PHL first to sign WB’s rapid response option agreement
THE Philippines, which ranks the third most disaster-prone country in the world, can now immediately liquidate funds to address emergency needs when a crisis occurs.
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THE Philippines, which ranks the third most disaster-prone country in the world, can now immediately liquidate funds to address emergency needs when a crisis occurs.
THE proposed excise tax on plastic bags will be a “win-win” situation for the Philippines as it will not just reduce pollution, but the country will also stand to gain about P33 billion, according to the Department of Finance (DOF).
THE Bureau of Internal Revenue (BIR) announced last Monday it won a tax evasion case against those behind the seller of the “Tap Fog” products, with an estimated civil liability of about P1.2 billion.
THE government’s executive and legislative branches must work closely together to ensure that fiscal targets are met, according to the 2023 Philippine Development Report (PDR). However, the report also noted that maintaining these gains this year through 2028 may be difficult if new tax laws are not quickly put into place.
THE shortage of workers in the hotel industry will likely be exacerbated by the opening of new hotels in the country.
There is virtually no livelihood and employment aspect that Covid-19 has not disrupted, and our poor countrymen were disproportionately affected by the pandemic. Millions of minimum wage earners and contract workers that lost their jobs became poorer because of the long lockdowns. Thanks to the decision of President Ferdinand Marcos Jr. to lift restrictions earlier than expected, the people got their livelihood back. But, just as they are starting to recoup their income losses, some wise lawmakers are trying to find a new way to push poor Filipinos deeper into poverty.
DESPITE the seeming reversal in Nayong Pilipino Foundation’s (NPF) bottom line last year, its viability as a government-owned and -controlled corporation (GOCC) was again doubted by the Commission on Audit (COA).
THE Philippine economy stands to gain as much as P5.7 billion annually if the government would implement a value-added tax (VAT) refund scheme for foreign tourists, according to the National Economic and Development Authority (Neda).
I recently attended a webinar on “How to Diversify and Increase your Revenue Stream?” organized by the Answers for Associations, an Australian online community of associations. It was presented by Deanna Varga, managing director of Mayvin Global, a consultancy specializing in the delivery of commercial and revenue generation solutions for associations, tourism, business events and the arts.
FILIPINO-OWNED Cryptors Cybersecurity Inc. has officially launched its “Hackuna Anti-Hack,” touted as the first of its kind in the world capable of blocking hackers within the network from hacking the user, simply by pressing the WiFi Blocker button.
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