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Monday, December 24, 2007 |
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Recalcitrant taxpayers penalized
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Government will penalize large taxpayers who
resist paying taxes through electronic filing and payment system (EFPS),
the Bureau of Internal Revenue announced.
BIR Commissioner Lilian B. Hefti said the agency
will slap a 25-percent surcharge on recalcitrant taxpayers who
insist on manually paying their due via the revenue collection
officers (ROCs).
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BSP sees slowdown in money supply in ‘08
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The Bangko Sentral ng Pilipinas said growth of
domestic liquidity (M3) or the demand of money is likely to slow
down next year.
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ATI to renew Aboitiz Transport’s contract
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ASIAN Terminal, Inc. said it will renew the
contract of Aboitiz Transport System Corp. to operate at the Eva M.
Macapagal Super Terminal at Pier 15, South Harbor, Manila.
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Rockwell Land to push back IPO to late 2008
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The real-estate arm of the Lopez group will push
back its maiden share offering to late 2008 to wait for the volatile
market to settle down and avoid competing with other companies
planning their own listing debuts in early half of next year.
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Multimillion-dollar loan to facilitate EC’s
participation in spot market under way
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A proposed multimillion-dollar loan designed to
help electric cooperatives (EC) effectively participate in the local
spot market for electricity may finally push through early next
year.
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MANAGING
FOR SOCIETY
By Rene F. Concepcion
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The gift of Philippine pride
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Last month, I gave a talk to high-school students about being proud
to be a Pinoy. It wasn’t as easy as I thought it would be.
I am proud of our country, but since I had just arrived from a long
overseas trip, I was guilty of being envious of other nations.
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