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#AskTheTaxWhiz: What if my employer doesn’t pay my income taxes?
Dear Mr. Tax Whiz: I just read your article in Entrepreneur Philippines about the guide for professionals in paying their taxes. It's so timely!Here's my story. I'm a graphic designer. I was employed...
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Carpooling app helps Manila commuters create transport fixes
MANILA, Philippines – To get to her office everyday, IT professional Christine Sioson readies herself for at least two hours of travel time. She wakes up early to catch a UV Express shuttle from her...
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8 promising green energy startups share in P1M funding
MANILA, Philippines – Some of the country’s most promising green energy startups were given a boost in an effort find new ways to solve the Philippines’ huge energy gap.Eight firms, chosen from a field...
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PCC: San Miguel telco deal rushed to evade PCC rules
MANILA, Philippines – The P69-billion deal to buy all of San Miguel Corporation's telecommunication businesses was done in a hurry to allegedly "evade" the the Philippine Competition Commission's...
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Japan's economic growth fizzles out in second quarter
TOKYO, Japan (UPDATED) – Japan's economy stalled in the April-June quarter, data showed Monday, August 15, missing market forecasts and rekindling worries about the government's faltering bid to stoke...
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NAIA Expressway section to open soon
MANILA Philippines – More than 3 years after the project was awarded, the Philippines is set to open a section of the 7.1-kilometer Ninoy Aquino International Airport Expressway (NAIAX) within the...
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DMCI Mining to lay off 400 workers as DENR stops expansion
MANILA, Philippines – The mining business of the Consunji group is set to lay off about 400 workers in the coming weeks, after the Department of Environment and Natural Resources (DENR) blocked its...
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PSE's net income inches up despite 'unusual' low trading volume
MANILA, Philippines – The Philippine Stock Exchange Incorporated (PSE) saw its net income inch up by 1.6% to P372.70 million in the first 6 months of the year, despite experiencing an "unusual" low...
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Surge in passenger volume lifts Cebu Pacific's income
MANILA, Philippines – Cebu Air Incorporated, the operator of Cebu Pacific and Cebgo, saw its net income surge by P8 billion in the first 6 months of the year, after it breached its 10-million mark in...
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DMCI Power building new Palawan plant
MANILA, Philippines – Off-grid energy company DMCI Power Corporation is building a bunker-fired power plant to address the increasing electricity demand in Aborlan, Palawan.The 2x4.95 megawatts (MW)...
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Gov't sets higher fiscal deficit target in 2017 to boost spending
MANILA, Philippine – To boost spending, the Duterte administration has set a higher fiscal deficit of P478.1 billion in 2017.“As the needs of our people increase, public spending must likewise expand...
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DENR to Semirara Mining: Explain alleged Molave Coal violation
MANILA, Philippines – The Department of Environment and Natural Resources (DENR) gave Semirara Mining and Power Corporation one week to explain why its environmental compliance certificate (ECC) should...
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Gov't to cut red tape to bring in more power plants
MANILA, Philippines – In its bid to improve the power situation in the country, the Department of Energy (DOE) is set to cut its processes to spur the construction of new power plants.Energy Secretary...
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DOF to file charges vs Laoag treasurer over missing P85-M fund
MANILA, Philippines – Department of Finance (DOF) is set to file administrative charges against Laoag City Treasurer Elena Asuncion over P85 million in missing public funds, Finance Secretary Carlos...
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May 2016 polls blamed for Luzon power blackouts
MANILA, Philippines – It's all over and done but the May 2016 elections are still being cited as the cause of Luzon's power problems.Energy Secretary Alfonso Cusi said power plants servicing Luzon were...
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Globe Telecom launches Davao power feed for SEA-US undersea cable
MANILA, Philippines – Globe Telecom Incorporated has switched on its power feed equipment in Davao City, which forms part of the Southeast Asia-United States (SEA-US) cable landing facility, connecting...
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Businessmen to Tugade: Redirect half of Tacloban flights to Clark
CEBU CITY, Philippines – Should flights from Tacloban to Luzon be redirected to Clark? Airline carriers serving the Tacloban-Manila route previously made this suggestion to the Department of...
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Pacquiao on power rates: Why are consumers paying for system loss?
MANILA, Philippines – Senator Manny Pacquiao on Tuesday, August 16, asked Energy Secretary Alfonso Cusi a question that concerns ordinary Filipinos.During the Senate inquiry into the simultaneous Luzon...
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Universal Robina buys Snack Brands Australia for AU$600M
MANILA, Philippines – Universal Robina Corporation (URC) is buying Australia's second largest salty snacks maker Snack Brands Australia for AU$600 million (US$460.55 million or P21.38 billion), in a...
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Ongpin offers to donate bulk of his PhilWeb shares to PAGCOR
MANILA, Philippines – Roberto Ongpinhas offered to donate 49% of his entire 53.76% stake in PhilWeb Corporation to the Philippine Amusement and Gaming Corporation (PAGCOR), as he exhausts all means to...
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