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The motor vehicle user’s charge (MVUC)—whose proposed higher rate has been pending approval in the Senate—is needed to build and maintain more roads in the Philippines, the state-run think tank National Tax Research Center (NTRC) said. Since…
MANILA, Philippines — Health Secretary Francisco Duque III on Monday called for the suspension of the increase in premium payments to the Philippine Health Insurance Corp. (PhilHealth) of overseas Filipino workers (OFWs), as provided in the implementing…
MANILA, Philippines — Malacañang urged teachers in the country to be patient as they demand for the salary increase that President Rodrigo Duterte has promised them. Presidential Spokesperson Salvador Panelo issued the statement after he said Education…
MANILA, Philippines — Malacañang assured teachers on Monday that President Rodrigo Duterte was “working” on their salary increase as he ordered his economic managers to look for funding. “The President is working on that and hopefully that…
With each passing day leading to the Southeast Asian Games, the Philippine Sports Commission (PSC) is adding more and more reasons for the country’s national athletes to be motivated. Aside from the renovation of major sports facilities…
Stakeholders of the agriculture sector are afraid the second round of fuel tax increases next month may not bode well for food producers since the measure will translate to higher production costs. Industry leaders who talked to…
Even if petroleum companies will implement an increase in the price of fuel, the Department of Trade and Industry (DTI-7) is not expecting any movement in the price of the basic commodities, especially on Noche Buena…
DESPITE softening global oil prices, the Bangko Sentral ng Pilipinas (BSP) may remain hawkish through 2019 to curb inflation expectations and stabilize the local currency, an economist from Dutch financial giant ING said. Nicholas Mapa, ING Philippines…
SEN. Sherwin Gatchalian wants President Rodrigo Duterte to continue with the suspension of the second tranche of the excise tax on petroleum products despite the advice of his economic managers. “I urge President Duterte to still push…
Some senators rejected Friday the plan of President Rodrigo Duterte’s economic managers to proceed with the second tranche of oil excise tax hike set on January 2019 as mandated under the Tax Reform for Acceleration and Inclusion…
House Majority Leader Rolando Andaya Jr. yesterday said the “fate” of 2019 national budget has no impact on pay hike set for government employees next year. “It [salary increase] will go on as programmed, even in the…
The P25 wage increase for workers in the National Capital Region (NCR) takes effect today, Nov. 22. According to Wage Order No. NCR-22 published last Nov. 7, the new minimum wage rates in Metro Manila shall be…
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