CHANGE is coming to the country’s outdated tax regime, if the presumptive president-elect’s response to a survey is any indication, the Tax Management Association of the Philippines (TMAP) said.
May 132016
May 132016
EMPLOYMENT growth among Metro Manila enterprises slowed in the fourth quarter of 2015.
May 132016
FOREIGN portfolio investments posted a net outflow in April to end a two-month streak of inbound capital as the presidential elections drew closer, data from the Bangko Sentral ng Pilipinas (BSP) showed.
May 122016
Los Angeles – The 4th Historic Filipinotown PH Independence Parade Committee (4HFTIDC) cordially invites all Filipino-American organizations to participate in the 4th Historic Filipinotown Kalayaan Parade on June 4 beginning at 9 a.m. Organizers said assembly time is scheduled at 8 a.m. at the assembly area in front of the Silver Lake Medical Center (SLMC). The parade that will start promptly at 9 a.m. will go around the Historic Filipinotown. A 4HFTIDC planning meeting will be held on May 12 at 6 p.m. for the preparation of the even at the Kapistahan Grill. Sponsoring Organizations The following organizations that compose the 4HFT Independence Day Committee including the Historic Filinotown Neighborhood Council (HFNC), Southern California Filipino Dental Society (SCFDS), Knights of Rizal (KOR)-Historic Filipinotown Chapter ,Pangasinan Brotherhood -USA Inc, Justice for FIlipino American Veterans(JFAV), Filipino American Service Group Inc ( FASGI,) Philippine Institute of Language Arts and Culture Inc. (PILAC) and the Filipino American Community of Los Angeles (FACLA), Binibining Pilipinas 2016, Queen of Asia and Pacific (QAP) of the Cordillera Association of Los Angeles, Saphire Media Regency(SMR),Cordillera Association of Los Angeles, Pens and Lens Club, and many more. Other organizations have been invited to join the Planning meeting, the 4HFTIDC and actively take part in the parade.
May 122016
MANILA, May 12 (Mabuhay) – Leading vice-presidential candidate Camarines Sur Rep. Leni Robredo on Thursday said she is willing to work with Sen. Alan Peter Cayetano, the running mate of presumptive president, Davao City Mayor Rodrigo Duterte. “Nagpapasalamat tayo sa pahayag ni Senador Alan Peter Cayetano ukol sa resulta ng eleksyon,” Robredo said in a statement, after Cayetano conceded to her even though she has yet to establish a commanding lead over her closest rival, Sen. Bongbong Marcos, in the ongoing unofficial tally of votes. “Nananatili tayong bukas sa pakikipagtulungan sa kanya para sa patuloy na pag-unlad ng buhay ng ating kababayan. Tayo’y umaasa na matatapos na ito sa lalong madaling panahon at masimulan na ang paghilom ng ating bayan,” Robredo added. In conceding defeat, Cayetano said Robredo is not only leading the race but “already won it with majority of the votes tallied.” “It is often said that the voice of the people is the voice of God. In this regard, I humbly concede my vice presidential bid to Rep. Leni Robredo, who, by all accounts and with 96% of the votes already tallied, is our country’s presumptive Vice President-elect. Rep. Leni is not only leading the race, she has clearly won it,” he said. Robredo received 13,973,756 votes while Marcos got 13,760,369 as of 10:45 a.m. Thursday. Cayetano, on the other hand, got 5,657,300 votes. The other vice presidential candidates –Senators Francis Escudero, Gringo Honasan, and Antonio Trillanes IV – have already conceded. (MNS)
May 122016
ECONOMIC growth is likely to bounce back to the 6% level this year with domestic spending expected to have driven a robust expansion during the first quarter, DBS Bank said.
May 122016
THE Housing and Land Use Regulatory Board has the power to compel real estate developers to disclose their financial condition on a regular basis, the Department of Justice (DoJ) said.
May 122016
AT LEAST two competitors are expected to challenge the Metro Pacific group’s unsolicited proposal to build the P23.2-billion North Luzon Expressway (NLEx) and South Luzon Expressway (SLEx) Connector Road, which will be subject to a Swiss challenge in July.
May 122016
Presidential candidate Davao Mayor Rodrigo Duterte and running mate Sen. Alan Peter Cayetano arrive at the Makati Business Club forum on Wednesday. The recent survey conducted on April 16-20 shows Duterte gaining bigger lead over Sen. Grace Poe.(MNS photo) MANILA, May 12 (Mabuhay) –Sen. Alan Peter Cayetano has conceded to leading vice presidential candidate Camarines Sur Rep. Leni Robredo. In a press statement issued Thursday, Cayetano, running mate of presumptive president Davao City Mayor Rodrigo Duterte, said Robredo is not only leading the race but “already won it with majority of the votes tallied.” “It is often said that the voice of the people is the voice of God. In this regard, I humbly concede my vice presidential bid to Rep. Leni Robredo, who, by all accounts and with 96% of the votes already tallied, is our country’s presumptive Vice President-elect. Rep. Leni is not only leading the race, she has clearly won it,” he said. Cayetano said that while losing an election hurts, nothing is more painful than the sight of a divided country. “Thus, I call on all the other candidates to respect the people’s will and rally behind presumptive President-elect Rodrigo “Rody” Duterte and his presumptive Vice President-elect Leni Robredo. Let us begin the journey toward healing and unification,” he said. Cayetano expressed confidence that Robredo will likewise respect and value the people’s will by giving her full support to the country’s new President and his vision to end the disorder in the people’s lives and introduce Read More …
May 122016
President Benigno S. Aquino III offers a wreath in front of the stained glass mural at the Colonnade of the Dambana ng Kagitingan, Mt. Samat Shrine in Pilar, Bataan during the 73rd Commemoration of the Araw ng Kagitingan (Day of Valor) on Thursday (April 09, 2015). This year’s theme: “Ipunla and Kagitingan sa Kabataan, Ihanda ang Beterano ng Kinabukasan.” Also in photo are US Ambassador to the Philippines His Excellency Philip Goldberg and Japan Ambassador to the Philippines His Excellency Kazuhide Ishikawa. (MNS Photo) MANILA (Mabuhay) – United States Ambassador to the Philippines Philip Goldberg has congratulated Filipinos over the conduct of the recently concluded national and local elections. In a tweet posted Tuesday, Goldberg said: “I congratulate the Filipinos on their exercise of democracy. It reminds the world that PH is such an open & healthy democratic system.” The US envoy said he will congratulate the new leaders who will be at the country’s helm once their victories have been declared official. “Looking forward to congratulating the next leaders of the Philippines once the official election results are in,” he tweeted. The unofficial count of election results indicate Davao City Rodrigo Duterte is the apparent winner in the presidential race. Two of his rivals, administration standard bearer Manuel “Mar” Roxas II and Senator Grace Poe, have already conceded defeat. A Reuters report quoted a US official as saying Monday that Washington is ready to work with presumptive President Duterte despite allegations of human rights abuses in the city he Read More …