philippine news

Aug 31, 20080

The civil service they wish our country would have one day

from The Manila Times

The Times editors asked some adepts in the civil service issue “What kind of civil service do you wish to see in our country?”

Civil Service Commissioner MARY ANN Z. FERNANDEZ-MENDOZA

I desire a future where … Read the rest

Aug 31, 20080

New CSC chair presses war on red tape, honors heroes in government service (Experts: Politics must lay off civil service)

Rene Q. Bas
Manila Times

FILIPINOS lament the deterioration of public governance. They do not trust government officials. They deplore the bad management of the central government and the Cabinet departments, the wholesale corruption in government, the tendency to do … Read the rest

Aug 11, 20080

If oil VAT is replaced by specific tax, NG to lose P24 B yearly, says DOF

Iris C. Gonzales
Philippine Star

The government stands to lose P24 billion yearly if it replaces the value-added tax (VAT) on oil with a specific tax, estimates by the Department of Finance (DOF) showed.

Finance Undersecretary Gil Beltran said the … Read the rest

Jul 31, 20080

P100

Alex Magno
The Philippine Star

Remember when, a few years ago, one of our most prominent taipans predicted that the exchange rate would slide to P100:$1 in a matter of about two years? When he made that forecast, the going … Read the rest

Jul 31, 20080

World Bank urges RP gov’t not to lift VAT on oil

Iris Gonzales
Philippine Star

The World Bank has urged the Philippines to ensure that the increase in oil prices does not compromise its fiscal position, stressing that it should not remove the tax on oil.

“As the country comes off … Read the rest

Jul 21, 20080

Public sector seen to post P25.6-B deficit

Des Ferriols
Philippine Star

Finance officials expect the public sector to post a consolidated deficit of P25.6 billion this year instead of the surplus that was originally expected from balancing the budget.

With the fiscal deficit expected to top P75 … Read the rest

Jul 17, 20080

RP trims H1 budget deficit to P18 billion

Des Ferriols
Philippine Star

The government posted its third straight monthly budget surplus in June as it held back spending plans that could help support the economy in a year when growth is expected to falter.

The June surplus of … Read the rest

Jul 16, 20080

LGUs overtaxing businesses – NCC

Ma. Elisa P. Osorio
Philippine Star

Local government units (LGUs) are overtaxing businesses, the National Competitiveness Council (NCC) said yesterday.

In a press conference, NCC chairman Ambassador Cesar Bautista said the insurance and liabilities tax imposed on businesses by LGUs … Read the rest

Jul 14, 20080

‘Affirmative action,’ not direct subsidies

Juan T. Gatbonton
Manila Times

Soaring prices of oil and food have set off populist cries for policies that would relieve the hardships the crisis is imposing on the poorest families. Even the bishops are calling for a second look … Read the rest

Jul 7, 20080

Make the tax law retroactive to Jan. 1

Bong Austero
Manila Standard

The price of oil rose over the weekend again. It has become a weekly occurrence in the last two months that many people seemed to have accepted the increases as inevitable. Even the media networks have … Read the rest

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