Clik here to view.
#AskTheTaxWhiz: VAT or non-VAT taxpayer?
I am a registered professional earning below P3 million (the value-added tax or VAT threshold), but I recently read that taxpayers may register as a VAT taxpayer even if the gross revenues fall below...
View ArticleClik here to view.
Higher inflation in 2019 if rice tariffication not passed – Diokno
MANILA, Philippines – If lawmakers fail to pass the rice tariffication bill, inflation would be slightly higher for 2019, according to Budget Secretary Benjamin Diokno.In a media briefing on Wednesday,...
View ArticleClik here to view.
After NAIA runway mess, CAAP backs creation new airport dev't body
MANILA, Philippines – The Civil Aviation Authority of the Philippines (CAAP) supports the proposed creation of the Philippine Airport Development Corporation (PADC), following a runway accident at the...
View ArticleClik here to view.
Grab: We'll do everything until P10M fine is reversed
MANILA, Philippines – Ride-hailing giant Grab Philippines maintained the controversial P2-per-minute charge they imposed was legal, saying they will appeal the P10 million fine.The Land Transportation...
View ArticleClik here to view.
Economic managers pressure Piñol to curb soaring inflation
MANILA, Philippines – President Rodrigo Duterte's economic managers pointed to the agriculture sector's problems as the reason for inflation hitting another 9-year high of 6.4% in August.Bangko Sentral...
View ArticleClik here to view.
Gov't spending peaks by 34% to P328.1 billion in July 2018
MANILA, Philippines – The Philippine government has reached its peak on spending, with disbursements amounting to P328.1 billion in July or a 34% increase from the same period in 2017.Budget Secretary...
View ArticleClik here to view.
PH, Israeli businessmen sign 21 deals during Duterte trip
MANILA, Philippines – Israeli and Philippine business groups and companies, including one Philippine government corporation, signed 21 deals during President Rodrigo Duterte's visit to Jerusalem, 6 of...
View ArticleClik here to view.
LTFRB allows all ride-hailing firms to charge P2/min of travel
MANILA, Philippines – The Land Transportation Franchising and Regulatory Board (LTFRB) has allowed all ride-hailing companies to charge P2 per minute of travel. Memorandum Circular 2018-019 takes...
View ArticleClik here to view.
Cebu Pacific now flies daily from Clark to Macau
MANILA, Philippines – Budget airline Cebu Pacific Air will now fly daily from Clark International Airport in Pampanga to Macau in China.The Gokongwei-led carrier announced on Wednesday, September 5,...
View ArticleClik here to view.
Gov't 'did little or nothing' to stop 6.4% August inflation
MANILA, Philippines – Albay 2nd District Representative Joey Salceda said the government only has itself to blame for the country's inflation rate reaching 6.4% in August. "Ultimately, the 6.4% was...
View ArticleClik here to view.
IN CHARTS: This is how bad August 2018 inflation looks like in regions
MANILA, Philippines – The country's inflation in August accelerated to 6.4%, a level which hasn't been seen in nearly a decade.The numbers look much worse when broken down per region.Bicol's inflation...
View ArticleClik here to view.
Robredo to Duterte gov't: 'Stop dismissing inflation as sign of growing economy'
MANILA, Philippines – Vice President Leni Robredo urged the Duterte administration to “stop dismissing” the impact of high inflation and instead start addressing the spike in food prices.Robredo made...
View ArticleClik here to view.
Philippine peso weakens further to 13-year low
MANILA, Philippines – The Philippine peso continued its losing streak for the fourth trading day of the week, closing at P53.8 to $1 on Thursday, September 6.This is the lowest level of the peso since...
View ArticleClik here to view.
Business confidence in Q3 sinks to 8-year low
MANILA, Philippines – Businesses' outlook on the economy for the 3rd quarter of the year dipped to 30.1%, the Business Expectations Survey (BES) of the Bangko Sentral ng Pilipinas (BSP) showed on...
View ArticleClik here to view.
LOOK: Cooking pinakbet under sizzling inflation
MANILA, Philippines – "Kung gusto mo magtipid, kumain ka ng gulay."(If you want to be frugal, eat vegetables.)Vegetable dishes like pinakbet are the go-to dish for people who want to save up some cash...
View ArticleClik here to view.
Consumers turn gloomy over Philippine economy in Q3 2018
MANILA, Philippines – Consumer confidence on the economy dipped to negative territory at -7.1% during the 3rd quarter, as prices of goods shot up in 2018.The latest Consumer Expectation Report by the...
View ArticleClik here to view.
China's trade surplus with U.S. hit new record in August
BEIJING, China – China's trade surplus with the United States ballooned to a new record $31 billion in August despite a raft of US tariffs, official data showed Saturday, September 8, adding fuel to...
View ArticleClik here to view.
IN PHOTOS: Vegetable prices go down in Benguet as rain eases
BAGUIO, Philippines – Prices of vegetables in Benguet went down as rain from the southwest monsoon or hanging habagat eased.Benguet Governor Crescencio Pacalso said the supply of semi-temperate...
View ArticleClik here to view.
Jack Ma to unveil succession plans, not imminent retirement – report
BEIJING, China – Alibaba co-founder and chairman Jack Ma will unveil a succession plan on Monday, September 10, the South China Morning Post reported Sunday, September 9, with a company spokesman...
View ArticleClik here to view.
Expensive sili in markets? Plant your own, says Piñol
MANILA, Philippines – Social media was on fire after reports that the price of sili or red chili pepper reportedly soared to as much as P1,000 per kilo in markets.Agriculture Secretary Emmanuel Piñol...
View Article