The Court of Tax Appeals (CTA) has denied the petition of the National Development Company (NDC) which sought a P42.6 million refund from the Bureau of Internal Revenue (BIR) for alleged erroneously collected value added tax (VAT) from second quarter of 2015 to third quarter of 2016. NDC, a...
Malacañang has approved and adopted a new action plan to optimize demographic opportunities and address population issues in the next five years. File photo Executive Secretary Lucas Bersamin signed Memorandum Circular No. 40, which approved and adopted the Philippine Population and Development...
Sen. Ramon "Bong" Revilla said on Thursday, November 16, that they are contemplating filing charges against the drivers who impersonated him after using the EDSA busway. The two drivers who name-dropped Revilla's name when their vehicles were flagged down for using the EDSA bus lane surfaced on...
Sen. Francis Tolentino urged on Thursday the expansion of the administration’s flagship project, the Food Stamp Program (FSP), led by the Department of Social Welfare and Development (DSWD). During the plenary debates on the agency’s 2024 budget, Tolentino said, “I hope that the program can...
The Sandiganbayan has ordered former Department of Agrarian Reform (DAR) undersecretary Narciso B. Nieto to present his evidence starting on Nov. 28 on graft and malversation of public funds cases filed against him in the alleged misuse of the P20 million priority development assistance...
To enhance investment returns, the Social Security System (SSS) has tapped two government-owned banks to serve as its local fund managers for the next three-year period. Rolando Ledesma Macasaet, SSS president and chief executive officer said, the pension fund has allocated P2 billion in...
The National Economic and Development Authority (NEDA) said achieving the lower end of the government's growth target range is still achievable due to increased public spending and the upcoming holiday season. During a briefing in San Francisco, California, NEDA Secretary Arsenio M. Balisacan...
Ako Bicol Party-list Rep. Christopher Co (Facebook) Former Ako Bicol Party-list Rep. Christopher Co has denied ownership of the white Toyota Land Cruiser that was flagged Wednesday morning, Nov. 15 by Metropolitan Manila Development Authority (MMDA) traffic...
Task Force Special Operations (TFSO) chief Edison "Bong" Nebrija will no longer be seen on the streets starting Thursday, November 16 as he will be under preventive suspension after the bus lane incident that involved the name of Sen. Ramon "Bong" Revilla Jr. Senator Ramon "Bong" Revilla Jr....
The National Economic and Development Authority (NEDA) released the Implementing Rules and Regulations (IRR) of Republic Act No. 11927 or the Philippine Digital Workforce Competitiveness Act. The law is mandated to conceptualize and promote policies that would enhance the competitiveness of the...
Filinvest Development Corporation (FDC), the investment holding company of the Gotianun family, reported a 57 percent rise in attributable net income to P5.9 billion for the first nine months of 2023 from the P3.8 billion generated in the same period last year as it continues to recover from the...
ILOILO CITY – The National Economic and Development Authority (NEDA)-6 said the proposed bridge linking the islands of Panay and Guimaras will be constructed and completed by the end of the Marcos administration. A PERSEPECTIVE of the proposed Panay-Guimaras-Negros bridge. (DPWH) “It is...
