Home 2019 August 11

Daily Archives: August 11, 2019 | 11:59 pm

CTA rejects Hedcor appeal of refund ruling

THE COURT of Tax Appeals (CTA) denied a motion for reconsideration filed by Hedcor, Inc. over the denial of its 2011 tax refund claim amounting to P50.66 million, citing lack of merit.

Davao City hotels gearing up for Kadayawan Festival crowd

KADAYAWAN, Davao City’s biggest annual festival, draws a bigger crowd than the Christmas and dry-season holiday seasons, and hotels here are all set for the visitor surge during much of August.

Parañaque City launches permit express lane system

THE Department of Interior and Local Government (DILG) said Parañaque has launched an express lane to expedite dealings with companies doing business with the city.
Department of Finance (DoF)

DoF sees inflation falling further as food prices ease

FINANCE Undersecretary Gil S. Beltran said inflation is expected to ease further in the second half, bringing the 2019 average towards the lower end of the 2.7-3.5% target band for the year.
Court of Tax Appeals-CTA

Tax Appeals court rules against BIR after assessment by unauthorized officer

THE Court of Tax Appeals (CTA) affirmed the cancellation of the P151.3 million alleged tax deficiency of an oil trading firm after it was assessed by an unauthorized revenue officer (RO).


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Project management in the transformative age

New platforms and drivers of productivity are creating new possibilities at unprecedented speeds, with steady advances in robotics, cognitive technologies and intelligent automation. To remain relevant and competitive, businesses are looking to implement digital strategies to keep up with the speed of change.

Anti-corruption body to probe flagged agencies

THE Presidential Anti-Corruption Commission (PACC) will investigate officials and employees of government agencies that were recently flagged for corruption, Chairman Dante L. Jimenes said by telephone on Friday.

Palace asks police to hasten Chinese death investigation

THE PRESIDENTIAL palace on Sunday urged the police to hasten its investigation into the death of a handcuffed Chinese national who fell from the sixth floor of a building in Las Piñas City.

State auditors cite Iloilo’s ‘extravagant’ expenses

THE COMMISSION on Audit (CoA) has called out some employees and officials of the Iloilo City local government for “excessive and extravagant” travel expenses.

Suicide bomb suspect denies allegations

ONE OF TWO alleged suicide bombers who slipped into the country from Sri Lanka has denied being one in a filing at the National Bureau of Investigation, the military said yesterday.

US says yes to DFA’s help request in search for missing plane, student pilot

FOREIGN AFFAIRS Secretary Teodoro L. Locsin, Jr. on Sunday reached out to the United States for assistance in locating a missing plane and student pilot in Aurora.

Naboc River dredging to start October

DREDGING OF the Naboc River, which is contaminated with mercury and cyanide due to mining activities in Mt. Diwalawal, is targeted to start by October as part of the ongoing rehabilitation program.

Cebu City forms task force to beef up tax collection

MAYOR EDGARDO C. Labella has issued an executive order (EO) creating a task force to profile, inspect, and map all real properties and business establishments in Cebu City to intensify the collection of taxes and fees.

Messages of peace on Eid’l Adha celebration

MUSLIMS IN the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) held prayers Sunday in observance of the Eid’l Adha, or the Feast or Festival of the Sacrifice.

DoST to help dengue detection kit manufacturer speed up production

THE DEPARTMENT of Science and Technology (DoST) is planning to assist the local company that produces the Biotek-M™ Dengue aqua Kit to manufacture more for distribution to a wider area.

Salceda files proof-of-parking space bill to regulate car purchase

ALBAY 2ND District Rep. José María Clemente “Joey” S. Salceda has filed a bill that aims to regulate the purchase of motor vehicles by requiring buyers from Metro Manila to show proof of a parking facility.

Rice tariffication problems and measures to deal with them

Calls for the review of the rice tariffication law at this point are premature as it has been less than a year since it started being implemented. Farmers have yet to receive the assistance which the rice competitiveness enhancement fund (RCEF) offers. Agriculture secretary William D. Dar had just assumed his post, pledging to implement the law effectively. I don’t see any evidence at this point that the lawmakers of the 17th Congress made a big mistake passing this law.

Agritourism

Last year, my wife and I went on a trip to Spain, specifically to visit the wine vineyards of Bodegas Frutos Villar. Situated in the city Valladolid in Castilla y León, the city is where the Pisuerga, Duero, and Esgueva rivers converge. These bodies of water are what help irrigate five famed wine regions -- Ribiera del Duero, Rueda, Toro, Tierra de Leon, and Cigales. Valladolid was the capital of Spain during the era of King Philip III in the early 1600s and the center of Spanish political life. The city is teeming with historical sites and old world splendor.

How goes the economy?

On Monday last week, 15 economists polled by BusinessWorld -- 11 from banks and financial institutions and four from the academe -- were sure gross domestic product (GDP) growth in the second quarter (April to June) would have leaped to 5.9% from the nasty fall in the first quarter to 5.6% (the lowest in four years) after the hopeful 6.3% quarter-growth at year end 2018. Perhaps they were encouraged by Secretary of Socio-Economic Planning Ernesto M. Pernia’s assurance last June that though the second-quarter growth will “not be as strong as the third quarter would be,” a 6.5% GDP growth for the year would be “attainable.”

Lee Kuan Yew

August 9 is the National Day of Singapore. On this day, Singapore commemorates its independence from Malaysia.

Gilas Pilipinas ends Spain training on winning note

THE Philippine national men’s basketball team ended its sojourn in Spain, part of its FIBA World Cup preparations, on a winning note, defeating Ivory Coast, 73-63, on the final day of the Torneo de Malaga on Sunday, Manila time.

UAAP Season 82 to feature triple-header play dates

SEASON 82 of the University Athletic Association of the Philippines kicks off on Sept. 4 with triple-header play dates one of its distinct features.

Beermen tie KaTropa after Game Four win

THE best-of-seven Philippine Basketball Association Commissioner’s Cup finals series between the San Miguel Beermen and TNT KaTropa is now tied at two games apiece after the former hacked out a 106-101 victory in Game Four on Sunday at the Smart Araneta Coliseum.

PFL: Stallion Laguna FC, Ceres-Negros winners in Aboitiz Pitch in Batangas

THE Philippines Football League made a return to the Aboitiz Pitch in Lipa City, Batangas, on Saturday with Stallion Laguna FC and Ceres-Negros FC emerging as winners.

Excitement, charity highlighted anew at Resorts World Manila’s Run With Me X

THE AWARD-winning annual celebrity-led fun run for charity of Resorts World Manila (RWM) happens for a fourth year later this month with organizers promising yet again an exciting day of activities and gathering for a cause.

MLB: Odorizzi quiets Cleveland Indians as Minnesota Twins reclaim 1st in AL Central

LOS ANGELES -- Max Kepler and Marwin Gonzalez homered, and Jake Odorizzi pitched 5 2/3 shutout innings to pick up his 13th win as the Minnesota Twins reclaimed sole possession of first place in the AL Central with a 4-1 victory over the Cleveland Indians on Saturday night in Minneapolis.

Serena Williams, Naomi Osaka top Forbes list of best-paid female athletes

NEW YORK -- Naomi Osaka’s Grand Slam title wins at the US and Australian Opens have helped catapult the Japanese tennis player up to second, behind Serena Williams, in Forbes’ list of the highest-paid female athletes over the last year.

Rogers Cup: Nadal to meet Medvedev for Montreal title after Monfils injury

MONTREAL -- Rafa Nadal will play Russia’s Daniil Medvedev for the Rogers Cup title in Montreal on Sunday after injured Frenchman Gael Monfils withdrew from his semifinal match with the Spanish top seed on Saturday.

Rejected

Carmelo Anthony had to have been devastated that his request to join Team USA for the FIBA Basketball World Cup was turned down. Even as he had been experiencing one rejection after another of late, he figured with no small measure of optimism that Jerry Colangelo, managing director of USA Basketball, would consider adding him to the roster headed to China late this month. After all, he isn’t just any 35-year-old journeyman pro whose best days are decidedly behind him; he’s the country’s best-ever international player, among only four in hoops annals to have four Olympic medals and the only one in history with three golds in the Summer Games.