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CEBU CITY — Southeast Asian Games medal winners based in Cebu City can expect higher cash incentives. Cebu City Mayor Edgardo Labella told reporters that he would be looking for other sources to increase cash incentives for…
CEBU CITY— Former Finance Secretary Roberto De Ocampo favors the Tax Reform for Attracting Better and Higher-quality Opportunities (TRABAHO) bill, the second package under the administration’s comprehensive tax reform program (CTRP). “The thrust of the administration in…
MANILA, Philippines — The Department of Education (DepEd) has expressed support to the proposal to impose a higher tax on tobacco products, saying it would make cigarettes “less available and affordable” to the youth. “Significant increase in…
What the government should do instead is to tax the sale of cars, with rates going up the more expensive the units. Then charge them with higher road user’s fee when they register their cars. Early this…
AIRLINES’ REIMPOSITION OF FUEL SURCHARGE Local tour and travel operators are wary over the recent decision of the Civil Aeronautics Board (CAB) to reimpose the fuel surcharge by airlines on plane tickets due to increasing prices of…
Cebu City Councilor Jerry Guardo is planning to compel the Visayas Electric Company (VECO) to raise its electric posts from 16 feet to 20 feet. Guardo said he is now drafting an ordinance to address the…
Cebu city’s bid to hike biz taxes Increasing taxes should be worthy and reflective of the services of local government, some business leaders in Cebu said. Cebu Business Club (CBC) President Gordon Alan Joseph said that while…
The Cebu City government could have earned an additional P1.6 billion if they had amended the Revised Omnibus Tax Ordinance and imposed a 10 percent increase, at most, in local taxes. “The Revised Omnibus Tax Ordinance of…
In response to rising inflation rate, the Bangko Sentral ng Pilipinas (BSP) raised its overnight reverse repurchase rate from 3.25 percent to 3.50 percent during its meeting last Wednesday. A similar increase was done only 6 weeks…
Passengers booked for international flights at Mactan Cebu International Airport (MCIA) can expect an increase in terminal fee after the newly constructed terminal 2 starts operations on July 1. MCIA general manager Steve Dicdican said they will…
While Cebu City was hailed as one of the safest cities to live in Southeast Asia, criminals should beware. Supt. Reyman Tolentin, spokesperson of the Police Regional Office in Central Visayas (PRO-7), warned those involved in illegal…
TECHNOLOGY lawyer Manuel C. Gordon, or simply MC Gordon, went beyond understanding human law and embraced the calling to answer a “higher law” in his first book published last year by Far Left Publishing. In “Higher Law,”…
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