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BICAMERAL debate on the proposed Corporate Income Tax and Incentives Rationalization Act (CITIRA) will have to contend with two issues -- the “sunset period” for weaning companies away from incentives, and the removal of taxation based on Gross Income Earned (GIE), a key legislator said.
WAYS and Means committee chair and Albay 2nd District Representative Jose Ma. Clemente S. Salceda said Wednesday that each congressman will receive P100 million for their districts in the proposed P4.1-trillion 2020 national budget, adding that the budget process so far has been free of “insertions.”
CUSTOMS BROKERS said they reject any attempts by the government to pin blame on them for corruption at the Bureau of Customs, with the industry saying it will “fight” to defend the livelihood of its nearly 12,000 licensed members and proposed instead that Malacañang focus on modernizing the bureau’s systems.
PRESIDENT Rodrigo R. Duterte said he will not fire the officials of the Bureau of Corrections (BuCor) who have acted “in good faith” in implementing the Good Conduct Time Allowance (GCTA) law.
PRESIDENT Rodrigo R. Duterte on Thursday inaugurated the Bataan Government Center and Business Hub, also known as “The Bunker.”
PRESIDENT Rodrigo R. Duterte had not agreed to ignore an arbitration court ruling that voided China’s claims to more than 80% of the South China Sea, in exchange for a joint oil and gas exploration of the disputed waterway dangled by its neighbor, his spokesman said yesterday.
PRESIDENT Rodrigo R. Duterte said his Chinese counterpart has offered Manila a controlling stake in a joint energy venture in the South China Sea, if it sets aside an international arbitral award that went against Beijing.
PRESIDENT Rodrigo R. Duterte has signed a measure expanding the territory of the Freeport Area of Bataan (FAB) to create more investment opportunities for the province.
PRESIDENT Rodrigo R. Duterte has ordered an investigation of the arson attack on the printing plant of a Manila-based tabloid, the presidential palace said yesterday, as it condemned the assault.
PRESIDENTIAL spokesperson and Chief Legal Counsel Salvador S. Panelo on Monday said President Rodrigo R. Duterte is determined to stop corruption at the national penitentiary and will be taking steps to achieve that.
PRESIDENT Rodrigo R. Duterte risks his popularity if he again transfers his sacked prison chief to another government post, analysts said.
THE presidential palace sees nothing wrong about President Rodrigo R. Duterte’s order to transfer 10 high-profile inmates to a Marine facility in Taguig.
THE Department of Interior and Local Government (DILG) wants President Rodrigo R. Duterte to hasten the issuance of an order creating a body that will resolve issues between the national government and the newly established Bangsamoro Autonomous Region in Muslim Mindanao.
THE Department of Agriculture (DA) said Wednesday that its quarantine measures are working against an unspecified hog disease outbreak in unidentified parts of the country, amid fears that African Swine Fever (ASF)may have reached the Philippines.
The Department of Agriculture (DA) on Wednesday signaled a possible crackdown on rice hoarders, who are suspected because rice prices at retail are not drifting lower in line with the plunge in farmgate prices for palay, or unmilled rice.
PRESIDENT RODRIGO R. Duterte has issued an executive order transferring the chairmanship of the Pasig River Rehabilitation Commission (PRRC) to the Department of Environment and Natural Resources from the Department of Budget and Management (DBM).
PRESIDENT Rodrigo R. Duterte and Chinese President Xi Jinping on Thursday witnessed the signing of six bilateral agreements between the Philippines and China, including a $219-million loan for the Philippine National Railways (PNR) South Long Haul Project.
CHINESE President Xi Jinping on Thursday refused to recognize the 2016 arbitral ruling that voided China’s claims to more than 80% of the South China Sea even as his “old friend” Philippine President Rodrigo R. Duterte insisted that the decision was “final, binding and not subject to appeal.”
PRESIDENT Rodrigo R. Duterte has issued an executive order directing all national government agencies to revert all accounts payable which “remain outstanding for at least two years and for which no actual claim has been filed” to the national coffers.
CHINA has no authority to force the Philippines to ban online gambling involving Chinese nationals as part of its effort to crack down on a practice that supposedly causes illegal outflow of money, according to Philippine Ambassador to China Jose Santiago L. Sta. Romana.
FOUR SITES in Luzon — three in Ilocos Sur and one in Nueva Ecija — have been declared as new “tourist destinations” in the country and will be given priority for development.