Voting 203-0-0, the House of Representatives approved House Bill 9913 or the Act Clarifying the Income Taxation of Proprietary Educational Institutions. This measure aims to extend the tax relief granted under the CREATE law. OFFICE OF THE HOUSE MAJORITY LEADER

House OKs bill amending law on corporate tax perks

VOTING 238-4-2, the House of Representatives approved on third and final reading House Bill 9794, enhancing Philippine tax incentives, also known as the CREATE...
The Bureau of Internal Revenue’s Revenue District Office 74 recognized its five top non-individual taxpayers recently. The plaques of recognition were received by representatives of F. Gurrea Construction Inc.; J.E. Tico Construction Co., Inc.; Iloilo Supermart Inc.; MCR Agri-Venture Corporation; and Visayan Vets Port Services Inc. Top BIR officials present include Revenue District Officer for RDO-74, Marinelia N. German, Regional Director Joseph M. Catapia, and Assistant Regional Director Jona Ruth G. Alonte.

BIR – RDO 74 kicks off 2024 tax campaign; top taxpayers cited

ILOILO City – The Bureau of Internal Revenue’s (BIR)  Revenue District Office (RDO) 74 covering this city, 15 municipalities in Iloilo province, and Guimaras...

DBP Opens New Office of Lipa Lending Center in Lipa City

State-owned Development Bank of the Philippines (DBP) has opened the new lending offices of DBP Lipa Lending Center and DBP South Luzon Lending Group...
National Irrigation Administration was the biggest recipient of budgetary support anew, amounting to P4.22 billion. Photo shows the Bureau of the Treasury. PNA FILE PHOTO

PH gov’t fiscal balance posts P88B surplus in January

THE Philippine government’s fiscal balance stood at a surplus in the first month of 2024, thanks to higher state collections, which exceeded the growth...
The Department of Agriculture says only about 18 hectares of the over 10,000 hectares of onion plantations in Central Luzon have been totally damaged by armyworms. PHOTO COURTESY OF PNA

DA to let onion harvest season finish before mulling imports

THE Department of Agriculture (DA) will wait until the end of the onion harvest season to see if the country needs to import onions,...
Oil firms will hike prices per liter of gasoline by P0.30, diesel by P0.90, and kerosene by P0.90 today, Jan. 16. PHOTO COURTESY OF INQUIRER.NET

Diesel prices down, gasoline up

PUMP prices of diesel are going down again today but gasoline prices are set to increase. In separate advisories, Petron Corp., Seaoil Philippines Corp. and...
The largest Social Security System membership coverage through the KaSSSangga Collect Program was recorded in Quezon City with around 15,000 job order workers. SSS President and Chief Executive Officer Rolando Ledesma Macasaet and Quezon City’s Mayor Joy Belmonte signed an agreement on January 29, 2024. QUEZON CITY GOVERNMENT PHOTO

SSS covers over half a million more temporary gov’t workers

OVER half a million government workers under job order (JO) and contract of service (COS) workers employment status not covered by the Government Service...
(From left) San Miguel Corp. president Ramon S. Ang, Transportation Secretary Jaime Bautista and Manila International Airport Authority General Manager Eric Jose Ines signed the public-private partnership agreement for the rehabilitation of the Ninoy Aquino International Airport on Monday, March 18. The signing was witnessed by President Ferdinand Marcos Jr. BONGBONG MARCOS/FACEBOOK PHOTO

NAIA winning bidder to build new passenger terminal

THE San Miguel Corp. (SMC)-led private sector group that bagged the operations and maintenance contract for the Ninoy Aquino International Airport (NAIA) is planning...

SM City Iloilo celebrates women empowerment and diversity

SM City Iloilo celebrates women empowerment and diversity in celebration of Women’s Month this March. SM Supermalls is all about embracing individuality and inner strength...
The Department of Trade and Industry destroys over 3,000 confiscated products worth P1.7 million which include helmets, sanitary wares, fireworks and firecrackers, monobloc chairs, and vapes. PHOTO COURTESY OF ABS-CBN NEWS

DTI destroys P1.7M worth of substandard, uncertified products

VARIOUS products that were deemed non-compliant with safety and quality standards were destroyed by the Department of Trade and Industry (DTI) on Friday, March...