SOURCE PRODUCTS FROM MSMES, INCLUDE THEM IN THE VALUE CHAIN: SEC. LOPEZ TELLS FILIPINO-CHINESE BUSINESSES PASAY

 Department of Trade and Industry (DTI) Secretary Ramon Lopez called on Filipino-Chinese business owners and conglomerates to support micro, small, and medium enterprises (MSMEs) by purchasing their materials and input requirements locally. “We urge our Filipino-Chinese businesses to partner with us in creating more opportunities for our countrymen. Source your raw materials and products from […]

SGMA AT FFCCCII CONVENTION

Former President and now House Speaker Gloria Macapagal-Arroyo on Friday received a warm welcome from the officers and members of the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII). Speaker Arroyo delivered the keynote speech for the 32nd Biennial Convention of the FFCCCII which was held at the Manila Hotel Tent. She thanked […]

Opening Ceremony of the 32nd Biennial Convention of the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII)

President Rodrigo Roa Duterte lauded the Filipino-Chinese community for their contribution towards nation building during the Opening Ceremony of the 32nd Biennial Convention of the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) at the SMX Convention Center in Pasay City. In his message, President Duterte recognized the FFCCCII as an important partner […]

Over 400K workers regularized in 2018

MANILA — Over 400,000 contractual workers have been given permanent employment as part of the anti-“endo” campaign of the government, the Department of Labor and Employment (DOLE) reported on Wednesday. Labor Secretary Silvestre Bello III said that from January to December 3, a total of 411,449 private sector employees were regularized by their employers. “I know […]

Wage hike for NCR workers takes effect Nov 22

MANILA — The Department of Labor and Employment (DOLE) on Monday announced that the PHP25 increase in the minimum wage for workers in Metro Manila will take effect on November 22. In a press briefing, DOLE Secretary Silvestre Bello III said the latest salary increase of National Capital Region (NCR) employees will be effective 15 days […]

DOLE defends presence of thousands of Chinese workers

The growing presence of thousands of Chinese workers in the Philippines has become a cause of concern for some Filipinos, even as the Department of Labor and Employment (DOLE) defended issuing half of all Alien Employment permits (AEPs) to these Chinese nationals. According to a Tuesday report on GMA News TV program “State of the […]

Acting DICT chief may stay till June

Eliseo Rio Jr. may remain as the acting chief of the Department of Information and Communications Technology (DICT) at least through June. A source with knowledge on the matter told The Manila Times Rio, a retired military general, might keep his position “until end of June” or longer, as President Rodrigo Duterte has yet to […]

Economy grows 6.1% in 4Q 2018; 6.2% in 2018

Gross Domestic Product (GDP) posted a 6.1 percent growth in the fourth quarter of 2018, resulting in the 6.2 percent full-year growth for 2018. The main drivers of growth for the quarter were Construction; Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods; and Other Services. Among the major economic sectors during the fourth quarter of 2018, […]

Malacañang backs BIR call to register offshore gaming operators

MANILA — Malacañang on Monday backed the Bureau of Internal Revenue’s (BIR) decision to require foreign and Philippine offshore gaming operators (Pogo) to register with the Philippine Amusement and Gaming Corporation (PAGCOR) before their licenses to operate can be renewed. Presidential Spokesperson Salvador Panelo described this development as a “good measure” since it also aims to […]

BIR misses 2018 revenue target

The Bureau of Internal Revenue (BIR) fell short of its P2.043-trillion revenue target for 2018, collecting only P1.961 trillion in taxes last year, BIR Assistant Commissioner for Collection Services Alfredo Misajon reported to the House Committee on Ways and Means Tuesday. The BIR official said the collection shortfall reached P82.04 billion or 4.01 percent as […]

PH finishes 19th in Asian Games

JAKARTA – The Philippines pulled off an unexpected four-gold medal harvest in the 18th Asian Games that came to a close on Sunday — but the improved performance was still lacking in almost all departments. The gold medals in weightlifting, golf and skateboarding placed Team Philippines at No. 19 among 37 of the 45-nation Games that […]

Catriona Gray named Miss Universe 2018

MANILA – Catriona Gray became the fourth Filipina to be crowned Miss Universe after she won the prestigious beauty pageant in Bangkok, Thailand on Monday. Gray redeemed herself from her runner-up finish in the 2016 Miss World by living up to the hype of her being the heavy favorite to win it all, as she prevailed […]

Sep 2018 arrivals up by 6.76%

MANILA— The foreign tourist arrivals to the Philippines in September 2018 is 6.76 percent higher than the same period last year. At least 512,240 international tourists visited the country last month, making the overall arrivals since January this year 4,950,683, or about 8.32 percent higher than 2017. South Korean remains as the country’s top market […]

Boracay reopens to public after 6-month rehab

BORACAY — One of the world’s leading tourist destinations, Boracay Island, reopened its doors to holidaymakers on Friday, following six months of intensive rehabilitation. The Department of Tourism said as of Thursday (Oct. 25), a total of 157 accommodation establishments were given green light by the Boracay Inter-Agency Task Force to accept visitors. The task force […]

PH posts 7.1M record-breaking tourist arrivals

MANILA — The Philippines has set a record-breaking 7.1 million international tourist arrivals in 2018, the Department of Tourism (DOT) reported Thursday. Data from the DOT showed that at least 7,127,168 foreign tourists visited the country, the “highest ever number” in the Philippines’ tourism industry, surpassing the 6,620,908 arrivals in 2017 by 7.68 percent. “This is […]

BIR wins P12 billion tax evasion case

The Court of Tax Appeals (CTA) has sentenced a gold trader of up to 10 years in jail for filing false income tax returns (ITR) for the years 2005 to 2009. BIR(Manila Bulletin File Photo) The Court’s Third Division also ordered Rex Chua Co Ho to pay the Bureau of Internal Revenue (BIR) deficiency income […]

RR No. 21-2018

RR No. 21-2018 Provides regulations implementing Section 249 (Interest) of the National Internal Revenue Code (NIRC) of 1997, as amended under Section 75 of RA No. 10963 (TRAIN Law) (Published in Manila Bulletin on September 17, 2018

RMO No. 42-2018

RMO No. 42-2018 Amends certain portion of RMO No. 29-2014 relative to the prescribed uniform format and procedures for the issuance of Certifications on the Existence of Outstanding Tax Liabilities of Taxpayers

RR No. 20-2018

RR No. 20-2018 Provides the implementing rules and guidelines on the imposition of Excise Tax on sweetened beverages pursuant to the provisions of RA No. 10963 (TRAIN Law) (Published in Manila Bulletin on August 24, 2018)

RR No. 18-2018

RR No. 18-2018 Amends specific provisions of RR No. 8-2016 particularly certain guidelines on the processing of applications for Tax Clearance for bidding purposes (Published in Manila Bulletin on August 6, 2018)

DOLE revokes PEZA deal, sets stricter labor inspection

Date Posted: January 31st, 2018 04:43 PM Prompted by incidents of fire in economic zones, Labor Secretary Silvestre Bello III has revoked the agreement of the Department of Labor and Employment (DOLE) with the Philippine Economic Zone Authority (PEZA) ceding to the latter the authority to inspect establishments in export zones. With the move, the […]