Mayor Suan says he has submitted pertinent documents for reopening of Mr. Liempo branches

Futch Anthony Inso 05/20/2022

LAPU-LAPU CITY, Philippines — The camp of Cordova mayor-elect Cesar “Didoy” Suan said they have already submitted the necessary documents to re-open the around 30 “Mr. Liempo” branches in Cebu. Earlier, the Bureau of Internal Revenue (BIR)…

Cebu schools support bill amending new 25% tax policy on proprietary educational institutions

Delta Derycka C. Letigio 06/05/2021

CEBU CITY, Philippines — Cebu educational institutions, along with parents and teachers associations, are calling for the amendment of the Bureau of Internal Revenue (BIR) Revenue Regulations No. 5–2021 that imposes a 25 percent tax rate on…

Senate Blue Ribbon to LTO-7: Go after erring motorcycle dealers

Delta Dyrecka Letigio 04/21/2021

CEBU CITY, Philippines — The Senate Blue Ribbon Committee has instructed the Land Transportation Office in Central Visayas (LTO-7) to go after the motorcycle dealers allegedly falsifying documents and cheating their customers of proper registrations. The Blue…

8-month budget gap swells to P741B due to COVID-19

Ben O. de Vera 09/24/2020

MANILA, Philippines — A pandemic-induced drop in revenues while the government spent more to fight COVID-19 widened the budget deficit by 1,510.6 percent year-on-year to P40.1 billion in August, the government reported on Wednesday, September 23, 2020.…

7-month budget deficit widened to P701B

08/27/2020

Government spen­ding to fight the new coronavirus disease (COVID-19) has bloated public expenditures during the first seven months, widening the end-July budget deficit to P700.6 billion while tax and nontax revenues remained weak due to the pandemic-induced…

Philhealth to hike members’ premium starting January 2020

Futch Anthony Inso 01/03/2020

CEBU CITY, Philippines — The Philippine Health Insurance Corporation (PhilHeath) will increase the premium that they are collecting from their members starting January this year. Dina Cinchez, Public Information Officer of PhilHealth in Cebu City, said that…

Metrobank executive faces ‘internal bank’ fraud charge

Inquirer.net 07/21/2017

The National Bureau of Investigation (NBI) has filed before the Makati Prosecutor’s Office a criminal complaint against the Metropolitan Bank and Trust Company (Metrobank) executive who was arrested last Monday for attempting to pocket P2.25-million loan payment…

Duterte calls on Filipinos to stand up against corruption

Ador Vincent S. Mayol 03/02/2017

CEBU CITY–Assert yourselves. Hoping to eradicate or lessen corruption, President Rodrigo Duterte called on Filipinos not to remain silent and to instead stand up against irregularities in government. “The thing about corruption is that Filipinos are not…

Cebu Customs shores up image with P1B surplus collection

Victor Anthony V. Silva 01/04/2017

A customs official in Cebu hoped that the surplus in import taxes and duties collected in 2016 would help change the public’s perception on the Bureau of Customs (BOC) and its workers. Cebu district collector Rico Rey…

‘Incremental increase’ in AFP, PNP’s pay out by August -Digong

07/27/2016

FORT MAGSAYSAY, Nueva Ecija — President Rodrigo Duterte on Tuesday vowed to provide an incremental increase in the salaries of state forces starting next month. “Starting next month, (may) incremental increase (na) sweldo niyo,” Duterte said in…

BIR suspends tax probe on Loot and Lim assets

Ador Vincent S. Mayol 07/14/2016

TWO days after announcing that it would start to validate the tax returns of controversial retired general Vicente Loot and all those with the name of “Peter Lim” in Cebu to check on their possible undeclared properties…

Startups, SMEs need tax breaks to grow: Aquino

Stephen D. Capillas 07/14/2016

THE government should support rather than make it difficult for startups and small businesses to grow by giving them tax breaks in their first two years of operation, Sen. Paolo Benigno “Bam” Aquino IV said Thursday. During…

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