Apr 172017
 

The tax season is over and almost all taxpayers who were able to file within the deadline yesterday, April 17, are now wondering what’s next in the pipeline of the Bureau of Internal Revenue (BIR) in so far as tax reforms are concerned. A welcome development has come in the BIR’s pursuit of a simplified tax administration system. On April 5, the BIR issued a memorandum for business taxpayers claiming income tax exemption under the Barangay Micro-Business Enterprise (BMBE) Act of 2002 (Republic Act No. 9178). Under the law, all BMBEs are exempt from income tax for income arising from the operation of the enterprise.’

Apr 162017
 

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Apr 132017
 
Archie performs in Manila in latest comics edition

Archie Comics is highlighting the Manila concert grounds in its newest spring annual issue. Archies Funhouse Comics Double Digest #26 titled “On The Road Again!” features The Archies garage band from Riverdale coming to the Philippines to perform in Manila concert grounds as part of their international concert tour. The first preview of the publication shows the popular comics character of Archie Andrews – the freckle-faced redhead – with his pals Jughead Jones, Betty Cooper, Veronica Lodge, and Reggie Mantle excitedly talking about going to the Philippines for their concert. A second teaser of the comic strip shows the group arriving in Manila exclaiming, “Hey, we’re in Manila! It’s the capital of the Philippines!” “This is where we’re going to play! The Manila concert grounds!” Jughead then says, “I’m a big fan of Filipino culture…I hear the barbecue here in the Philippines is practically an art form!” The Archie comics issue featuring the Philippines written by Dan Parent, is being released on April 19.   The post Archie performs in Manila in latest comics edition appeared first on Good News Pilipinas. Related posts: Filipino artist draws Darth Vader, Star Wars comics Manila’s iconic spots featured on global coloring book Manila in Forbes Best Budget Travel Destinations UK’s Independent says trendy Manila is back in fashion

Apr 132017
 
Wesley So wins US Chess Championship

Filipino Wesley So has won his first US Chess Championship title in a difficult 2-game rapid chess match against Alexander Onischuk. Wesley So after winning the 2017 US Championship [by Lennart Ootes via Chess24] The Super Chess Grandmaster of Chinese-Filipino descent was dressed in Barong Tagalog as he received his trophy and USD 50,000 cash prize. The 23-year- old So was undefeated in the 11-round tournament but tied with Onischuk with 7.0 points in the standings. The former Philippine National Team member played against the former Latvian chess GM in the playoffs in two 30-minute games. So won the first game in white 31 moves and drew the second, giving him a 1.5-0.5 victory to earn the championship title. "I really wanted to win this one this year . . . because it's the strongest national competition in the world. All the great (US) players have won this one," the Bacoor, Cavite-born chess GM said in a Star Tribune report. The win affirms So’s standing as the No. 1 US chess player and No.2 in the world, proving that he has the best chances to beat the current No. 1 world champion, Magnus Carlsen of Norway. So can play against the world champion if he wins the next Candidates Tournament scheduled towards the end of this year. So was ranked No. 99 in the world when went to the US on a college chess scholarship in 2012. Since then the Filipino GM turned professional player for the US, dominating elite Read More …

Apr 132017
 
Globe’s Ernest Cu hailed as country’s Best CEO

Ernest Cu Globe President and CEO Ernest Cu has been hailed as the Philippines’ Best CEO by FinanceAsia.  Cu bagged the top spot in the Best CEO category with 23 points according to the survey conducted by FinanceAsia, a leading publisher of financial news in the Asia Pacific region. The survey asked 180 portfolio managers and buy-side analysts from around the world on their views of listed companies in Asia with the best senior executives. “The host of citations from FinanceAsia underscores our commitment to achieve remarkable results not only in terms of financial performance but also in adhering to the principles of good corporate governance, corporate social responsibility and investor relations. I am deeply honored that Globe has been recognized for our remarkable efforts in the industry,” said Cu in a media statement. Cu emphasized that the recent success of Globe was at the heels of the company’s purpose-led transformation to become a better organization ready for the future. Anchored on its corporate vision of leading a Philippines where families’ dreams come true, businesses flourish and the nation is admired, the company defined its purpose moving forward to treat people right by creating a Globe of Good. Globe aspires to be an industry leader with purpose, helping customers discover new ways to enjoy life. Cu is the only Filipino executive to be ranked in the 2016 Global Telecoms Business Power 100. Under Cu’s leadership, Globe has remarkably gained market share every year over the last 5 years despite intense industry Read More …

Apr 132017
 
Why Is It Hard To Talk About Money With Our Family?

Chinkee Tan A lot of the parents teach their children basic things like… Saying “po” and “opo” Knowing right from left Memorizing the alphabet Counting from one to ten And many more… A lot of parents teach almost everything that a child must know, except for one thing: FINANCES Maybe this is because they themselves were not taught by their own parents. And their parents were also not taught by their own parents. In the process, some of us make BAD FINANCIAL DECISIONS. And because of these, we suffer. A lot of families also never talk about money. And because of this, we don’t learn how to… MANAGE OUR OWN MONEY I’ve never seen a baby go to a bank to open a savings account. Or, I have never seen a baby who already knows how to invest, and grows up to be a successful businessman at 5 years old. Have you? Why? Because everything that a child learns is passed on from his or her parents. And a child learns mostly by observing and imitating the lifestyle of adults. And if children are unable to find a role model, chances are, they will learn by hit and miss, and by trial and error. And if a person is not able to learn how to manage his or her money well, this usually results to… DEBT Because a person does not know how to save, budget, and spend right, the money that he or she has is usually not enough. Read More …