Phoemela Baranda has her hands full co-managing Desiderata Bar and racing cars during her free time.
Mar 232015
Mar 232015
Justice Secretary Leila de Lima did not ascribe criminal liability to President Benigno Aquino III over the botched January 25 Mamasapano operation, Malacañang claimed on Monday. In a television interview, Communications Secretary Herminio Coloma Jr. belied a newspaper report saying that de Lima did not clear Aquino of liability for the including, which left over 60 people dead. “Liability po ang ginamit na salita, pero walang quotation marks. Ibig sabihin, ang nagsulat lang niyan, ‘yung reporter o pinahintulutan lang yan ng editor…. Wala naman pong sinabi si Secretary de Lima na liability,” Coloma said. He added that de Lima only discussed the President’s accountability for the Mamasapano mission, which is different from criminal liablity. “Ang sinabi lang naman po ni Secretary de Lima, ayon sa una niyang pahayag hinggil sa command responsibility, may accountability. Malayo naman yung accountability sa liability,” the Palace official said. In a speech last Friday, de Lima said maintained that Aquino did not violate the Philippine National Police (PNP)’s chain of command during the Mamasapano mission. De Lima however said that “that does not mean that the President is not accountable.” She added that the President committed “an error in judgment that one can only know from hindsight.” In a separate statement, Coloma said De Lima’s remarks supported Aquino’s earlier statements on the Mamasapano debacle. “Sinabi ni DOJ Secretary de Lima na walang criminal liability si Pangulong Aquino hinggil sa operasyon sa Mamasapano. Kung meron mang naging pagkakamali ito ay batay sa natanggap na maling impormasyon. Read More …
Mar 232015
Jerome Salaya-Ang, Happy Andrada, John Herrera, Jot Losa, and Renan Pacson opens Manila Fashion Festival.
Mar 222015
Salaya-Ang’s collection is about believing six impossible things before breakfast. The collection was inspired by the maze of life. Pieces redefine an individual through this captivating palette that highlights a person’s uniqueness and beauty. Jonathan Asuncion MANILA,Philippines – They came, they saw and they slayed. Fresh and seasoned designers came together to set the catwalk on fire for the 2nd Manila Fashion Festival (MFF) on March 19 to March 22. In the bi-annual Manila Fashion Festival, the designers exhibited their talents in showcasing the season’s latest trends. Unlike other fashion shows, the designers used their own creative control over the show. The sartorial affair was spearheaded by Art Personas, a group known for creating better possibilities for their clients in the fashion and arts industry. For the opening of the MFF, designers Jerome Salaya-Ang, Happy Andrada, YAY, John Herrera, Jot Losa and Renan Pacson lead the pack of the Filipino talents. Salaya-Ang warmed up the atmosphere by bringing out his “Finding Absolem” collection. His pieces were dominated by feminine cuts and floral patterns. Salaya-Ang’s collection is about believing six impossible things before breakfast, inspired by the maze of life. Pieces redefine an individual through this captivating palette that highlights a person’s uniqueness and beauty. Jerome Salaya-Ang brings a sense of reformation to the runway. Lifestyle Feature ( Article MRec ), pagematch: 1, sectionmatch: Photos by Jonathan Asuncion/philstar.com Known for her unique, complex detailing, masterful use of material and a style that has her personal brand seared on it. Happy Andrada opted Read More …
Mar 222015
popular Aquino browbeats BOI head IN PHOTOS: One Direction plays first show in Manila Aquino jokes about hair following rumors of collapse New tarantula species found in Polillo caves Manila eyes renewed ties Cebu Pacific flight returns to airport to unload actress due to unruly behavior E-Painters, Texters grab top playoff slots Gorgeous ex-GF’s pals slam user-friendly hunk videos PBA: Ginebra’s LA Tenorio comfortable on the floor with Emman Monfort PBA: Agustin credits good defense, big men performance for win over Purefoods PBA: Warner’s maturity big thing for Globalport, says coach Gonzales Crime watchdog wants advisory body composed of bishops, inter-religious leaders Former Tarlac Governor calls Aquino to resign Department of Foreign Affairs building. INQUIRER FILE PHOTO MANILA, Philippines – The Department of Foreign Affairs (DFA) mourns the passing of “visionary statesman” Lee Kuan Yew, the first prime minister of Singapore, Monday. “The Philippines joins the Singaporean people in mourning the passing of their first Prime Minister and Minister Mentor Lee Kuan Yew,” DFA said in a statement. BACKSTORY: Singapore founding father Lee Kuan Yew dies at 91 “Mr. Lee was a visionary statesman who built Singapore into an economic powerhouse and modern society that has been a positive force not only in the region but also in the world,” it said. Lee, 91, was hospitalized last February 5, 2015, for severe pneumonia. His condition slightly improved in the first weeks before it eventually worsened due to an infection. BACKSTORY: Singapore’s founding PM Lee Kuan Yew in hospital President Aquino has Read More …
Mar 222015
Rep. Romero “Miro” Federico S. Quimbo. FILE PHOTO MANILA, Philippines–The Lower House is looking at raising the tax exemption cap for workers to an all-inclusive, gross annual income of at least P150,000, according to Marikina City Rep. Romero Federico S. Quimbo. Quimbo, chair of the House ways and means committee, told the Inquirer that they were also looking at raising the taxable income ceiling to P10 million from only P500,000 at present to align with inflation the tax brackets in place since the 1990s. “We intend to retain the highest income tax rate of 32 percent for those earning P10 million and above a year,” Quimbo said. At present, an annual taxable income of as low as P10,000 and less is already slapped a 5-percent tax rate, which goes up to a high of 32 percent for those earning P500,000 and above. To ease the burden on salaried workers as well as on tax collectors, Quimbo said the substitute bill being finalized by the House ways and means committee to unify all the pending income tax reform measures would be based on gross income. “We’re going to set aside all deductions, personal exemptions, de minimis, minimum wage … Everything will be based on gross income. It is easier to compute and easier to administer by the BIR [Bureau of Internal Revenue],” Quimbo said. The tax brackets would also be less, or about three to four, from seven at present, he added. As part of the overhaul and rationalization of the Read More …
Mar 222015
THE GOVERNMENT’S tax and revenue efforts continued to improve last year compared to 2013 on the back of improved collections and administration from key agencies, data from the Finance department showed.
Mar 222015
DAVAO CITY — Electric cooperatives in Mindanao, which have a combined paid-up capital of more than P14 billion, are being urged to consolidate and make a bid for the Agus-Pulangi hydroelectric facilities, which are scheduled for privatization within the next two years.
Mar 222015
popular Shoes that ‘symbolize the great power and flexibility of Japan’ Gilas center Blatche to sign richest contract in China, says report Employees rally behind Junjun Binay China state media tells US to stop ‘kibitzing’ Break in war on BIFF sought for graduation IN PHOTOS: Sinag Maynila film fest awards night Ginebra ends skid, routs slumping Globalport 200 Filipino-Canadians tour Cebu videos PBA: Ginebra’s LA Tenorio comfortable on the floor with Emman Monfort PBA: Agustin credits good defense, big men performance for win over Purefoods PBA: Warner’s maturity big thing for Globalport, says coach Gonzales Crime watchdog wants advisory body composed of bishops, inter-religious leaders Former Tarlac Governor calls Aquino to resign MANILA, Philippines–Filipinos are called upon to again show their overwhelming support for Earth Hour this year, on March 28. Earth Hour is an annual global event that calls for shutting off for an hour all electric lights and appliances in support of efforts to mitigate environmental degradation. Earth Hour will be observed from 8:30 p.m. to 9:30 p.m. on Saturday. For having the biggest participation from 2009 to 2013, the Philippines has been acknowledged as an “Earth Hour Hero Country.”–Dona Z. Pazzibugan Get Inquirer updates while on the go, add us on these apps: Tags: Earth Hour energy saving Environment Philippines Related Stories: Australia investigates ‘paedophile’ father in Thai baby scandal Bangladesh ferry owner faces charges in sinking Bangladesh ferry owner faces charges in sinking Bangladesh ferry owner faces charges in sinking Bangladesh ferry owner faces charges in Read More …
Mar 222015
(Second of two parts) Last week, we discussed the revised set of standards for Transfer Pricing (TP) documentation and a template for country-by-country reporting (CBCR) of income, earnings, taxes paid and certain measures of economic activity as contained in Action Plan 13 of the Base Erosion and Profit Shifting (BEPS) Project. The CBCR provides a list of all the constituent entities for which financial information is reported. It includes details such as the individual entity’s tax jurisdiction, revenue, profit (loss) before income tax, income tax paid and accrued, stated capital, main business activities, and accumulated earnings, among others. A constituent entity is any separate business unit of the multinational enterprise (MNE) group that is included in the consolidated group for financial reporting purposes.