Wednesday, November 20, 2019

Jun 01 17, 10:37 am

Duterte orders suspension of importation of rice

President Rodrigo Duterte has ordered the suspension of the importation of rice in the country. He gave the order to the Department of Agriculture (DA) Sec. William Dar during a press conference late Tuesday evening saying that the suspension would help local farmers...

One Ayala – a one-stop shop for every OFW’s needs

DUBAI: Ayala Group of Companies will be conducting road shows across the UAE to roll out a unified program meant to take its services for Overseas Filipino Workers (OFWs) to the next level by way of a one-stop shop encompassing everything from real property to...

Health chief supports vaping ban

Health Secretary Francisco Duque III said he is supporting the decision of President Rodrigo Duterte to ban vaping or e-cigarettes. "I fully support the President's decision to ban this but again I think it would be prudent to wait until the EO (Executive Order) is...

Five year jail time, deportation for human trafficking ring

A criminal court in Ajman sentenced three Asian men and a woman to five years in prison and ordered their deportation after they were convicted of human trafficking. The four, aged between 32 and 48 years, were found guilty of locking up six Asian girls and forcing...

House approves tax reform bill in 246-9 vote

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The House of Representatives approved on Wednesday, May 31, a bill setting the annual personal income tax exemption to P250,000, increasing excise tax on fuel products and car sales, and taxing lotto winning and sugar-sweetened products.

House Bill No. 4774 or the Tax Reform for Acceleration and Inclusion Act (TRAIN) was approved by 246 congressmen with 9 voting against it before Congress takes its recess.

Under HB 4774, self-employed and or professionals shall pay eight percent income tax on gross income in excess of P250,000.

A P7 increase in excise tax per liter of unleaded premium gasoline, diesel, asphalts, bunker fuel, kerosene, premium gasoline and other products will be imposed on a staggered basis.
The average P2 to P3 hike will be implemented starting 2018, followed by a P2 hike starting 2019 and P1 hike in 2020.

There will be a P10 per liter tax on sugar sweetened products and a P200 tax per liter of sugar-sweetened beverage like imported sugar or fructose.

The excise taxes on automobile sales start in January 2019 as follows: 3 per cent for automobiles sold at P600,000 or below; P18,000 plus 30 per cent in excess of P600,000 for automobiles costing above P600,000 to P1.1 million; P168,000 plus 50 per cent in excess of P1.1 million for automobiles costing over P1.1 million to P2.1 million; P668,000 plus 80 per cent in excess of P2.1 million for automobiles costing over P2.1 million to P3.1 million and; P1,468,000 plus 90 per cent in excess of P3.1 milliion for automobiles costing over P3.1 miliion.

Tax on cash winnings from lotto and sweepstakes lottery shall be 20 per cent while donor’s taxes shall be 6 per cent.

Duterte orders suspension of importation of rice

President Rodrigo Duterte has ordered the suspension of the importation of rice in the country. He gave the order to the Department of Agriculture (DA) Sec. William Dar during a press conference late Tuesday evening saying that the suspension would help local farmers...

One Ayala – a one-stop shop for every OFW’s needs

DUBAI: Ayala Group of Companies will be conducting road shows across the UAE to roll out a unified program meant to take its services for Overseas Filipino Workers (OFWs) to the next level by way of a one-stop shop encompassing everything from real property to...

Health chief supports vaping ban

Health Secretary Francisco Duque III said he is supporting the decision of President Rodrigo Duterte to ban vaping or e-cigarettes. "I fully support the President's decision to ban this but again I think it would be prudent to wait until the EO (Executive Order) is...

Five year jail time, deportation for human trafficking ring

A criminal court in Ajman sentenced three Asian men and a woman to five years in prison and ordered their deportation after they were convicted of human trafficking. The four, aged between 32 and 48 years, were found guilty of locking up six Asian girls and forcing...

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Owning a condo in your 20s? Here’s how young OFWs did it!

Owning a condo in your 20s? Here’s how young OFWs did it!

DUBAI: Some 10 years ago, buying a condo unit would hardly be in any Overseas Filipino Worker’s (OFW) mind. Today, OFWs are buying properties like they are next best thing to kingdom come – and their age group is getting younger. The Filipino Times talked to...

OFWs send home up to 40% more during Christmas

OFWs send home up to 40% more during Christmas

DUBAI: An average Overseas Filipino Worker (OFW) in the UAE sends up to Dh2,200 (Php30,000) to loved ones back home for Christmas, according to remittance company officials. “Usually maramihan at malakasan ang padala ng mga OFWs during December,” said Edwin Punzalan,...

Rents going down

Rents going down

DUBAI: Prices of real estate properties across the United Arab Emirates (UAE) are falling due to oversupply, real estate companies said, in what appears to be an opportune time for overseas Filipino workers (OFWs) living with their families or friends to upgrade from...

Filipina in Hong Kong found hanging inside her employer’s flat

Filipina in Hong Kong found hanging inside her employer’s flat

A Filipina domestic worker in Hong Kong died over the weekend after she hanged herself inside her employer’s flat. In a report by Hong Kong News, police identified the 37-year-old Filipina as “Elen” who worked at 11 Hoi Fai Road. The spokesman for Police Public...

Duterte orders suspension of importation of rice

President Rodrigo Duterte has ordered the suspension of the importation of rice in the country. He gave the order to the Department of Agriculture (DA) Sec. William Dar during a press conference late Tuesday evening saying that the suspension would help local farmers...

Ambassador Quintana graces TFT awardee’s art exhibit

DUBAI: Ambassador Hjayceelyn Quintana recently graced an art exhibit organized by Tom Alvarado, 2015 The Filipino Times Awards Entertainer of the Year, an event which also served as a platform for 13 aspiring artists. The event, done in partnership with The...

One Ayala – a one-stop shop for every OFW’s needs

DUBAI: Ayala Group of Companies will be conducting road shows across the UAE to roll out a unified program meant to take its services for Overseas Filipino Workers (OFWs) to the next level by way of a one-stop shop encompassing everything from real property to...

LOOK: Meet PH’s first two transwomen cabin crew

The Philippines now has its first two Filipina transwomen onboard as flight attendants. They are Mikee Sicat Vitug and Jess Labares who are now working as flight attendants of Philippine carrier Cebu Pacific airline. Vitug, in her Facebook post, shared her journey...

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