House Ways and Means Chair Joey Sarte Salceda (Albay, 2nd district) thanked the House of Representatives for approving House Bill No. 10985, which promotes job opportunities for senior citizens by expanding the benefit companies get from hiring seniors from an additional 10% deduction on their taxable income to 25%. The bill also aims to waive […]
Read MoreTeam Albay, the humanitarian and disaster relief mission initiated by then-Governor Joey Sarte Salceda in 2007, has once again reassembled to help Catanduanes towns critically affected by Super Typhoon Pepito. Team Albay, a multi-awarded program that was the first full mission to arrive on the scene in Tacloban in the aftermath of Yolanda in 2013, […]
Read MoreHouse Ways and Means Chair Joey Sarte Salceda (Albay, 2nd district) says that the House tax panel will recommend that the House adopt SB 2415 or the VAT refund on tourists, based largely on House Bill No. 7292, principally authored by Salceda. “We are very amenable to the Senate version, which doesn’t really deviate much […]
Read MoreHouse Ways and Means Committee Chair Joey Sarte Salceda (Albay, 2nd district) credited President Marcos’s ‘steady hand in fiscal and economic policy” as “what keeps the country’s prospects strong despite a volatile global environment” as credit rating agency Moody’s affirmed the Philippines’ investment grade rating of Baa2 and outlook as “stable.” “The global environment is […]
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