P16-M worth smuggled onions busted

Through the directive of the commissioner of customs to alert all incoming shipment of consignees with smuggling record, another shipment of ASD Total Package Enterprises Inc. suspected to contain misdeclared agricultural products was intercepted at the Manila International Container Port.   The eight suspected containers arrived at the Manila International Container Port (MICP) on august 14, 2018, was… Read More »

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Newly-installed Floating Docks in El Nido Now Ready for Tourists

The installation of modular floating docks in El Nido is a pioneering project of the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) in El Nido, Palawan aimed at providing better and safer tourist experience.   “We want tourists to be safe wherever they go and this is the start.” TIEZA Chief Operating Officer Pocholo Paragas said as he… Read More »

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Current status of the Philippines Tax Incentives

Current status of the Philippines’ tax incentives system: “It’s complicated.”   Here in the Philippines, overly generous tax incentives are granted to businesses to the point that costs outweigh benefits.   Every peso granted by the government as a tax incentive is a potential revenue that could have been used for health, education, and infrastructure.   Revisiting our… Read More »

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Dr.Jose Rizal’s El Filibusterismo

On this day, Dr.Jose Rizal’s El Filibusterismo was printed in Ghent, Belgium on  Sept.18, 1891.   Also known as “The Reign of Greed,” the novel was dedicated in memory of the executed priests Mariano Gomez, Jose Burgos, and Jacinto Zamora known as the “Gomburza.”   Written in Spanish, the novel inspired the people of the Philippines to revolt… Read More »

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New Oil Price Hike

The new oil price hike will be effective tomorrow, September 18,2018. Petron on the other-hand will not implement the price hikes in kerosene in areas declared as under a state of calamity. This is the third petroleum price hike this month.

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