound domestic workers agree to code of conduct

A RECRUITMENT organization authorized to hire workers bound for Hong Kong has signed an agreement with the International Labor Organization (ILO) to observe best practices in recruiting domestic workers.

Multiple agencies regulating mining foster corruption — PIDS

THE regulatory regime for the mining industry creates corruption opportunities because of the need to obtain clearances from multiple agencies, according to government think tank the Philippine Institute of Development Studies (PIDS).

CTA rejects BoC appeal on PAL P137.1-M tax refund

THE Court of Tax Appeals (CTA) has denied for lack of merit a motion for reconsideration filed by the Bureau of Customs (BoC) over the P137.1-million tax refund granted to Philippine Airlines, Inc. (PAL) in connection with the airline’s imports of aviation fuel.

Foreign debt rises 1.9% in first quarter vs. end-2018

EXTERNAL debt rose 1.9% quarter-on-quarter to $80.4 billion in the first three months, equivalent to 24% of gross domestic product (GDP), according to the Bangko Sentral ng Pilipinas (BSP).
Court of Tax Appeals-CTA

San Miguel Brewery excise tax refund partly granted

THE Court of Tax Appeals (CTA) has partially granted the excise tax refund claim of San Miguel Brewery, Inc. worth P44.5 million, which was erroneously collected on its beer products in 2015.

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VAT refund claims under the TRAIN Law

Taxpayers are sometimes reluctant to file VAT refund claims because it triggers a mandatory VAT audit, not to mention the need to submit voluminous of documents and the uncertainty of when the processing will be completed. Any delay in the processing of a VAT refund claim may cause cash flow problems to the claimant because the input VAT remains unutilized when it could have been invested or used as working capital.

Cabinet clusters to tackle Filipino boat’s sinking

CABINET Secretary Karlo Alexei B. Nograles on Sunday said there will be a joint cluster meeting on Monday to tackle the reported sinking of a Filipino fishing boat by a Chinese vessel.

Top diplomat to UN: Respect sovereignty

FOREIGN Affairs Secretary Teodoro L. Locsin Jr. renewed the Philippines government’s commitment towards keeping international order, but advised the United Nations (UN) to respect sovereign principle.

CoA flags PNOC receivables

LOANS amounting to P70.090 million from the Natural Resources Development Corporation (NRDC) have remained uncollected by the Philippine National Oil Company (PNOC) for more than 10 years, the Commission on Audit (CoA) said in a report.

Manila Water issues advisory on water service

SEVERAL barangays in the cities of Manila, Pasig, and Makati may experience water supply interruptions due to valve and line maintenance to be conducted by Manila Water, the company said in an advisory.

Expropriation hearing continues on July 2 as Iloilo court denies PECO’s motion to suspend...

THE REGIONAL Trial Court Branch 37 in Iloilo City has set on July 2 the continuation of the hearings on the application for writ of possession of MORE Electric and Power Corp. (MORE Power), after it denied Panay Electric Co.’s (PECO) plea to stop the proceedings.

Region eyed as tourist attraction

THE DEPARTMENT of Tourism (DoT) is looking at transforming Region 4-B or the Mimaropa Region 9 Mindoro Occidental, Mindoro Oriental, Marinduque, Romblon, and Palawan) into a world-class tourist attraction through adding more airline flights and water routes in the area.

Moratorium on oil projects may not be lifted soon

ALMOST two years after President Rodrigo R. Duterte said he might order the lifting of the moratorium on all oil and gas projects in the West Philippines Sea, including Service Contract 72 in the highly disputed Recto Bank, the Palace is unsure whether the lifting will still push.

Drug rehab program gets boost

INDIVIDUALS in the Davao Region who have themselves in for drug rehabilitation will soon get help from the Yakap Bayan Framework Intervention whose P57.3-million financial assistance will help them start livelihood activities and capacity building, said Dahlia S. Padillo of the Department of Social Welfare and Development.

DoTr, airlines to determine penalties on flight delays

THE DEPARTMENT of Transportation (DoTr) and at least three airline companies are set to decide June 24 on the amount of penalties to be imposed on “unreasonable” flight delays at the Ninoy Aquino International Airport (NAIA), according to Transportation Secretary Arthur P. Tugade.

Unpaid bills at PAF flagged

THE COMMISSION on Audit flagged the Philippine Air Force (PAF) for its laxity in imposing sanctions on military personnel for unpaid electricity and water bills and delinquent occupancy in its housing facilities.

Woodland holds nerve to stay top at US Open

PEBBLE BEACH, CA. -- An ice cool Gary Woodland held his nerve under mounting pressure to secure a one-shot lead heading into the final round of the US Open after seeing off challenges from Justin Rose and Brooks Koepka at Pebble Beach on Saturday.

Gilas FIBA World Cup preparations start rolling

WITH the FIBA Basketball World Cup in China less than three months away, the Philippine national men’s basketball team is girding to get its preparations going, looking to put in as much practice time as possible to have a competitive showing in the global hoops spectacle.

PFL: Kaya races to third win in a row; Stallion routs Mendiola

KAYA FC-Iloilo kept its unblemished record in the Philippines Football League intact while Stallion Laguna FC was a big winner in league action on Saturday.

Aussie Hill takes Stage Three of Le Tour; Dutch Meijers still overall leader

LEGAZPI CITY, ALBAY -- Australian Samuel Hill of Team Nero Bianchi outlasted a pair of Filipino challengers in the final stretch to claim his first-ever lap victory in Stage Three even as Dutch Jeroen Meijers of Taiyuan Miogee Cycling Team of China clung to the Air21 purple jersey in the 10th Le Tour de Filipinas on Sunday.

Pasig Kings win Chooks-to-Go Pilipinas 3×3 Patriot’s Cup’s first leg in Cebu

CEBU CITY -- In case anyone forgot, the Gold’s Gym-Pasig Kings are the gold standard in Philippine 3x3 basketball.

Confluences of events

Competition never stops in the National Basketball Association. For those locked in battle for the ultimate prize, the next challenge comes in the here and now. It’s why the Raptors managed to hog news headlines for all of one day before their status as champions became overshadowed by subsequent events. As they celebrated in Las Vegas, they found themselves alongside the supposedly woebegone Lakers, fresh off a tumultuous season and a still-hazy offseason and yet already installed as favorites for the 2020 title following a triumphant bid for all-world Anthony Davis.