The Department of Agriculture in Caraga region (DA-13) expects enhanced seaweed production in a town in Dinagat Islands province upon the completion of needed facilities. In a statement sent to the Philippine News Agency on Thursday, the DA-13 said it is fast-tracking the completion of the Seaweed Solar Dryer and Storage Facility in Barangay New Mabuhay in the municipality of Dinagat that will benefit hundreds of seaweed farmers and local fishermen in the area. The project, with a total cost of PHP3,650,575 and funded under the Philippine Rural Development Project, was started in the last week of July and is
Speaker Lord Allan Velasco on Thursday said President Rodrigo Duterte’s pronouncement to loosen the face shield mandate would somehow ease the financial burden of poor Filipino families who were adversely affected by the coronavirus disease (Covid-19) pandemic. Velasco said the new policy that face shields are no longer required outdoors is a welcome development. “We fully support his continuing effort to come up with policies that aim to unburden our kababayans during these trying times,” Velasco said. Velasco thanked the President for heeding the advice of medical experts to limit the use of plastic face coverings in “3 Cs”—closed spaces,
A general tax amnesty is set to benefit delinquent business and real property taxpayers, as well as those who committed traffic violations in Manila. “The general Amnesty shall apply on all appropriate surcharges, penalties and interests incurred due to unpaid local business taxes, regulatory fees, and service charges; interest penalties on all classes of delinquent real properties (Residential, Commercial, Industrial, and Special) within the territorial jurisdiction of the City of Manila; and penalties on all other overdue accounts,” said Ordinance 8773 signed by Mayor Francisco “Isko Moreno” Domagoso on Thursday. The ordinance said the amnesty may be availed of only
The chairman of the House Ways and Means Committee on Thursday said establishing a tax regime for Philippine Offshore Gaming Operators (POGOs) would help stabilize the industry, which was “wracked by the uncertainty” due to the Supreme Court’s (SC) temporary restraining order (TRO) on their tax treatment. Albay Rep. Joey Salceda made the statement as he lauded President Rodrigo Duterte for signing Republic Act No. 11590, which imposes a 5 percent tax on gross gaming revenues (GGR) of offshore gaming licensees and a 25 percent withholding tax on foreigners employed by POGOs. “President Duterte was very clear: He will only
President Rodrigo Duterte has signed into law a measure imposing additional taxes on Philippine Offshore Gaming Operators (POGOs), Malacañang said on Thursday. Duterte on Wednesday inked Republic Act 11590 or An Act Taxing POGOs, as part of the government’s efforts to regulate all forms of legal gambling and prohibit illegal gambling operations, Presidential Spokesperson Harry Roque said in a virtual presser. Under RA 11590, around 60 percent of the total revenue collected from POGOS will be allocated for the implementation of the Universal Health Care Act, Roque said. Roque said about 20 percent of the revenue will be allotted for
State-run financing firm Small Business Corp. (SBCorp) and Monde Nissin Corp. have signed a memorandum of agreement (MOA), making the latter the first accredited fast-moving consumer goods (FMCG) company partner for its Sustaining Trade Access to Primary Food and Link to Enterprises or STAPLES program. “STAPLES will provide sari-sari stores who are customers of authorized Monde distributors access to collateral-free and interest-free loans to increase their working capital and to help make small businesses more robust especially in the face of the pandemic,” Monde said in a statement on Thursday. The publicly listed food maker said SBCorp, the financing arm
