PRIVATE SCHOOLS said the Senate needs to approve within the month an amendment to the tax code which explicitly makes the industry qualified to enjoy preferential tax rates, in order to avoid any situation in which the Bureau of Internal Revenue (BIR) can declare them ineligible for tax relief. Senate Bill (SB) No. 2272, which […]
Tag: private
Dar batting for control of irrigation agency
THE NATIONAL Irrigation Administration (NIA) needs to be under the control of the Department of Agriculture (DA) in order to expand irrigation coverage. “Meron kaming proposal na kung puwede, kung mamarapatin po ng mahal na Pangulo, ay ilipat na sa DA itong NIA (We have a proposal, which I hope the President approves, to transfer NIA to the DA) because water is agriculture. Agriculture is life,” Agriculture Secretary William D. Dar said in a television appearance Tuesday. Mr. Dar said the Philippines has […]
1.9M students ‘return’ to school
THE classes for school year 2021-2022 in public basic education schools in the Philippines officially start Monday, Sept. 13, 2021 amid the Covid-19 pandemic, with nearly two million students in Central Visayas enrolled two days before the opening of classes. Some private schools in the region started ahead of Sept. 13. Department of Education (DepEd) […]
Metro Pacific Hospitals aids in expansion of Bohol private hospital
METRO Pacific Hospital Holdings, Inc. (MPHHI) has partnered with the Ramiro family-owned private hospital in Bohol to further expand and improve its facilities. “Together, we will work towards fast-tracking the completion of its ongoing expansion and renovation projects, and upgrading its lineup of medical equipment, to propel Ramiro Community Hospital (RCH) to a stronger multi-specialty […]
PhilHealth president vows to release 60% of private hospitals’ unpaid claims next week
By Bianca Angelica D. Añago Reporter and Russell Louis C. Ku PHILIPPINE HEALTH Insurance Corp. (PhilHealth) President and Chief Executive Officer Dante A. Gierran has pledged to release funds for 60% of the unpaid claims of private hospitals by the end of next week. In a House hearing on Thursday, Mr. Gierran said PhilHealth owes private hospitals a total of P21.1 billion as of […]
Police chief orders early security preparation for 2022 elections
NATIONAL POLICE chief Guillermo T. Eleazar directed all units and area commanders on Thursday to start planning security measures for the May 2022 polls to ensure the safety and integrity of the electoral process. “Along with the heated discussion on next year’s elections, I have instructed all our area commanders to begin preparations to ensure clean and orderly elections […]
‘Unvaccinated’ make up 85 percent of Covid deaths in private hospitals
OF THE 296 coronavirus disease 2019 (Covid-19) deaths in private hospitals in Cebu from Aug. 1 to 21, 2021, only 31 were fully vaccinated. A total of 250 were unvaccinated, while 15 had received the first dose. Dr. Mary Jean Loreche, spokesperson of the Visayas Vaccination Operations Center (VVOC), released the data during her daily […]
House passes tax relief bill for private schools on third reading
HOUSE LEGISLATORS approved a measure on third and final reading Monday to explicitly make private schools eligible for preferential tax rates which will allow them to recover from the crisis, after their eligibility for such relief had been questioned by the Bureau of Internal Revenue (BIR). House Bill 9913 amends Section 27 (B) of the […]
2,400% tax hike on private schools
With the passage of Republic Act (RA) No. 11534 (also known as the Corporate Recovery and Tax Incentives for Enterprises Act or CREATE) in March 2021, companies were given a breather from the substantial losses they sustained due to the pandemic. The legislation intends to cushion the devastating impact on businesses by reducing the tax […]
Special permit required if private schools start classes ahead of general opening
THE Department of Education (DepEd) 7 said private schools and non-DepEd schools in the region which intend to start their classes ahead of the general school opening for the school year (SY) 2021-2022 may already do so provided they have acquired a special permit from DepEd 7. “Actually, (it’s) dependent on the private schools as […]
ONFO Announces Bitcoin Treasure Hunt
Missouri, USA, Jun 25, 2021 – (ACN Newswire via SEAPRWire.com) – Ten videos, a private key, and one Bitcoin. The hunt is on. The ONFO project is announcing the launch of a series of educational videos on cryptocurrencies on its official YouTube channel. The 10 videos will be delving into the inner workings of the […]
Nucleus Vision Acquires Jiffy Charge to Create One of the World’s Largest Private Network
San Francisco, CA / SEAPRWire / June 21, 2021 / – Nucleus Vision’s acquisition of Jiffy Charge, a micro real estate marketplace company (similar to Airbnb for micro spaces) is well in tandem with its vision of enabling a private communication network, powered by micro DeFi Financing. This move comes quickly on the heels of NV […]
House panel hopes to pass tax bill for private schools by end of Q3
The House Committee on Ways and Means said it will seek to approve a bill clearing up the ambiguity surrounding the eligibility of private schools to a 1% tax rate before the school year begins. “We wish to settle the matter before the school year begins in June to August,” Jose Ma. Clemente S. Salceda, […]
Private schools ask court to void BIR bid to impose 25% tax
PRIVATE SCHOOLS filed a petition with the tax court Monday to halt the implementation of the Bureau of Internal Revenue’s (BIR) Revenue Regulation 5-2021, which bars for profit educational institutions from availing of a 1% tax rate. The Philippine Association of Colleges and Universities, the Coordinating Council for Private Educational Associations and 27 Proprietary Educational […]
Cebu LGU accredits private health insurer
THE local government unit of Cebu Province signed a memorandum of agreement (MOA) with CareHealth Plus Systems International Inc. on May 19, 2021 to signify the accreditation of the health maintenance organization (HMO) as the health insurer in the 16 provincial and district hospitals in Cebu Province. This means that members of CareHealth and their […]
Private sector partners up with gov’t to vaccinate more Filipinos
Top brands, private healthcare providers, and malls have collaborated with the government to launch the Ingat Angat Bakuna Lahat campaign to promote the vaccination of more Filipinos against the. “With Ingat Angat Bakuna Lahat, we want to encourage vaccine willingness and support mass vaccinations, which are crucial for a safe economic recovery and return to normalcy,” Margot Torres, Managing Director for McDonald’s Philippines and Ingat Angat Bakuna Lahat communications […]
Private sector to donate vaccines to gov’t if COVAX supplies delayed
Anti-parasitic not a substitute for vaccines says ivermectin advocate Presidential Adviser for Entrepreneurship Jose Ma. “Joey” Concepcion III said that the private sector would prioritize donating 500,000 AstraZeneca doses to the government if deliveries from the COVAX global facility to the Philippine government are delayed. The Philippines has already received more than 500,000 AstraZeneca doses […]
Central Global Berhad’s Proposed Private Placement Approved by Bursa Securities
KUALA LUMPUR, Apr 23, 2021 – (ACN Newswire via SEAPRWire.com) – Central Global Berhad’s (“CGB”) proposed private placement of up to 18 million new ordinary shares has been approved by Bursa Malaysia Securities Berhad (“Bursa Securities”). CGB executive chairman Dato’ Faisal Zelman CGB is a manufacturer of specialised industrial tapes and label stocks that pioneered […]
DICT targets vaccine management system rollout by Q2
THE DEPARTMENT of Information and Communications Technology (DICT) on Wednesday said it targets to rollout the government’s vaccine management system nationwide within this quarter (Q2). The department is aiming to have the Vaccine Information and Management System (VIMS) set up in the National Capital Region (NCR) by end-April and the rest of the country by […]
Cebu City hospitals report fewer Covid-19 admissions
CEBU City’s public and private hospitals are now reporting fewer Covid-19 admissions. According to the Emergency Operations Center (EOC), the occupancy rate of Covid-designated rooms in Cebu City’s 15 public and private hospitals was only 25.4 percent on Sunday, April 18, 2021. Of the 932 Covid-19 beds in all of the city’s hospitals, only 237 […]