The ongoing investigation of former military comptroller Lieutenant General Jacinto and wife Erlinda Ligot has produced results as United States Ambassador Harry Thomas Jr. announced on Thursday that the US government has turned over to the Philippines $132,000 worth of assets of Mrs. Ligot.
Thomas, in his meeting with Justice Secretary Leila De Lima, said, “Today, [...]

New guidelines for all authorized agent-banks have been issued by the Bureau of Internal Revenue (BIR) as part of preparations for the 2010 income tax filing season. The new guidelines is requiring all authorized agent-banks to be open for two Saturday immediately prior to April 15 of every year and extend their banking hours from [...]

The Department of Trade and Industry said that many among our exporters are not really aware of the trade opportunities under the country’s free trade agreements (FTA). That is why it is intensifying its information awareness campaign focusing on the government’s priority exports.
Gregory L. Domingo, DTI Secretary, said that the basic information awareness campaigns from [...]

The Land Transportation Franchising and Regulatory Board (LTFRB) wants to immediately put their foot on the planned transport holiday of Jeepney operators on Thursday. The LTFRB warns those who will on the jeepney strike could suffer the same fate as some bus operators.
The agency was referring to the fate of bus operators whose franchises were [...]

The Land Transportation Franchising and Regulatory Board (LTFRB) granted a P1 provisional fare increase for Metro Manila buses. The resolution was signed last Friday approving the fare adjustment for the first five kilometers. There will be no provisional increase on the succeeding kilometers though.
The increased fare would be P10 for the first five kilometers and [...]

Willie Revillame once again finds himself on the hot seat, this time for subjecting a 6-year old boy named Jan-Jan to what others said was public humiliation on his primetime TV5 show Willing Willie. A YouTube video of the kid dancing and gyrating his hips like a macho dancer has gone viral and has been [...]

The country temporarily bans chocolate milk products from Japan after the March 11 earthquake, although it was just a verbal order issued by Bureau of Animal Industry (BAI) Director Efren Nuestro. Philippines joins other countries like Russia, Canada, Australia and Singapore, among the list of countries which banned Japanese food imports as radioactive steam wafted [...]

The Department of Environment and Natural Resources (DENR) has ordered the closure of a sugar mill in Balayan, Batangas for its violations of Philippine environmental laws. A cease-and-desist order (CDO) has been issued by DENR Secretary Ramon Paje against Batangas Sugar Central Inc. for what he claimed were the company’s repeated violations of the Philippine [...]

The Bangko Sentral ng Pilipinas (BSP) said that Banco Filipino Savings and Mortage Bank was engaged in high-risk, high-yield schemes to attract depositors. But when the withdrawals started getting heavy, the bank failed to meet its obligations.
“As long as people were putting in money, then the music continued for them,” BSP Deputy Governor Nestor Espenilla [...]

Nine senators signed the arrest/detention order issued by the blue ribbon committee headed by Senator Teofista Guingona III for former military comptroller Jacinto Ligot. For humanitarian consideration, his wife Erlinda Ligot was not included in the arrest order.
Those who signed the order were Guingona, Senate President Juan Ponce Enrile, Senators Gregorio Honasan, Franklin Drilon, Serge [...]

Upon the order of Senate President Juan Ponce Enrile, Senate doctors, led by Dr. Mariano Blancia Jr. went to the Ligot couple’s residence to check the true health status. They proceeded to house of the Ligots in an “undisclosed” location to check if their declaration of “being sick” were true.
The doctor said former military comptroller [...]

While it is still processing the payment of deposit insurance to its depositors, the Philippine Deposit Insurance Corp. (PDIC) also started in its inventory of the assets of the closed Banco Filipino Savings and Mortgage Bank.
Officials of the closed bank, however, insists that it is not insolvent. It even went into having full-page advertisement in [...]

After eight hours of marathon debates, the House of Representatives voted 212-46 for the impeachment of Ombudsman Merceditas Gutierrez. Four abstained from voting. The House impeached Gutierrez, eight months since the first of the two impeachment complaints was filed against her in July.
Among those who voted “no” were former president and now Pampanga Representative Gloria [...]

Senator ProTempore Jinggoy Estrada filed a motion to cite the Ligot couple in contempt for refusing to answer the senator’s queries during the Senate hearing on Monday.  This was immediately seconded by Senator Teofisto Guingona III, chairman of the Senate blue ribbon committee.
For lack of quorum, however, the committee failed to vote on the motion. [...]

After ordering its closure, and putting it under the receivership of the Philippine Deposit Insurance Corporation (PDIC), the next order of business is how to give back the money to the bank’s 177,652 depositors of Banco Filipino Savings and Mortgage Bank. BSP Deputy Governor Nestor Espenilla Jr. said that from the total number of depositors, [...]

After closing its doors last Monday, “temporarily” as it claimed, Banco Filipino Savings and Mortgage Bank was shut down by the Bangko Sentral ng Pilipinas (BSP).
BSP ordered the closure of Banco Filipino yesterday for insolvency after its liabilities overwhelmed its assets by P8.4 billion, prompting monetary authorities to prepare charges against the board of directors [...]

The Bureau of Internal Revenue (BIR) earlier issued Revenue Regulation 2-2011 requiring individuals, estates and trusts to file their Income Tax Returns (ITR) “together with the AIR (annual information returns) or BIR Form No. 1705, which shall include income subject to final withholding tax and those exclusions from gross income.”

Looks like the worst is yet over from flag carrier Philippine Airlines (PAL) as its ground crew union filed a new notice of strike last Friday before the Department of Labor and Employment (DOLE).
Citing unfair labor practices, the Philippine Airlines Employees’ Association (PALEA) through its president Gerry Rivera, accused the PAL managers of talking with [...]

How many years ago since our former president Joseph Ejercito Estrada was kicked out on the palace because one of the issue that he was involved was in jueteng. Does the government really needs this fight against this illegal gambling? Or many in the government are making money for themselves out of it.
Now that the [...]

Although many have tried to propose the deferment of the barangay and Sangguniang Kabataan (SK) election this year, it will definitely push through as evidenced by all the posters that you will see around your neighborhood.
In the light of the upcoming election, the Commission on Elections (Comelec) has issued reminders to the candidates of the [...]