IKOT.PH
Senator Sonny Angara said part of the incremental revenues of the proposed tax reform measure should be allocated for the strengthening of government’s employment assistance targeted to workers who may be affected by the tax reform. “Oo nga’t mababawasan ang buwis para mas malaki ang maiuuwing sweldo ng ating mga kababayan, pero mahalaga na […]
Closed bank accounts can be looked into because these are no longer covered by the Bank Secrecy Law, according to Senator Chiz Escudero. “A closed account is no longer covered by the bank secrecy law nor by the provisions of the general banking act given the absence of funds in the custody of the […]
The Senate passed on third and final reading a bill seeking to reduce the requirements and streamline the processes in starting and operating businesses to create a more conducive business environment in the country. Senate Bill No. 1311, or the “Expanded Anti-Red Tape Act of 2017” was approved with 17 affirmative votes, zero negative […]
Senator Sonny Angara wants the expected revenue gain from the proposed tax reform measure to go to specific projects and programs including the funding of the free college law, the expansion of free dialysis coverage, and the improvement of public transportation system. The Department of Finance (DOF) estimated that the government can collect P134 billion during […]
Villar SIPAG in partnership with UNILEVER conducted a handbag making training using plastic wastes to create livelihood opportunities to some 50 OFWs and their families in Pililla, Rizal. Dubbed as OFW Hanepbuhay, UNILEVER conducted the skills training to housewives, unemployed individuals, and out of school youth who want to invest in new livelihood opportunities […]
Digitalization is a great equalizer that levels the playing field for large and small business players, the country’s trade chief said at the successful Philippine hosting of the ASEAN 2017 Micro, Small and Medium Enterprises (MSME) Development Summit. “Through innovation and digitalization, we are confident that MSMEs can leapfrog their status as globally-competitive enterprises, […]
After intense scrutiny from both chambers of Congress and the President himself, a legislation that will put casinos within the ambit of the Anti-Money Laundering Act is now a law, according to Senator Chiz Escudero, who has been in the forefront of including the gaming industry under the coverage of AMLA. Republic Act No. […]
Senator Bam Aquino urged unemployed Filipinos to visit the closest Negosyo Center so they can get help in starting a business. “Habang wala kayong nahahanap na trabaho, bakit di muna subukang magnegosyo. Hindi dapat matakot dahil naririyan ang mahigit 500 Negosyo Centers sa iba’t ibang bahagi ng bansa para kayo’y tulungan,” said Aquino. According […]
Prioritizing consumers’ safety, the Department of Trade and Industry (DTI) continues to crack down on business establishments selling uncertified, inferior or substandard critical products. DTI’s Fair Trade Enforcement Bureau (FTEB) conducted special monitoring and enforcement activities in three (3) general merchandise stores (Wawawei General Merchandise, Royal Mac Store, and Jackman Emporium) in Muñoz, Quezon […]
Following the 2017 Doing Business (DB) Report indicating that the Philippines moved up four spots from 103rd last year to 99th out of 190 economies, Department of Trade Industry (DTI) Secretary Ramon Lopez expressed hope for the Philippines to reach top 20 by 2020 in the global competitiveness and ease of doing business (EODB) […]