THE National Economic and Development Authority, along with Congress, will be coming up with an updated Foreign Investments Negative List (FINL) by May.
Dec 092016
Dec 092016
THE Department of Environment and Natural Resources (DENR) intends to tap workers of suspended mining firms for the government’s planned expansion of bamboo and mangrove plantations to fight climate change and poverty.
Dec 082016
Filipino priest don’t celebrate mass, they belt out songs too when they hold Simbang Gabi masses in Los Angeles. Los Angeles – The Our Lady of the Angels Pastoral Region of the Filipino Ministry of the Archdiocese of Los Angeles will once again host the Annual Simbang Gabi Advent (night mass). It is the 14th anniversary of the liturgical celebration of the Philippine tradition of culture, faith, and preparation for the birth of Jesus Christ. Our theme this year is “JESUS, MAKE USGENEROUSDISPENSERS OF YOUR DIVINE MERCY” translated in Tagalog, “HESUS, GAWINMOKAMING MASAGANANG DALUYAN NG IYONG BANAL NA AWA.” WHEN: Thursday, December 15, 2016 TIME: 6:30 PM WHERE: Cathedral of Our Lady of the Angels, 555 W. Temple Street, Los Angeles, CA 90012 WHY: We consider our celebration a rich cultural heritage as well as a service totheFilipino American community. The beginning of the 9 days novena before Christmas strengthen our family relationship and bring God’s presence to unityand peace. PAROL PROCESSION:Ministers from parishes of the Pastoral Regions of Santa Barbara, San Fernando, San Gabriel, San Pedroand Our Lady of the Angelstogether withDignitaries, Civic,Business and Non-profit organizations will march with their banner and parol (lantern), a symbol of the Star of Bethlehem. MAIN CELEBRANT:Most ReverendArchbishop Jose H. Gomez, D.D.Other Concelebrants will be the Bishops and Priests of the Archdiocese. EXPECTED ATTENDANCE: 3,000. PARKING: Cathedral parking – $8.00 or pay at adjacent lots. FOR MORE INFORMATION:EmailLemAmit -filipinoministryola@gmail.com |CP: 323 793 5141.
Dec 082016
AUTO SALES in November rose 22.2% from a year earlier, boosted by promotional offers, with robust demand expected to continue through to the end of the year, industry representatives said.
Dec 082016
THE Mines and Geosciences Bureau, which is in charge of the environmental audit of the country’s remaining metal mines, may reach a final decision on the fate of the 31 such facilities after about five months.
Dec 082016
THE Subic Bay Metropolitan Authority (SBMA) will propose P140 billion worth of projects for implementation in the next six years, largely roads and bridges to cut the travel time to and from Northern Luzon and Metro Manila.
Dec 072016
ECONOMISTS at ANZ Research have revised upward the bank’s growth forecast for the Philippines for this year and 2017, taking into account an above 7% expansion seen during the third quarter and the sustained strength in private investment which are seen supporting the country’s robust growth story.
Dec 072016
CAR manufacturing is not expected to suffer from automobile and oil excise tax increases starting 2018, with fiscal incentives for the industry continuing to to be effective,the Department of Finance (DoF) said.
Dec 072016
In an attempt to generate a greater sense of accountability among tax officials conducting investigations and to ensure an effective feedback mechanism for taxpayers, two new tax issuances were recently released — Revenue Memorandum Order Nos. 54-2016 and 61-2016. Through RMO 54-2016, the Bureau of Internal Revenue (BIR) created a Special Disciplinary Committee for the purpose of investigating revenue officers over questionable tax audits and investigations. The committee was established for the expeditious investigation of revenue officers who failed the test of integrity, competence, and efficiency in the performance of their audit functions or in the conduct of tax investigations uncovered in the process of implementing Revenue Memorandum Circular (RMC) No. 70-2016. Readers may recall that RMC 70-2016 suspended all field audits and investigations including issuances of Letters of Authority subject to certain exceptions. Moreover, it ordered the inventory of existing tax investigations.
Dec 052016
THE DEPARTMENT of Finance (DoF) is seeking a review of tax matters that may be subject to legal challenge in order to do away with “unfair” collections that may later be reversed by the courts and detract from the government’s ability to execute its ambitious spending program.