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Monday, January 14, 2008

 

Suspend EVAT on oil for 6 months–Roxas

Senator Mar Roxas urged the officials and allies of Malacañang to stop questioning his motives or resorting to name-calling, and instead consider the merits of his proposal to suspend for six months of the 12-percent value-added tax (VAT) on oil products.

Roxas was criticized of early campaigning for 2010 in proposing the suspension and eventual elimination of the VAT on oil products. The administration had rejected the proposal, saying it would result in the loss of P60 billion in revenues, and the downgrading of the country’s credit standing.

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O T H E R   R E P O R T S

 

The House Committee on Appro­priations vehemently denied the accusation of former Senator Frank­lin Drilon that the Lower House made insertions in the budget bill to increase the pork barrel funds for legislators by P13.5 billion.

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If a community chooses to open its area to the mining industry, they actually negate any opportunity to develop their area to a tourism spot, Tourism Secretary Joseph “Ace” Durano said.

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STARTING today, the processing of tourist visas at the Bureau of Immigration, which usually took a month or even longer in the past, will just take a day.

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THE controversial P300-million call-center project of the Com­mission on Higher Education has “indefinitely suspended” its operations following the conti­nued nonpayment of the agency of some P49.4 million in work ex­pen­ses for the project.

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Sabah’s Chief Minister Datuk Seri Musa Hajji Aman told Filipino lawmakers who visited the oil-rich Malaysian state to expedite the return of the illegal Filipinos detained in jails, the Malaysian Daily Express said.

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Severino O. Frayna Jr., Benjie Dela Rosa
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