Halting TRAIN ‘will do more harm than good’
THE Budget secretary has ruled out suspending the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) law, citing the potential disruption to...
Senator seeks trigger to suspend TRAIN
SENATOR Paolo Benigno A. Aquino IV on Wednesday said he intends to file a bill amending Republic Act No. 10963 or the Tax Reform...
April tax collections, gov’t spending surge — DoF
TAX COLLECTIONS and government disbursements continued to surge in April, the Department of Finance (DoF) said.
Citing preliminary estimates from the Bureau of the Treasury,...
Civil servants’ midyear bonuses due next week
THE GOVERNMENT will start issuing midyear bonuses to civil servants by May 15, the Department of Budget and Management (DBM) said.
“Starting May 15, more...
Why not make FQ like EQ?
By Renz Anthony K. Boaloy
With the passage of the Tax Reform for Acceleration and Inclusion (TRAIN) law, tax forms have been revised and new tax forms have been...
NEDA puts officials on notice over PDP targets
THE National Economic and Development Authority (NEDA) said it has reminded government agencies of the need to hit targets outlined in the country’s medium-term...
Legislators call for review of TRAIN amid rising prices
LEGISLATORS from both houses of Congress called for the tax reform law implemented at the start of the year to be reviewed due to...
NFA rice tender for private suppliers scheduled for May 22
THE National Food Authority (NFA) will launch a tender for another 250,000 metric tons (MT) of rice on May 22, with the order to...
Draft bill raises tax cut of LGUs where plants are located
A DRAFT bill from the Department of Interior and Local Government (DILG), prepared with the assistance of the Asian Development Bank (ADB), hopes to...
DBP signs P9.5-B loan deal for construction of Clark gov’t center
THE Development Bank of the Philippines (DBP) signed a P9.5- billion loan deal with the construction firm AlloyMTD Holdings Philippines, Inc. for the development...
DoE orders oil firms to report cost breakdowns
THE Department of Energy (DoE) plans to require oil companies to report the breakdown of the costs that go into the pricing of fuel.
“Identification...
Chamber sees growing Korean interest in PHL English programs, jobs
SOUTH Korean students are expected to try their hand at landing jobs in the Philippines, starting with visits to improve their command of the...