The Court of Tax Appeals (CTA) has dismissed the petition filed by Arrow Freight Corporation (AFC) for a refund of P33.28 million in withholding taxes collected by the Bureau of Internal Revenue (BIR) for taxable year 2014. Instead, the CTA -- as a full court -- affirmed AFC's partial refund...
The Senate Committee on Finance has agreed to channel more funds for the implementation of the Functional Literacy, Education, and Mass Media Survey (FLEMMS). FLEMMS is a nationwide household-based survey that gathers information on basic and functional literacy rates, and educational skills...
BUTUAN CITY – The Police Regional Office-13 on Wednesday, November 15, reported a 14.86 percent decrease in total crime incidents in the Caraga region from November 5 to 11 compared to October 29 to November 4. KRAFT (Mike U. Crismundo) According to the PRO 13-Regional Investigation and...
The Manila Electric Co. (Meralco) said that the power prices in the country coincide with the real electricity costs, and that their rates are fair and reasonable to its service quality. Meralco issued the statement to clarify the recent statements made by ACT-Teachers Representative France Castro,...
Growth in the bulk prices of general goods slowed in September this year as food price growth eased, the Philippine Statistics Authority (PSA) reported. Based on the PSA data, the General Wholesale Price Index (GWPI) in the country dropped to 4.4 percent from 5.0 percent in August. It is also lower...
Reduction in transmission charge line item in the electric bills is the end-goal eyed from the completion of the rate reset review for system operator National Grid Corporation of the Philippines (NGCP), according to Senate Committee on Energy Vice Chairman Sherwin T. Gatchalian. The lawmaker is...
Senate Majority Leader Joel Villanueva said on Monday, Nov. 13 that seasonal employment should not be a benchmark of the country's low unemployment rate. This, the Senate official pushed for more quality jobs for the Filipinos. "Magandang aginaldo po ang trabaho para sa ating mga kababayan....
ILOILO CITY – The inflation rate in Western Visayas dropped 1.2 percent from 6.6 percent in September to 5.4 percent in October, the Philippine Statistics Authority (PSA)-6 said. VENDORS sell fruits and vegetables at the Iloilo Provincial Capitol grounds. (Tara Yap) “The downtrend in the...
Albay 2nd district Rep. Joey Salceda (Facebook) The administration of President Marcos has regained a position of strength, economist-congressman Joey Salceda of Albay's 2nd district said Thursday, Nov. 9. Salceda gave this assessment in light of the...
The number of unemployed Filipinos inched up in September while labor force participation declined, the Philippine Statistics Authority (PSA) reported. Based on the latest Labor Force Survey, the unemployment rate rose to 4.5 percent or 2.26 million, up from 4.4 percent in August or 2.21 million...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) Economist-solon Albay 2nd district Rep. Joey Salceda identified on Tuesday, Nov. 7 the three factors that contributed greatly to the lowering of inflation rate to 4.9 percent for the month of...
West Zone concessionaire Maynilad Water Services, Inc. said the company will put higher discounts on the water bills of low-income and low-consuming customers. Starting Jan. 1, 2024, Maynilad will launch the Enhanced Lifeline Program (ELP) as a way to extend greater discounts to marginalized...
