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Finance Secretary Ralph Recto, newly in his Cabinet role, aims to generate P4.3 trillion in revenue this year. The focus is on enhancing social services, generating jobs, and sustaining economic recovery despite the ongoing pandemic impact. The…
MANDAUE CITY, Cebu – His first year in office paved the way for a lot of breakthroughs for the province of Bohol. Governor Erico Aris Aumentado said that since he occupied the Provincial Capitol, so much has…
New York, United States — Twitter owner Elon Musk said Saturday that the social media platform he bought for $44 billion last October has lost roughly half of its advertising revenue. “We’re still negative cash flow, due to…
MANILA, Philippines — The increase in the proposed 2024 national budget is made possible by the expected revenue from the planned imposition of additional taxes on sweetened beverages and salty junk foods earlier than scheduled, Budget Secretary…
CEBU CITY, Philippines — The Cebu Cordova Link Expressway (CCLEX) turns one year old this month with the local government units (LGUs) of Cebu City and Cordova set to receive P1.69 million each as their respective shares…
CEBU CITY, Philippines — While waiting for the new ordinance that would provide for the revision of the Omnibus Tax Code in Cebu City, the Local Finance Committee (LFC) is gearing towards implementing improved revenue measures for…
CEBU CITY, Philippines – The Bureau of Customs in the Port of Cebu (BOC-Cebu) is expecting its P3 billion worth of ‘collection surplus’ to increase before 2020 ends. BOC-Cebu, in a press release dated and published on…
SHENZHEN, China — Huawei’s founder said Monday that the Chinese telecom giant’s revenue will be $30 billion less than forecast over the next two years, as he compared the company to a “badly damaged plane” as a…
Cebu City Hall has one month and a week to go and more than half a million pesos to collect in order to reach its P6.1 billion revenue target for fiscal year 2018. Acting City Treasurer Veronica…
Revenue from terminal fees went down in the first half of this year for the Cebu South Bus Terminal compared to the same period last year. From P34.1 million in the first quarter of 2017, terminal revenue…
President President Rodrigo Duterte called on officials of Alegria town in southern Cebu to plan the municipality’s development amid the imminent launching of oil and gas production in one of their barangays. Clad in dark polo shirt…
MANDAUE City earned P1.5 billion during the first quarter of this year. Mandaue City Treasurer Regal Oliva said in an interview on Wednesday, an estimated P200 million higher than last year’s first quarter revenue collection. “We already…
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