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    [results] => Array
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                    [ArticleID] => 759121
                    [Title] => BIR collects P101 B more than previous year
                    [Summary] => 

As of November 2011, taxes collected by the Bureau of Internal Revenue have bested last year’s performance by more than P101 billion.

[DatePublished] => 2011-12-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 704754 [Title] => Government waives P20B in ITH last year [Summary] =>

The government has waived P20 billion in income tax holiday (ITH) last year in exchange for P302 billion worth of Board of Investments (BOI) approved investments.

[DatePublished] => 2011-07-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 631088 [Title] => EDITORIAL - Picky environmentalism [Summary] =>

One naughty guy once asked: What is the difference between coal ash generated by coal-fired power plants and engine fumes generated by motor vehicles?

[DatePublished] => 2010-11-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Freeman Opinion [SectionUrl] => opinion [URL] => ) [3] => Array ( [ArticleID] => 588232 [Title] => Chinatrust net income up [Summary] =>

The Chinatrust (Philippines) Commercial Bank Corp. has reported a P234-million income in the first five months of 2010, or a 173-percent increase from the P85.7 million it recorded for the same period the previous year.

[DatePublished] => 2010-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [4] => Array ( [ArticleID] => 553303 [Title] => RP issues low tsunami alert following Chile quake [Summary] =>

The Philippine government on Saturday issued the lowest level of tsunami alert after a 8.8- magnitude earthquake generated a tsunami that could travel across the Pacific.

[DatePublished] => 2010-02-27 22:28:44 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [5] => Array ( [ArticleID] => 548013 [Title] => MGB: Mines in Central Visayas earn millions from wastes [Summary] =>

It’s a classic case of making money out of “trash.”

[DatePublished] => 2010-02-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [6] => Array ( [ArticleID] => 511926 [Title] => Tsunami warnings canceled in Pacific [Summary] =>

WELLINGTON (AP) – The Pacific Tsunami Warning Center has canceled all tsunami warnings and watches throughout the Pacific.

[DatePublished] => 2009-10-08 09:13:19 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [7] => Array ( [ArticleID] => 337352 [Title] => Gov’t raises P16.1B from EVAT collection in 1st quarter [Summary] => The Arroyo administration raised P16.1 billion from the implementation of its expanded value-added tax (EVAT) program during the first quarter of the year, exceeding its target by almost P600 million.

Data from the Department of Finance (DOF) showed that amid the shortage in tax collection, the government was able to realize added revenues during the first quarter as the VAT rate was increased from 10 percent to 12 percent beginning February.
[DatePublished] => 2006-05-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 327180 [Title] => Valenzuela posts higher income, savings [Summary] => Valenzuela Mayor Sherwin Gatchalian has reported that city generated more income despite the generally tight economic situation and produced even more savings reflecting sound fundamentals in fiscal management.

City Treasurer Evelyn de Guzman said the city income, comprising the General Fund and the Special Education Fund, generated a combined collection of P1.245 billion in 2005 against P1.018 billion in 2004.

The 2005 figure reflected an increase of P227 million over the previous year.
[DatePublished] => 2006-03-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Metro [SectionUrl] => metro [URL] => ) [9] => Array ( [ArticleID] => 305104 [Title] => Power to cost 25.8¢/kwh more due to EVAT — Napocor [Summary] => State-owned National Power Corp. (Napocor) said yesterday that the expanded value-added tax (EVAT) will only cost an additional 25.8 centavos per kilowatthour (kwh), representing the average impact of the new tax law on the power company’s generation charge.

"This will be the first time that electricity, among other goods and services, will be subject to VAT," Napocor said.
[DatePublished] => 2005-11-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 759121
                    [Title] => BIR collects P101 B more than previous year
                    [Summary] => 

As of November 2011, taxes collected by the Bureau of Internal Revenue have bested last year’s performance by more than P101 billion.

[DatePublished] => 2011-12-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 704754 [Title] => Government waives P20B in ITH last year [Summary] =>

The government has waived P20 billion in income tax holiday (ITH) last year in exchange for P302 billion worth of Board of Investments (BOI) approved investments.

[DatePublished] => 2011-07-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 631088 [Title] => EDITORIAL - Picky environmentalism [Summary] =>

One naughty guy once asked: What is the difference between coal ash generated by coal-fired power plants and engine fumes generated by motor vehicles?

[DatePublished] => 2010-11-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Freeman Opinion [SectionUrl] => opinion [URL] => ) [3] => Array ( [ArticleID] => 588232 [Title] => Chinatrust net income up [Summary] =>

The Chinatrust (Philippines) Commercial Bank Corp. has reported a P234-million income in the first five months of 2010, or a 173-percent increase from the P85.7 million it recorded for the same period the previous year.

[DatePublished] => 2010-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [4] => Array ( [ArticleID] => 553303 [Title] => RP issues low tsunami alert following Chile quake [Summary] =>

The Philippine government on Saturday issued the lowest level of tsunami alert after a 8.8- magnitude earthquake generated a tsunami that could travel across the Pacific.

[DatePublished] => 2010-02-27 22:28:44 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [5] => Array ( [ArticleID] => 548013 [Title] => MGB: Mines in Central Visayas earn millions from wastes [Summary] =>

It’s a classic case of making money out of “trash.”

[DatePublished] => 2010-02-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [6] => Array ( [ArticleID] => 511926 [Title] => Tsunami warnings canceled in Pacific [Summary] =>

WELLINGTON (AP) – The Pacific Tsunami Warning Center has canceled all tsunami warnings and watches throughout the Pacific.

[DatePublished] => 2009-10-08 09:13:19 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [7] => Array ( [ArticleID] => 337352 [Title] => Gov’t raises P16.1B from EVAT collection in 1st quarter [Summary] => The Arroyo administration raised P16.1 billion from the implementation of its expanded value-added tax (EVAT) program during the first quarter of the year, exceeding its target by almost P600 million.

Data from the Department of Finance (DOF) showed that amid the shortage in tax collection, the government was able to realize added revenues during the first quarter as the VAT rate was increased from 10 percent to 12 percent beginning February.
[DatePublished] => 2006-05-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 327180 [Title] => Valenzuela posts higher income, savings [Summary] => Valenzuela Mayor Sherwin Gatchalian has reported that city generated more income despite the generally tight economic situation and produced even more savings reflecting sound fundamentals in fiscal management.

City Treasurer Evelyn de Guzman said the city income, comprising the General Fund and the Special Education Fund, generated a combined collection of P1.245 billion in 2005 against P1.018 billion in 2004.

The 2005 figure reflected an increase of P227 million over the previous year.
[DatePublished] => 2006-03-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Metro [SectionUrl] => metro [URL] => ) [9] => Array ( [ArticleID] => 305104 [Title] => Power to cost 25.8¢/kwh more due to EVAT — Napocor [Summary] => State-owned National Power Corp. (Napocor) said yesterday that the expanded value-added tax (EVAT) will only cost an additional 25.8 centavos per kilowatthour (kwh), representing the average impact of the new tax law on the power company’s generation charge.

"This will be the first time that electricity, among other goods and services, will be subject to VAT," Napocor said.
[DatePublished] => 2005-11-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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