Day: January 22, 2020

Duterte signs law imposing additional sin taxes

MANILA, Philippines – President Rodrigo Duterte has signed into law a measure imposing additional excise taxes on alcoholic beverages and e-cigarettes starting January 2020. Executive Secretary Salvador Medialdea confirmed the signing of the Sin Tax Bill on Thursday. ADVERTISEMENT Malacañang, however, has yet to release a copy of the law as of posting time. The […]

Tondo fire displaces 120 families

MANILA, Philippines — Around 120 families were displaced by a fire that gutted 75 houses in Tondo, Manila on Thursday. The Bureau of Fire Protection (BFP) reported that the fire along Lico Street broke out at 12:54 a.m. It was placed under control at 4:22 a.m. and was completely extinguished at 6:07 a.m. Approximately P1.5 […]

SEC orders 3 online lenders to stop operations

Sustaining its crackdown on illegal lenders, the Securities and Exchange Commission (SEC) has ordered three more online lending platforms to immediately stop their operations for failing to register as corporations and for not having the necessary certificate of authority to operate as a lending company. Peso Tree, Pesoalo and Pinoy Cash Loan were also found […]

Marawi siege tipsters collect P15.4-M reward money

Four informants who provided authorities several leads that resulted in either the killing or capture of Islamic State emir for Southeast Asia Isnilon Hapilon and Omarkhayam Maute, said to be the brains behind the Marawi City siege in 2017, and other terrorists, were finally paid a total of P15.4 million in reward money. Philippine National […]

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