Mar 222016
 
Atty. Linda Sarno: ‘A good and faithful servant’

“His master replied, ‘Well done, good and faithful servant! You have been faithful with a few things; I will put you in charge of many things. Come and share your master’s happiness!’ Matthew 25:21 Linda Sarno will be missed. She went to join her Creator early this month after gallantly and stubbornly battling a sickness. Her faithfulness with her God-given gifts has been rewarded aptly with her being put “in charge of many things that her Master undoubtedly has found pleasure and happiness in”. In her lifetime, Linda wore so many hats that bore her emblem of excellence and commitment. Among the enviable hats she donned were that of being a U.S. Patent Attorney and a chemist with a multinational corporation with both fields being beneficiaries of her intellectual gifts that she harnessed to the fullest. She was an indefatigable community organizer who approached her tasks with consistent passion that has served as a model for community involvement.  Her pioneering attribute resulted in spearheading the formation of organizations where she served unselfishly in various capacities . Her advocacies for the small business, the environment and other worthy concerns had earned for her many accolades which inspired her more to commit herself to various issues that redound to the betterment of the community where she operated. Among the honors reaped on her include the Business Advocate of the year 2005 by the Small Business Administration, Lions Club 2007 Citizen of the Year Award, the Southern California Leadership Award for 2010 and Read More …

Mar 222016
 
US unveils emergency braking deal with automakers

US traffic safety authorities announced Thursday a voluntary deal with automakers to make automatic emergency braking a standard feature on new cars within the next seven years. Automatic emergency braking (AEB) systems help prevent crashes or diminish their severity by applying the brakes for the driver.© mtsyri /shutterstock.com The commitment by 20 automakers, representing more than 99 percent of the US auto market, will make the safety technology a standard feature on cars and light trucks no later than late 2022, the National Highway Traffic Safety Administration (NHTSA) said. It will become standard on heavier trucks three years later. Automatic emergency braking (AEB) systems help prevent crashes or diminish their severity by applying the brakes for the driver. Sensors including radar, cameras and lasers warn the driver of an impending crash, and the brakes engage when the driver fails to take sufficient and timely action to prevent it. Automakers that agreed to the commitment are Audi, BMW, FCA US, Ford, General Motors, Honda, Hyundai, Jaguar Land Rover, Kia, Maserati, Mazda, Mercedes-Benz, Mitsubishi Motors, Nissan, Porsche, Subaru, Tesla Motors, Toyota, Volkswagen and Volvo Car USA. “By proactively making emergency braking systems standard equipment on their vehicles, these 20 automakers will help prevent thousands of crashes and save lives,’ said US Transportation Secretary Anthony Foxx in a statement. “It’s a win for safety and a win for consumers.” The head of the NHTSA, Mark Rosekind, sought to deflect criticism of the voluntary nature of the commitment, saying it would make AEB standard Read More …

Mar 222016
 
Creditors are harassing me!

Q: Creditors are harassing me – but I lost my job, and cannot pay. How do I stop them calling? A: If you cannot pay your bills, creditors will take steps to collect. That’s natural, but continued harassment can be emotionally depressing. If you have lost your job, or simply cannot cope, call me. You have options, and depending on your situation, I will help you choose the option that’s best for you. Federal bankruptcy laws are designed to give people in distress, a fresh start, and may be the right solution for you. Q: Will a bankruptcy stop collection agencies from calling me? A: Yes, filing a bankruptcy protects you from creditor harassment, and provides peace of mind. Creditors will not contact you if you filed bankruptcy and have an attorney representing you. Otherwise they risk being cited for contempt of federal court, something they will not risk. Another reason to consider a bankruptcy now, even if you do not have assets to protect, is that after a bankruptcy, you can immediately begin the process of repairing your credit. This usually takes between 6 to 12 months, so an early start will get you there faster. Q: I have just received a summons from a creditor. Is it too late to file a bankruptcy? A: No. When you file for bankruptcy, an automatic stay goes into effect immediately stopping any lawsuit filed against you and any action against your property by a creditor, collection agency or government entity. This can Read More …

Mar 212016
 

The Bureau of Internal Revenue (BIR) is continuously intensifying its efforts in collecting taxes. As a result, more taxpayers are receiving Letters of Authority and being subjected to various forms of BIR examination. Therefore, it is recommended that taxpayers prepare for possible tax audits not just by reconciling their books but also of equipping themselves with knowledge on tax laws and regulations, particularly on the due process applicable to tax examinations.

Mar 212016
 
PHL hackers siphon laundered money

The reported $81 million money laundering scandal has placed the country in a very bad light as far as the international banking community is concerned. As of this writing, the Philippine government has no idea how the huge amount of money has been withdrawn from a local branch of RCBC in Makati without the knowledge of banking officials and the Bangko Sentral ng Pilipinas. The Philippine government should exert every effort to unmask the perpetrator of the crime and to find out if some RCBC officials were involved in the heist. The earlier government officials will be able to unravel the mystery behind the incredible heist, the better to placate and assure bank depositors that their accounts are safe. It was reported in the papers that the $81 million was wired to four RCBC accounts under the names of Enrico Vasquez, Alfred Vergara, Michael Cruz and Jessie Christopher Lagrosas. Bank officials from Bangladesh who attended a Senate investigation regarding the disappearance of the $81 million, told lawmakers that computer hackers stole the money from its account deposited at the Federal Reserve Bank of New York. Police authorities should start looking for the four Filipinos who had an active bank accounts with RCBC to help solve the mystery of the stolen money or go after one William So Go who allegedly got the “loot” when it was deposited on his account after it was withdrawn from the RCBC branch office on Jupiter street in Makati. Maia Santos Deguito, the RCBC branch Read More …

Mar 212016
 
Ex-Arroyo aide Ermita throws support behind Mar-Leni tandem

Batangas Gov. Vilma-Santos Recto raises the hand of Liberal Party (LP) vice presidential candidate Leni Robredo as expression of her support during their meeting on Wednesday before the party’s grand rally at Batangas City Sports Coliseum. (MNS photo) MANILA  (Mabuhay) – A ranking official during the Arroyo administration has voiced his support to the tandem of former Interior Secretary Mar Roxas and Camarines Sur Rep. Leni Robredo for the May 9 elections. Eduardo Ermita, who served as executive secretary of former President Gloria Macapagal-Arroyo, expressed his support to the tandem during the Daang Matuwid coalition’s sortie in Batangas province. “Mabuhay ang susunod na Presidente ng Pilipinas, ang anak ng dating senador Gerry Roxas at apo ng kauna-unahang Presidente [ng Ikatlong Republika], Mar Roxas!” said Ermita, a former Batangas congressman. Aside from being appointed executive secretary, Ermita, a former military official, also served as secretary of the Department of National Defense during Arroyo’s term. In a chance interview, Robredo said he doesn’t see any conflict with Ermita’s support. “Yung lahat naman ng suporta welcome pero ‘yung importante siguro kahit anong klaseng suporta, hindi nagbabago ‘yung tinatayuan namin,” Robredo told reporters. “At saka paniniwala kasi marami namang sumusuporta na wala namang hinihinging kapalit,” she added. President Benigno Aquino III has repeatedly said that his administration would pursue the plunder cases against Arroyo, currently on hospital arrest at the Veterans Medical Memorial Center. Roxas, Robredo and the rest of the Daang Matuwid coalition took its campaign to the province of Batangas on Wednesday, Read More …

Mar 212016
 
Expect the ‘best, brightest’ in Duterte cabinet, says Cayetano

Rodrigo Duterte (left), seven-term Davao City mayor and presidential candidate, raises his hands with running mate Senator Alan Peter Cayetano during their proclamation ceremony in Manila on Monday. Duterte filed his candidacy last week following weeks of speculation on his intention.(MNS photo) MANILA (Mabuhay) — Only the “best and the brightest.” A Duterte administration will have “accomplished and reformist” cabinet secretaries if the tough-talking Davao City mayor wins the presidency in May, said his running mate Senator Alan Peter Cayetano. During Kapihan sa Senado on Thursday, Cayetano said “known accomplished and reformists in their sector” would be appointed in the government of presidential aspirant Rodrigo Duterte. But Cayetano said he and Duterte had not discussed possible names to compose the mayor’s cabinet if elected president in May. “The mayor does not want to be presumptuous,” he said. “Hindi talaga napag-uusapan (it had not been discussed), except that it will be the best and the brightest,” he added. The senator said Duterte does not want to “pick solely” from his supporters as to who would compose his cabinet members. During his campaign sortie in Legazpi City, Duterte said he would appoint Albay Gov. Joey Salceda as secretary of the National Economic and Development Authority (Neda). Salceda is a stalwart of the ruling Liberal party, being one of its provincial chairs

Mar 212016
 
De Lima to Comelec: Don’t postpone polls, comply with SC order on receipts

Department of Justice Secretary Leila de Lima’s gesture during press conference on Mamasapano incidence that killed 44 SAF troopers on Tuesday at the DOJ Office. The DOJ filed criminal cases against MILF and BIFF members involved in the killings. (MNS Photo) BATANGAS CITY  (Mabuhay) – The Commission on Elections (Comelec) should do its best to make sure that the elections will be held on May 9 by hook or by crook, Liberal Party senatorial candidate Leila de Lima said on Wednesday. De Lima said the Comelec should find ways to comply with the Supreme Court order directing the poll body to issue ballot receipts because “resorting to manual counting compromises the sanctity of the vote and, ultimately, our democracy.” “The Comelec should stop saying that the Supreme Court ruling would result in the postponement of the elections and just focus on how to comply with the high court’s order,” De Lima said in a statement. The high court recently ordered the Comelec to activate the voter receipt printing feature of the vote counting machines (VCMs) for the 2016 national elections. The en banc decision, however, disappointed the poll body, saying enabling the feature would force the Comelec officials to push back their timetables ahead of the election day two months from now. De Lima, a former election lawyer and justice secretary, said that Comelec should initiate measures that will ensure full compliance with the Automated Elections Law. “Rather than paint a dire picture of the elections being postponed, Comelec should Read More …