A one-percent excise tax on remittances under the proposed "One Big Beautiful Bill" in the United States (US) could reduce Filipino remittances by $1.9 billion, or approximately ₱108 billion, in 2026, the Department of Finance (DOF) estimated. Finance Undersecretary and Chief Economist Domini...
The country’s oldest business group is urging President Ferdinand Marcos Jr. to advance his administration’s entire agenda through a single bill, similar to the One Big Beautiful Bill recently signed into law by United States (US) President Donald Trump. The Chamber of Commerce of the...
A bill supported by United States (US) President Donald Trump, currently pending approval in the US Senate, would likely only minimally reduce remittances to the Philippines as more Filipinos who used to work overseas have returned home, according to Deutsche Bank Research. In a June 20 report,...
The proposal to tax outbound remittances of non-United States (US) nationals would slash Philippine inflows by as much as $476.5 million or over ₱26 billion per year, according to estimates from the Washington-based Center for Global Development (CGD). In a May 28 blog post, CGD experts Helen...
Money sent home by Filipinos working and living in the United States (US) is seen at risk from the remittance tax proposal pending in the US Congress, according to the think tank Capital Economics. "The proposed five-percent US tax on remittance outflows would have a particularly large negative...
A SCREENSHOT of the music video in which Brig. Gen. Roderick Augustus Alba is singing and dancing to the tune of ‘Life is Beautiful’ jingle. The scene was shot at the Magellan’s Cross beside the Basilica Minore del Santo Nino de Cebu. (Calvin D. Cordova) CEBU CITY – The hashtag...
Vice presidential candidate Davao City Mayor Sara Duterte-Carpio isn't your typical dainty lady politician. In fact, some have compared her to father, President Duterte, and claimed that her persona is just as tough, if not tougher than her old man. From left to right: Davao Occidental Governor...
BLACKPINK’s Lisa emerged on top of the list of “The 100 Most Beautiful Faces of 2021” published by TC Candler and The Independent Critics. “Unlike most other annual beauty rankings, the 100 Most Beautiful Faces List is not a popularity contest and it is definitely not country specific. It...
What do Ivana Alawi, Liza Soberano and Janine Gutierrez have in common? They are among film critic website TC Candler’s Most Beautiful Women of 2021. Note that in the list, Ivana is at number four while, Liza and Janine landed the 18th and 78th spot, respectively. It is Janine’s first time to...
President Duterte turned to his trusty jokes and punchlines to make typhoon "Odette" victims in Cebu laugh and perhaps forget about their plight, even for a little while. President Rodrigo Duterte speaks during the distribution of government aid to typhoon victims in Cebu on Dec. 19, 2021....
President Duterte bragged about the state of the country’s airports on late Monday night, Dec. 6, describing them as "at par" with airports elsewhere. (Screenshot from Facebook live) Speaking during his pre-recorded "Talk to the People" public briefing, Duterte once again showed a recent clip of...
President Duterte was so impressed upon seeing the new Presidential Security Group Station Hospital (PSGSH) on Wednesday, Nov. 10, that he joked it "feels good to die". The Presidential Security Group Station Hospital (Screenshot from Facebook live) Duterte led the inauguration of the 9,000-square...
