Pickup trucks’ sales help car dealers cope with Train’s hits

Jose Santino S. Bunachita 11/22/2018

Exemptions on some car models under the Tax Reform for Acceleration and Inclusion (Train) law are helping car dealers cope with their sales targets. While most car models have been slapped with excise taxes ranging from 4…

Demand for wine continues to grow despite price hikes

Cris Evert Lato-Ruffolo 11/14/2018

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…

Villamor prefers for Nietes to train in Cebu for Ioka fight

Glendale G. Rosal 11/03/2018

THE camp of three-division world champion Donnie “Ahas” Nietes prefers that the longest reigning Filipino boxing world champion train in Cebu for his super-fight against fellow three-division world champion Kazuto Ioka of Japan on New Year’s Eve…

Legislators urged: Tune out poll noise, pass tax reform packages

Inquirer.net 10/24/2018

THE head of the administration’s economic team is urging legislators to heed the President Rodrigo Duterte’s call and immediately pass the remaining packages of its comprehensive tax reform proposal despite cynical reception by some sectors. “Our legislators…

Taiwan president calls for quick probe of fatal train crash

AP 10/22/2018

DONGSHAN TOWNSHIP, Taiwan — Taiwan’s president pressed for a quick, transparent probe into the cause of the island’s worst train crash in nearly three decades as the search of the derailed cars ended and crash investigators examined…

A way out of poverty

10/17/2018

Not a few tears were shed, nor were there fewer groans of despair heard when it was announced that there were two winners of the P1.180 billion ultra lotto grand prize, the biggest last Sunday evening. The…

Groups call to abolish TRAIN law

Delta Dyrecka Letigio 10/16/2018

Cause-oriented groups in Cebu call on the abolition of the Tax Reform for Acceleration and Inclusion (TRAIN) Law in line with the World Food Day. Angel Trocio of Gabriela Cebu said that the TRAIN law has contributed…

Duterte told: TRAIN, not Trump, to blame for high inflation

Inquirer.net 09/09/2018

It’s TRAIN, not Trump. A lawmaker said President Duterte should blame the new tax reform law, Tax Reform for Acceleration and Inclusion (TRAIN) Act, and not US President Donald Trump, for the country’s high inflation. “Though, of…

Inflation? It’s the train, stupid!

Fernando Fajardo 09/06/2018

Inflation is now running at 6.4 percent. What can you do to overcome this? The answer depends on your station in life. If you are one of those with P250,000 in annual income, you have nothing much…

DTI: No significant price hikes since TRAIN implementation

Jose Santino S. Bunachita 08/22/2018

BASIC GOODS Almost eight months since the implementation of the Tax Reform for Acceleration and Inclusion (Train) law, prices of majority of basic necessities and prime commodities remain the same, the Department of Trade and Industry (DTI)…

Train brought down 2nd quarter GDP growth

Fernando Fajardo 08/09/2018

The Philippine economy grew by 6.0 percent in the second quarter of 2018. This is down from the 6.6 percent growth rate recorded in the same period last year and the much higher 6.9 percent growth rate…

Bam Aquino: TRAIN should be suspended

Inquirer 07/06/2018

After the approval of a P1 provisional jeepney fare hike, Senator Joel Villanueva on Friday said government needs to step up and address the factors that drive the rise of prices of goods and services in the…

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