philippine news

Feb 8, 20091

Protect women — CHR

by Joel dela Torre
from People’s Journal

MARKING the United Nations Day for Women and International Peace today, the Commission on Human Rights called on government to improve protection and programs for the rights… Read the rest

Nov 24, 20080

World Bank urges RP to implement tax reforms

Ted P. Torres
Philippine Star

The World Bank is urging the Philippine government to fully implement tax administration reforms to cope with the global financial crisis.

In its recently released quarterly report, the World Bank said there are indications… Read the rest

Nov 11, 20080

Dividends remitted by state-run firms down to P5.41B in Jan-Oct

Iris C. Gonzales
Philippine Star

Dividends remitted by state-run firms to the National Government (NG) declined to P5.41 billion from January to October this year, a P3.46 billion decline from the P8.87 billion recorded in the same period last… Read the rest

Oct 13, 20080

Javier bill curbs tax deductions

Roy Pelovello
Manila Standard

A Cabinet plan to rationalize the fiscal incentives system gains support in the House of Representatives, with Rep. Exequiel Javier filing a bill to set curbs on the tax deductible expenses of professionals and self-employed.… Read the rest

Oct 1, 20080

RP to enjoy preferential access to EU market

Pia Lee-Brago
Philippine Star

The European Union (EU) has adopted a new regulation on its Generalized System of Preferences (GSP) scheme that will allow 176 developing countries, including the Philippines, to continue enjoying preferential access to the EU market.… Read the rest

Sep 12, 20080

Mar, Chiz say minimum wage law not yet fully implemented

Aurea Calica
Philippine Star

There is no relief yet for ordinary workers despite the law exempting minimum wage earners from income taxes.

Senators Manuel Roxas II and Francis Escudero lamented that the law was not being enforced because the… Read the rest

Sep 5, 20080

IRR torpedoes RA 9504’s laudable objectives

Dan Mariano
Manila Times

When President Gloria Arroyo signed Republic Act 9504 into law less than three months ago, the government announced that it was giving immediate financial relief to low-income workers. However, the agencies—led by the Bureau… Read the rest

Sep 3, 20080

No new taxes, Palace assures

Paolo Romero
Philippine Star

Malacañang gave assurances yesterday that no new taxes would be imposed despite fears of reduced government revenues brought about by the global economic slowdown.

President Arroyo’s economic managers in a press conference at the Palace… Read the rest

Sep 3, 20080

Business, labor groups push rules on tax relief

Ma. Elisa P. Osorio
Philippine Star

Local and foreign businessmen are asking President Arroyo and the Department of Finance to change the planned implementation of the “Tax Relief Package” because the current strategy is expected to delay and even… Read the rest

Sep 2, 20080

Labor group seeks transparency in rules of tax relief law

Margaux Ortiz
Philippine Daily Inquirer

MANILA, Philippines—The Trade Union Congress of the Philippines on Tuesday called on the Department of Finance to exercise transparency and hold consultations with workers’ groups in the realization of the implementing rules and regulation… Read the rest

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