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MANILA, Philippines — The New Year will bring good tidings to a majority of Filipino fixed-income earners. Starting Jan. 1, 2023, individual taxpayers will pay lower income tax rates, but those earning over P8 million annually will…
Higher prices of gasoline, diesel and cooking gas will greet Filipinos on the first day of 2020 as the third tranche of excise tax increases takes effect. Smokers also will have to brace for higher prices of…
CEBU CITY, Philippines — Labor groups in Cebu will ask congressional and Senate bets to push for workers’ agenda if they get elected into office. The labor groups’ twin agenda include the implementation of a P750-national minimum…
CEBU CITY, Philippines — Members of two labor groups in Cebu gathered at the historic Colon Street for a protest rally against contractualization on Tuesday, April 9, 2019, in time for the commemoration of Araw ng Kagitingan…
President Rodrigo Duterte will look into the recommendation of the government’s economic managers to push through with the scheduled increase in oil excise taxes next year, Malacañang said Friday. The administration’s economic managers had initially called for…
WINE consumption is expected to grow despite price increases brought about by the implementation of the Philippine Government’s Tax Reform for Acceleration and Inclusion Package (TRAIN). Yogi Ringler, Future Trade International’s (FTI) chief marketing officer, said the…
TRAIN ALSO AFFECTS THE DEAD As All Souls’ Day draws nearer, a lawmaker warned the public that the Tax Reform for Acceleration and Inclusion (TRAIN) law, coupled with the skyrocketing inflation rate, affects not just the living…
As independent and major oil companies implement another round of fuel price cuts on Sunday (Oct. 21) and Monday (Oct. 22), a transport group believed that only with the repeal of the Oil Deregulation Law and the…
Oil companies are set to implement a rollback in the prices of gasoline at 6 a.m. on Monday (October 22). Gasoline prices will be reduced by P1.60 to P1.90 per liter, and P0.90 to P1 per liter…
Cause-oriented groups in Cebu are calling for the abolition of the Tax Reform for Acceleration and Inclusion (TRAIN) Law claiming that it has increased the rate of hunger in the Philippines. Angel Trocio, secretary general of Gabriela…
SHOULD fuel prices continue to rise, Cebu City Hall will cut off the fuel allocation for some of their vehicles in favor of ambulances, police vehicles and trucks used to collect garbage. Ronald Malacora, chief of City…
CEBU businessmen are encouraging the government to focus on the country’s competitiveness as Congress continues to deliberate on the second package of the Tax Reform for Acceleration and Inclusion (TRAIN) law. Antonio Chiu, Cebu Chamber of Commerce…
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