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                    [Title] => House panel OKs rent control extension
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                    [Title] => SRA asks BIR to postpone 12% VAT on sugar
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                    [Title] => EU offers to help Phl exporters on timber rule
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                    [Title] => Gov't approves anti-smuggling measure on cigarettes
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The government has approved a revenue regulation that requires affixing of internal revenue stamps on imported and locally manufactured cigarettes, a senior government official said today.

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                    [Title] => EDITORIAL - Weak regulation
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With more than 20,000 registered non-government organizations and foundations, it will be difficult for the Securities and Exchange Commission to determine which ones were used to illegally funnel billions from the Priority Development Assistance Fund or pork barrel to personal accounts.

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                    [Title] => QC court halts 12% VAT on raw sugar
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Among the numerous non-government organizations that were recipients of lawmakers’ Priority Development Assistance Fund, 82 were questionable, according to the head of the Commission on Audit, Ma. Gracia Pulido-Tan.

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The Sugar Regulatory Administration (SRA) has asked the Bureau of Internal Revenue (BIR) to postpone the implementation of the recently imposed 12 percent advance value-added tax on raw and refined sugar until the start of the next crop year.

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A Quezon City court has temporarily stopped the imposition of the 12 percent value added tax (VAT) on raw sugar as it hears the petition of sugar millers for the nullification of an internal revenue regulation ordering such.

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abtest

Third worldwide: Philippines still Asia’s microfinance leader – EIU

By Lawrence Agcaoili | December 13, 2015 - 9:00am

The Philippines maintained its rank as the microfinance leader in Asia and the third best in the world this year, according to a survey conducted by the Economist Intelligence Unit (EIU).

Business

House panel OKs rent control extension

By Paolo Romero | November 29, 2015 - 9:00am

The House committee on housing and urban development has approved a resolution that seeks to extend the government’s regulation of rent for two more years to protect home renters from sudden rental increa...

Headlines

SRA asks BIR to postpone 12% VAT on sugar

March 26, 2015 - 12:00am

The Sugar Regulatory Administration (SRA) has asked the Bureau of Internal Revenue (BIR) to postpone the implementation of the recently imposed 12 percent advance value-added tax on raw and refined sugar until the...

Business

EU offers to help Phl exporters on timber rule

By Louella Desiderio | December 30, 2014 - 12:00am

The European Union (EU) is keen on providing assistance to the Philippines to allow the country’s exporters to comply with the bloc’s new timber regulation against illegal logging.

Business

Gov't approves anti-smuggling measure on cigarettes

September 15, 2014 - 11:30pm

The government has approved a revenue regulation that requires affixing of internal revenue stamps on imported and locally manufactured cigarettes, a senior government official said today.

Business

Lawmakers warn of hike in sugar prices

By Jess Diaz | March 13, 2014 - 12:00am

Congressmen warned the public yesterday that sugar prices will soon go up in the wake of what they called “wrong” Bureau of Internal Revenue (BIR) ruling removing the commodity’s exemption from...

Business

EDITORIAL - Weak regulation

January 31, 2014 - 12:00am

With more than 20,000 registered non-government organizations and foundations, it will be difficult for the Securities and Exchange Commission to determine which ones were used to illegally funnel billions from the...

Opinion

QC court halts 12% VAT on raw sugar

November 25, 2013 - 12:00am

A Quezon City court has temporarily stopped the imposition of the 12 percent value added tax (VAT) on raw sugar as it hears the petition of sugar millers for the nullification of an internal revenue regulation ordering...

Business

EDITORIAL - Casualties of a scandal

October 14, 2013 - 12:00am

Among the casualties of the continuing scandal over the misuse of pork barrel funds are non-government organizations.

Opinion

EDITORIAL - Failure of regulation

August 17, 2013 - 12:00am

Among the numerous non-government organizations that were recipients of lawmakers’ Priority Development Assistance Fund, 82 were questionable, according to the head of the Commission on Audit, Ma. Gracia ...

Opinion