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Piñol wants to legalize smuggled rice in Zamboanga-Basilan area
MANILA, Philippines – After saying it was smuggled rice that caused sky-high prices in Zamboanga-Basilan-Sulu-Tawi-Tawi (Zambasulta), Agriculture Secretary Emmanuel Piñol is considering to legalize...
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#AskTheTaxWhiz: Top questions of the self-employed, professionals
As a professional or a self-employed individual, how do I apply for a taxpayer identification number (TIN) with the Bureau of Internal Revenue (BIR)? I also heard about the 8% tax for self-employed...
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Sugar farmers oppose URC mill purchase in Nasugbu
BATANGAS CITY, Philippines – Close to 80,000 Batangas sugar workers and their families are protesting the plan of food manufacturing giant Universal Robina Corporation (URC) to acquire another sugar...
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Taming rice prices: What lawmakers, experts say
MANILA, Philippines – Agriculture Secretary Emmanuel Piñol expects rice prices to "stabilize" by November this year or during harvest season.However, he said we "shouldn't dream" for prices to drop all...
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House OKs Arroyo bill creating ‘Timbangan ng Bayan’ in all markets
MANILA, Philippines – The bill seeking to establish “Timbangan ng Bayan” centers in all publicly-and privately-run markets nationwide was approved by the House of Representatives on Wednesday, August...
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NFA chief faces graft complaint for misusing rice funds
MANILA, Philippines – National Food Authority (NFA) Administrator Jason Aquino is facing a graft complaint for diverting P5.1 billion meant for buying rice to pay off the agency's debts.The Samahang...
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'Fumigate the bigger pests' in rice crisis: hoarders, price speculators
MANILA, Philippines – House Majority Leader Rolando Andaya urged the government to go after rice hoarders and price speculators as parts of the country continue to face a rice crisis."Tirisin din ang...
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Job losses seen under Trabaho bill
MANILA, Philippines – The Philippine Ecozones Association (Philea) warned that the Tax Reform for Attracting Better and High-Quality Opportunities (Trabaho) bill would have a negative impact on foreign...
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Coca-Cola buys coffee chain Costa for £3.9B
LONDON, United Kingdom – Coca-Cola on Friday, August 31, said it had agreed to buy global coffee chain Costa from its UK owner Whitbread for £3.9 billion ($5.1 billion)."Hot beverages is one of the few...
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NEDA pitches roadmap for federalism shift
MANILA, Philippines – The National Economic Development Authority (NEDA) made public the agency’s proposal on how to shift to a federal form of government.In a statement, NEDA proposed that the shift...
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RAM upgrades Philippines' credit rating
MANILA, Philippines – The Philippines got a credit rating upgrade from Kuala Lumpur-based RAM Rating Services Berhad for the country’s sustained growth.RAM announced on Thursday, August 30, that they...
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Inflation expected to jump even higher in August 2018
MANILA, Philippines – Government agencies and various investment houses expected inflation, or the movement of prices of goods, to jump even higher in August.The Department of Finance (DOF) announced...
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Piñol: Report rice hoarders, earn P250,000
MANILA, Philippines – Citizens who have vital information on rice hoarders can earn as much as P250,000 if they report incidents to the Department of Agriculture (DA).Agriculture Secretary Emmanuel...
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Recordings of Xiamen Air flight in NAIA runway mishap back in Manila
MANILA, Philippines – Readouts of the flight data recorder and cockpit voice recorder from Xiamen Air flight MF8667, which were brought to SIngapore on August 23, were returned to Manila last Friday,...
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Reorganize NFA Council, include agriculture dept – Villarin
MANILA, Philippines – A National Food Authority (NFA) which lacks authority – this was the sentiment of some legislators during the second budget briefing of the agency on Monday, September 3....
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PH among 'top performers' in Asia on sustainable trade
MANILA, Philippines – The Philippines is a top performer among low income economies in Asia in sustaining long-term trade.Hinrich Foundation's Sustainable Trade Index 2018 showed on Tuesday, September...
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Canceled PH flights to and from Osaka due to Typhoon Jebi, September 4
MANILA, Philippines – Philippine Airlines (PAL) announced 5 pm on Tuesday afternoon, September 4, it was canceling all flights to and from Osaka, Japan due to the effects of Typhoon Jebi.The typhoon...
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Canceled PH flights to and from Osaka due to typhoon Jebi, September 5
MANILA, Philippines – Philippine Airlines (PAL) released a 7 pm advisory saying the following September 5 flights to Kansai International Airport have been canceled due to Typhoon...
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Amazon tops $1 trillion in stock market value
NEW YORK, USA – Amazon became the second big US company to hit $1 trillion in stock market value in the latest demonstration of the rising clout of American technology heavyweights.The online retail...
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Inflation surges to 6.4% in August 2018, exceeds estimates
MANILA, Philippines (UPDATED) – Inflation or the increase in the prices of goods climbed to another 9-year high, hitting 6.4% in August.The latest figure, announced by the Philippine Statistics...
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