House Ways and Means Chair Joey Sarte Salceda (Albay, 2nd district) thanked his Senate counterparts for the swift proceedings of the bicameral conference committee on the CREATE MORE Act. The Senate adopted Salceda’s proposals for making petroleum suppliers for all tax-exempt entities eligible for tax refunds, allowing local government units to set the RBE local […]
Read MoreRep. Joey Sarte Salceda Today’s inflation report was much needed breathing room. The inflation rate was largely driven by rice and corn prices, which were higher year-on-year, due to base effects. But if you look at month-on-month figures, rice and corn are actually cheaper now than they were last month. So, the trend is actually […]
Read MoreRep. Joey Sarte Salceda The House contingent will seek to resolve differences in principle between the Senate and House versions of the CREATE MORE Act in a bicameral conference committee. We choose not to adopt the Senate version for several important reasons. First, the Senate version did not adopt our effort to, once and for […]
Read MoreBDO promised to be online by 7 am today. It has been almost half a day since that promise. BDO being the country’s largest bank, this shakes confidence in the cyber infrastructure of the country’s financial system. Credit cards, ATM services, and other non-branch banking services are unavailable. Practically the whole non-branch system is shut […]
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