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Tag: Vince Angelo C. Ferreras
HOUSE appropriations committee Chair and Davao City 3rd District Rep. Isidro T. Ungab said Tuesday that no changes have been made to the proposed P4.1-trillion national budget following recent procedural hurdles thrown up against the 2020 general appropriations bill (GAB).
SENIOR House legislators intervened to keep the P4.1 trillion 2020 Budget on track after moves to withdraw the budget bill raised the prospect of setbacks to the approval timetable, threatening a repeat of the infighting over the 2019 spending program, which was four months delayed.
REP. JOSE MA. S. SALCEDA, the ways and means committee chair from Albay’s 2nd district, said the Corporate Income Tax and Incentives Reform Act (CITIRA) will be rendered ineffective by the Department of Trade and Industry’s (DTI) proposal to implement a longer transition period for current fiscal incentives.
A LEGISLATOR has filed a bill seeking incentives for Overseas Filipino Workers (OFWs) setting up businesses in the Philippines.
A LAWMAKER has filed a bill which removes non-teaching responsibilities from the shoulders of teachers and faculty members in state-run schools. Among this non-administrative work is manning the school clinic and the guidance office, and the like.
A BILL seeking to renew the franchise of ABS-CBN Corp. for another 25 years has been re-filed at the Senate.
THE PHILIPPINE Amusement and Gaming Corp. (PAGCOR) said Thursday that it will regulate the practice of financing casino players after cases of abduction due to unpaid debts.
THE Technical Education Skills and Development Authority (TESDA) said Thursday that no funds were allocated to implement the Tulong Trabaho Act, which was signed into law this year.
THE HOUSE of Representatives’ Economic Affairs committee on Wednesday approved a bill that will limit the 40% foreign ownership cap on public utilities to electricity distribution and transmission as well as water distribution and sewerage pipeline systems, in effect opening up sectors like transport and telecommunications.
THE HOUSE committees on Economic Affairs and Trade and Industry have approved a bill which seeks to remove restrictions on foreigners practicing their professions in the Philippines.
A CONGRESSMAN has filed a resolution seeking to investigate a government program on the early release of convicted criminals for good conduct, after an uproar against a plan to free former Calauan Mayor Antonio Sanchez, a convicted rapist and murderer.
A LAWMAKER filed a bill seeking to extend the franchise of ABS-CBN Corp.’s telecommunications unit by another 25 years, as ABS-CBN Convergence, Inc. looks to focus on the wireless broadband business.
THE 18TH CONGRESS has begun hearings on the proposed P4.1-trillion national budget for 2020, with the House of Representatives targeting committee approval by Sept. 11 and final approval in plenary session by Oct. 4 before lawmakers take a month-long break.
A LEGISLATOR has filed a bill proposing health warnings on the packaging of alcoholic beverages and in restaurant menus offering such drinks.
THE Commission on Audit (CoA) said the Technical Education and Skills Development Authority (TESDA) failed to utilize training funds worth P201 million dating back to 2002.
THE MEASURE increasing excise taxes on alcohol products and e-cigarettes bagged third and final reading at the House of Representatives on Tuesday.
THE Commission on Audit (CoA) said the National Electrification Administration (NEA) released P10.45-billion worth of subsidies to 102 electric cooperatives between 2012 and 2014, while failing to fully account for previously released subsidies.
THE Commission on Audit (CoA) has raised questions about the selection process adopted by the Metropolitan Waterworks and Sewerage System (MWSS) for the contractor of the New Centennial Water Source- Kaliwa Dam Project.
NATIONAL Economic and Development Authority (NEDA) Secretary Ernesto M. Pernia said the newly established Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) must immediately address issues of poor economic performance and poverty.
A MEMBER of the House of Representatives has filed a bill to charge a P1 tax on residential electricity bills to fund environmental and disaster management programs.
DEFENSE Secretary Delfin N. Lorenzana on Friday expressed his annoyance over the continuous presence of Chinese warships in Philippine waters.
THE Commission on Audit (CoA) flagged a Civil Aviation Authority of the Philippines (CAAP) insurance investment saying it was done without approval of the Board members and without adequate criteria for the selection 10 insured officers.
THE BILL reducing the corporate income tax and streamlining fiscal incentives will likely be approved on second reading in the House of Representatives in two weeks, the head of the chamber’s Ways and Means committee said on Thursday.
THE TRADE DEPARTMENT is seeking to add provisions to the Security of Tenure (SoT) bill making workers’ pensions portable when they transfer jobs, Secretary Ramon M. Lopez said.
A SECOND key tax reform -- which slashes corporate income tax rates but also streamlines investors’ perks -- hurdled a committee of the House of Representatives a day after another measure, which raises alcohol products’ excise tax rates, bagged approval from the same body.
THE Quezon City government said it has established a task force to minimize road congestion during the construction of five national infrastructure projects in the city.
THE Commission on Audit (CoA) said the Civil Aviation Authority of the Philippines (CAAP) failed to provide supporting documents for payments arising from land rented from Philippine Airlines in Bacolod and Ozamiz.
THE DEPARTMENT of Interior and Local Government (DILG) has expressed support to the Baguio City local government’s proposal to implement a one-year moratorium on the construction of high-rise buildings in the country’s summer capital.
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.
THE COMMISSION on Audit (CoA) has called out some employees and officials of the Iloilo City local government for “excessive and extravagant” travel expenses.