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Saturday, January 17, 2009

 

Govt to push for new taxes

By Ben Arnold O. De Vera, Reporter

THE Philippine would push for new tax measures, as the government is hard-pressed raising resources to finance a fiscal stimulus package meant to cushion the impact of a global economic slowdown.

In a speech before the Philippine Chamber of Commerce and Industry on Friday, Finance Secretary Margarito Teves said that Congress should immediately enact legislative measures that would beef up collections, including raising taxes on tobacco and alcohol products.

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O T H E R   R E P O R T S

 

THE Board of Investments (BOI) projects flat growth for investment pledges this year.

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HALF of Metro Manila may have to wait a while longer before enjoying the benefits of having a wastewater treatment facility after regulators deferred the increase in rates.

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THE government is looking at a private investor to fund the Light Rail Transit Line 2 (LRT 2) east extension project as the Department of Transportation and Communication (DOTC) has no budget to implement the project,...

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ABOITIZ Power Corp. (AP) said its Tamugan hydro project in Davao City may be delayed because of an ongoing water rights claim by the city’s water district, a company official said.

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LEARNING & INNOVATION
By Moje Ramos-Aquino, FPM

LAST column, we identified what makes us happy. This time, let us identify people who want and help us to be happy. It is always good to be with people who want us to succeed and be happy.

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