Transport group in Cebu eyes more protests against Train 2

Rosalie O. Abatayo 01/02/2019

  CEBU CITY — Expect more protests from the transport sector in Cebu at the start of 2019. Pinagkaisang Samahan ng mga Tsuper at Operators Nationwide Cebu (Piston Cebu) chairperson Greg Perez told CDN Online that the…

Sen Aquino: pushing TRAIN 2 is difficult

Morexette Erram 11/10/2018

For Senator Paolo Benigno “Bam” Aquino IV, passing and enacting the second tax reform package will have a hard time getting its approval from the Senate. Aquino said that with no favorable response from the business sector,…

Poe on Train 2: Address causes of inflation first

Inquirer.net 09/12/2018

“I DON’T know if it is time to actually consider TRAIN 2,” Senator Grace Poe said on Wednesday, noting that the people are still hurting from the effects of the Tax Reform for Acceleration and Inclusion law…

DOF official expects no job loss under Train 2

Inquirer.net 08/22/2018

FINANCE officials are not expecting any loss of jobs under the second package of the government’s new tax reform plan. Cash grants, however, would be put into place as part of a contingency plan if “minimal” or…

TRAIN 2 concerns won’t slow down property boom

Jose Santino S. Bunachita 08/15/2018

BROKERS UPBEAT ON SECTOR’S PROSPECTS Cebu’s real estate boom is expected to continue in the coming years. Officials of the PAREB-Cebu Real Estate Inc. (Pareb-Cereb) remain optimistic that the burgeoning property sector will retain its growth in…

Legislator: ‘Business instability’ TRAIN 2 bill’s biggest hurdle

Inquirer.net 08/06/2018

FOREIGN investors could veer away from the Philippines over any perceived “instability” in the business environment that could arise from the second package of the Tax Reform for Acceleration and Inclusion (TRAIN) Act. Deputy Speaker Sharon Garin…

Sotto: TRAIN 2 may be passed before 2019 elections

Inquirer.net 08/04/2018

SENATE President Vicente Sotto III on Saturday said his bill for the second package of the government’s tax reform program has a chance to be approved before the 2019 Elections. According to Sotto, the Tax Reform for…

TRAIN 2 a House priority – Arroyo

Inquirer.net 07/31/2018

THE House of Representatives will prioritize package two of the Tax Reform Acceleration and Inclusion (TRAIN) Law, Speaker Gloria Macapagal-Arroyo said Tuesday. “Remember in the Sona (State of the Nation Address) of President (Rodrigo) Duterte, it’s there,”…

Cebu biz leaders back TRAIN 2

Jose Santino S. Bunachita 07/25/2018

  With President Rodrigo Duterte’s push for the approval and implementation of the next tax reform packages, local business leaders have also expressed their support for the move. Cebu Chamber of Commerce and Industry (CCCI) President Antonio…

TRAIN 2 concerns won’t spook investors eyeing Cebu – experts

Jose Santino S. Bunachita 07/23/2018

There may be uncertainties on whether incentives for companies, especially those in economic zones, will be retained or not with the proposed second tax reform package, but real estate experts remain optimistic in Cebu’s growth. Experts from…

TRAIN 2, incentives and PEZA’s push

Jose Santino S. Bunachita 07/18/2018

PEZA chief assures Cebu IT-BPM players, execs of strong lobby to retain incentives Cebu’s information technology and business process management (IT-BPM) sector was assured that the incentives they were currently enjoying would be retained even with the…

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