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Day: January 23, 2023

Business tax major contributor to Makati revenues

MANILA: The Makati City government attributed the 6-percent increase in its revenue collection target last year to business taxes.Of the total PHP20.9 billion collection in 2022, business taxes reached PHP9.1 billion or 10 percent bigger than the 2021 …

DOTr to prevent more delays in PNR Clark Phase 2 project

MANILA: The Department of Transportation (DOTr) will work closely with the contractor of the Philippine National Railways (PNR) Clark Phase 2 project to ensure that issues are addressed after its projected completion date was delayed by eight months.In…

DA-Bicol rolls out swine repopulation with over 3K piglets

LEGAZPI CITY: The Department of Agriculture-Bicol (DA-5) has distributed 3,345 piglets in 23 municipalities in the region as part of its swine repopulation program that will help mitigate the impact of the African swine fever (ASF) epidemic.In an inter…

CCAP backs hike in credit cards’ monthly interest rate cap

MANILA: The Credit Card Association of the Philippines (CCAP) on Monday said the latest decision of the Bangko Sentral ng Pilipinas (BSP) to hike the maximum finance charge on cardholder’s unpaid outstanding balance from 2 percent to 3 percent is a win…

Upskilling necessary to avoid job shedding from automation: DTI

MANILA: – Trade and Industry Secretary Alfredo Pascual on Monday reminded business executives to continue reskilling and upskilling their workforce to avoid job shedding as businesses adopt technology and embrace automation.During the inaugural meeting…

BARMM OKs P475-M investments for 2023

COTABATO CITy: The Bangsamoro Board of Investments in the Bangsamoro Autonomous Region in Muslim Mindanao (BBOI-BARMM) announced Monday it has approved the registration of three projects in the region worth PHP475 million.BBOI-BARMM Chairperson Mohamad…

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