Alex Eala, Priska Nugroho sweep foes to win Australian Open crown

Despite missing out on singles success, the partnership of the Philippines’ Alex Eala and Indonesian Priska Madelyn Nugroho claimed the 2020 Australian Open junior girls’ doubles title, beating out Slovenia’s Ziva Falkner and Great Britain’s Matilda Mutavdzic in the Finals, 6-1, 6-2, Friday afternoon Manila time. Both Eala and Nugroho were ousted in the third […]

Tourism to take a hit over coronavirus, but Salceda sees growth of POGO

he country may expect a reduction of 0.1 to 0.4 percent “from baseline” of its expected economic growth this year as a result of the 2019 novel coronavirus (2019-nCoV) threat experienced worldwide. Albay Rep. Joey Sarte-Salceda, chairman of the House Committee on Ways and Means, said the overall impact of the 2019-nCoV concern will depend […]

PAGCOR imposes 10-day quarantine on POGO workers from countries hit by Wuhan virus

Metro Manila (CNN Philippines, January 28) – The Philippine Amusement and Gaming Corporation has directed offshore gaming operators in the country to impose a 10-day quarantine on their employees arriving from countries affected by the novel coronavirus. The new coronavirus or 2019-nCoV that originated from the Chinese city of Wuhan has left at least 106 […]

GDP posts 6.4 percent growth in the fourth quarter of 2019; 5.9 percent for full-year 2019

eference Number: 2020-013 Release Date: 23 January 2020 GDPGross Domestic Product (GDP) posted a year-on-year growth of 6.4 percent in the fourth quarter of 2019, resulting in the 5.9 percent full-year growth for 2019. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods; Manufacturing; and Construction were the main drivers of growth for […]

BIR pushes 8-percent income tax option to taxpayers

The Bureau of Internal Revenue (BIR) has advised self-employed and professional taxpayers to avail themselves of the 8 percent income tax rate in lieu of the graduated and higher income tax schedules and percentage tax to avoid investigation and submission of supporting documents. The advisory came out as Revenue Deputy Commissioner for Operations Arnel Guballa […]

POGO tax collections reach P6.42 billion in 2019

MANILA, Philippines — Tax collections from Philippine offshore gaming operators (POGO) and their service providers rose to P6.42 billion last year amid the government’s strengthened crackdown against delinquent companies, according to the Department of Finance (DOF). According to the latest data from the DOF, the government saw a P4.04 billion, or 169-percent, jump in tax […]

BIR to file criminal charges vs. CPAs signing records of dubious taxpayers

The Bureau of Internal Revenue (BIR) said it will file criminal charges against certified public accountants (CPA) who signed the financial statements of business taxpayers that can no longer be located (CBL). Informed sources said revenue regional directors in Metro Manila and elsewhere have instructed their revenue district officers (RDO) to start listing down the […]

BIR collected P 2.170 T tax in 2019

The Bureau of Internal Revenue (BIR) has already accumulated collection of P2.170 trillion last year. Revenue Deputy Commissioner for Operations Arnel Guballa said they expect to garner a total of P2.2 trillion when all collection reports come in. Finance Secretary Carlos Dominguez III has expressed earlier full satisfaction over the BIR’s collection performance despite the […]

Double pay for work on New Year’s Day

News Release Department of Labor and Employment December 29, 2019 Double pay for work on New Year’s Day Private sector workers who will report for work on January 1 (New Year’s Day), which is a regular holiday, should get paid twice their regular daily wages, the labor department reminded employers. This is contained in Labor […]

Holiday pay rules out

News Release Department of Labor and Employment 16 December 2019 Holiday pay rules out The labor department reminded private sector employers to properly pay their workers who will report for work during the December holidays. To guide employers, Labor Secretary Silvestre Bello III issued Labor Advisory No. 12, series of 2019, which prescribes the proper […]

CNO a requirement for alien permit

Foreign nationals who intend to work in the Philippines are now required to secure a Certificate of No Objection from the labor department before they can be issued the appropriate visa and permits from concerned government agencies. The rule is spelled out in Department Order No. 205, series of 2019 or the ‘Implementing Guidelines on […]

Hidilyn Diaz bags 2 bronze medals in 2019 IWF World Championships

2016 Olympic silver medalist Hidilyn Diaz bagged two bronze medals in the 2019 International Weightlifting Federation (IWF) World Championships women’s 55kg category Friday (Saturday, Manila time) in Pattaya, Thailand. Hidilyn Diaz of Philippines (AP file Photo/Firdia Lisnawati) Diaz copped two bronzes after lifting 121 kg in clean and jerk discipline and 214 kg in total. […]

Gymnast Carlos Yulo captures historic world championship gold

Carlos Yulo came through with a performance to remember in the floor exercise and captured the historic first gold medal in the 49th FIG World Artistic Championships in Stuttgart, Germany on Saturday night. Carlos Edriel Yulo of the Philippines, center and gold medal, Artem Dolgopyat of Israel, left and silver medal, and Xiao Ruoteng of […]

Wesley So whips World No. 1 Magnus Carlsen, captures World Fischer Random Chess title

Grandmaster Wesley So outclassed reigning world classical titlist Magnus Carlsen 13.5-2.5 to emerge as the inaugural champion of the World Fischer Random Chess Championship in Hovikodden, Norway on Sunday. Wesley So, center, during the awarding ceremony. (Photo courtesy of tournament website) It was a one-sided affair for So, who was born in Cavite but who […]

PHL visitor arrivals reach 6.16 million, up 14.37% year-on-year

Manila, Philippines – the Philippine tourism industry remains in a sweet spot as the country’s inbound visitor count continues to see an upward trend, surpassing the six million mark at the end of September 2019. According to the latest data released by the Department of Tourism (DOT) in its monthly report, the Philippines received a […]

Duterte orders faster dev’t of rural ecozones, halt in metro

President Duterte has ordered government agencies to hasten the development of special economic zones (ecozones) in rural areas and halt the approvals of ecozones in Metro Manila. Duterte made the order through his Administrative Order (AO) No. 18 signed on June 17. President Rodrigo Roa Duterte (KIWI BULACLAC / PRESIDENTIAL PHOTO / MANILA BULLETIN) Based […]

50-year-old PH stock brokerage shuts down

One of the oldest stock brokerage firms in the country ceased operations earlier this week after its owners uncovered a long-running scam by a “trusted employee” that resulted in almost the entire investors of clients’ shares held by the firm being wiped out. The company—50-year-old R&L Investments Inc. based in Mandaluyong City, and a member […]

Philippine GDP grows by 6.2 percent in Q3 2019

Reference Number: 2019-187 Release Date: November 7, 2019 GDPGross Domestic Product (GDP) grew year-on-year by 6.2 percent in the third quarter of 2019. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods; Construction; and Financial Intermediation were the main drivers of growth for the quarter. Among the major economic sectors, Services posted the […]

BIR padlocks main office, 2 branches of tax-dodging POGO service provider

The Bureau of Internal Revenue (BIR) padlocked simultaneously Wednesday the main office and two branches of one of the biggest Philippine Offshore Gaming Operator (POGO) service providers in the country for alleged failure to register and pay the corresponding deficiency taxes amounting to P2 billion. Bureau of Internal Revenue (MANILA BULLETIN) Shuttered were the headquarter […]

BIR to close 20 more POGO restaurants

The Bureau of Internal Revenue (BIR) will padlock 20 more colorum restaurants in the Makati, Pasay, and Parañaque areas that cater exclusively to Philippine Offshore Gaming Operators (POGO) employees. Bureau of Internal Revenue (MANILA BULLETIN) Initial reports reaching the office of Revenue Deputy Commissioner for Operations Arnel Guballa showed that the eateries were found to […]

Tax on POGOs stays — BIR

The Bureau of Internal Revenue (BIR) said Tuesday it will continue to tax the Philippine Offshore Gaming Operators (POGOs) despite the pronouncement of the Office of the Solicitor General (OSG) that the business is exempt from taxation. (MANILA BULLETIN) Citing Section 4 of the Tax Code, Revenue Deputy Commissioner for Operations Arnel Guballa stated that […]

6,678 foreigners working in POGOs are undocumented – DOLE

At least 6,000 foreign nationals employed in the Philippine offshore gaming operations (POGOs) are undocumented, the Department of Labor and Employment (DOLE) disclosed on Tuesday during the Senate deliberation on the P14.42-billion proposed budget of the DOLE for 2020. Department of Labor and Employment (MANILA BULLETIN) Senator Joel Villanueva, who presided over the hearing as […]

November holidays: Rules out

There are three holidays in the month of November, the subject of the latest advisory of the labor department prescribing proper payment of wages for private sector workers nationwide. In Labor Advisory No. 11 issued by Labor Secretary Silvestre Bello III, employers are reminded to observe and implement the proper payment of wages to their […]

Tax-free maternity benefits

Women workers and employees are entitled to receive tax-free maternity benefits under the expanded maternity leave law, according to the labor department. In Department Advisory No. 01-A, Series of 2019, Labor Secretary Silvestre Bello III said the salary differential paid by the private sector employer to women employees availing of the expanded maternity leave is […]

CNO a requirement for alien permit

Foreign nationals who intend to work in the Philippines are now required to secure a Certificate of No Objection from the labor department before they can be issued the appropriate visa and permits from concerned government agencies. The rule is spelled out in Department Order No. 205, series of 2019 or the ‘Implementing Guidelines on […]