Olympic boxing on the verge of a knockout?That’s because the International Boxing Association (IBA) has not stopped ignoring the enormous supervisory powers of the International Olympic Committee (IOC) over all sports under its wings.For example, the IOC has questioned last week the decision of an IBA congress that overwhelmingly backed the election of Russian Umar […]
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Bill seeks VAT threshold indexed to inflation
A BILL filed by Senator Sherwin T. Gatchalian to amend the tax code will index the threshold for value-added tax (VAT) exempt taxpayers to inflation, adjustable every three years. Mr. Gatchalian, who chairs the Senate Ways and Means Committee, filed Senate Bill 1346, dated Sept. 27, which adjusts the tax administration rules via amendments to […]
Two-thirds of DMW budget devoted to worker repatriation
SOME 66% of the P15.21-billion 2023 budget for the newly established Department of Migrant Workers (DMW) has been allocated to the Emergency Repatriation Program run by the Overseas Workers Welfare Administration (OWWA), the Department of Budget and Management (DBM) said in a statement on Tuesday. Under the 2023 National Expenditure Program, P10.039 billion is earmarked for the […]
Legislator seeks removal of Wi-Fi spectrum user fees to improve service in remote areas
A LEGISLATOR has asked the National Telecommunications Commission (NTC) to recall two circulars, one of which outlines the spectrum user fees (SUF) charged for using the Wi-Fi spectrum, in order to encourage the growth of smaller telecommunications companies where telco services are irregular. Samar Rep. Paul R. Daza said in a statement that memorandum circular […]
Tell it to SunStar: Moving on from historical wounds
By San Carlos Bishop Gerardo A. Alminaza This week, we are commemorating two dark moments in the histories of our nation and our province: the declaration placing the Philippines under martial law 50 years ago and the Escalante massacre 30 years ago.The two events are inexorably tied together, as it was during a protest action […]
Japan PM’s support tumbles as anger over state funeral grows
TOKYO – Support for Japanese Prime Minister Fumio Kishida tumbled to its lowest level since he took office, hit by growing anger over a state funeral for slain former leader Shinzo Abe and his ruling party’s ties to a controversial church, an opinion poll showed. Mr. Kishida’s support fell to 32.3% from 44.3% a month […]
More than 350 prisoners freed
THE BUREAU of Corrections has released more than 350 inmates, including sick and elderly ones, as it tries to decongest the country’s jails. “I hope that we never see each other again,” bureau Director-General Gerald Q. Bantag told inmates in Filipino at a ceremony for their release, which was streamed live on Facebook on Tuesday. […]
NEDA proposes changes to arbitration and MAGA clauses in revised rules for BOT Law
THE NATIONAL Economic and Development Authority (NEDA) proposed new revisions to the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law, which reflect the government’s willingness to share the risk in public-private partnership (PPP) projects. The draft rules, which were uploaded on the NEDA website, showed changes to the provisions on arbitration and material […]
India restricts rice exports, could fuel food inflation
MUMBAI — India banned exports of broken rice and imposed a 20% duty on exports of various grades of rice on Thursday as the world’s biggest exporter of the grain tries to augment supplies and calm local prices after below-average monsoon rainfall curtailed planting. India exports rice to more than 150 countries, and any reduction […]
Amazon, Apple and Google pledge training for women in Indo-Pacific
Fourteen US companies including Amazon.com Inc. and Visa Inc. each pledged to provide at least 500,000 digital training and education opportunities for women and girls in the Indo-Pacific region as part of a Biden administration initiative. The program, undertaken within the broader 14-nation Indo-Pacific Economic Framework for Prosperity, is focused on Brunei, Fiji, India, Indonesia, […]
PWD fatally stabs neighbor for killing chick
A HUSBAND of a barangay health worker was stabbed dead by a person with disability (PWD) for allegedly killing the latter’s chick in Barangay Looc Norte in the western town of Asturias, Cebu on Saturday, Sept. 3, 2022.Master Sergeant Bendie Nuñez of the Asturias Police Station told Superbalita Cebu the incident happened around 1:40 p.m.He […]
NGCP seeks regulatory nod for nearly P13-B projects
THE National Grid Corp. of the Philippines (NGCP) is seeking regulatory approval for P12.9 billion as capital expenditure (capex) for transmission line projects until 2025. NGCP said in its application with the Energy Regulatory Commission (ERC) that the bulk of the capital spending or P10.47 billion is for the Barotac Viejo-Unidos 230-kilovolt (kV) transmission line […]
Megawide, India’s GMR divesting from MCIA; Aboitiz group to take over
MAYA PADILLO By Arjay L. Balinbin, Senior Reporter Megawide Construction Corp. and its partner India’s GMR Airports International BV (GAIBV) are divesting their stakes in Mactan Cebu International Airport (MCIA). Aboitiz InfraCapital, Inc. (AIC) will eventually operate the airport, which is currently managed by GMR-Megawide Cebu Airport Corp. (GMCAC), the joint venture of Megawide and […]
Philippines faces twin storms
SUPER Typhoon Hinnamnor was set to enter the Philippines’ jurisdiction on Wednesday night or early Thursday morning, the state weather bureau said. Hinnamnor, which will be named Henry in the Philippines, kept its strength while moving over the sea, senior weather specialist Raymond Ordinario told a news briefing. “It will have a direct effect once […]
Promoting ethical behavior in the pharma industry
Unethical behavior negatively impacts business performance, reputation, and access to funding and financing. It is a liability for businesses, said the Asia-Pacific Economic Cooperation (APEC). According to an APEC study titled “The Benefits of Embracing Ethical Business Conduct,” businesses that deploy dishonest approaches often do so to fulfill their short-term financial objectives. In the long […]
Marcos told to push against China encroachment
A GROUP of young Filipinos on Monday asked President Ferdinand R. Marcos, Jr. to protect Philippine territories from Chinese encroachment, as the nation celebrated National Heroes Day. Mr. Marcos should take a firm stand against China’s expansive activities in the South China Sea at the United Nations General Assembly (UNGA) meeting in the US next […]
US warships transit Taiwan Strait, first since Pelosi visit
WASHINGTON — Two US Navy warships sailed through international waters in the Taiwan Strait on Sunday, the first such operation since a visit to Taiwan by US House Speaker Nancy Pelosi enraged China which regards the island as its territory. The US Navy, confirming a Reuters report, said cruisers Chancellorsville and Antietam were carrying out […]
Internet transactions bill approved unanimously by House committee
THE proposed Internet Transactions Act, which seeks to establish an electronic commerce (e-commerce) bureau, was unanimously approved by the House Trade Committee on Wednesday. The committee had consolidated several bills before voting for the version it approved, invoking section 48 of the rules of the House of Representatives, which allows records of past proceedings to […]
P173-M worth of illegal drugs seized in buy-bust operation
AUTHORITIES seized P173.40-million worth of crystal methamphetamine, popularly known in the Philippines as shabu, in a buy-bust operation near the capital Manila on Wednesday morning, according to the presidential palace. The illegal drugs seized in an operation in Roosevelt Avenue in Quezon City weighed almost 25.5 kilograms, Interior and Local Government Secretary Benjamin C. Abalos, […]
Stuff to do (08/19/22)
1 of 5 Newport World Resorts Star Wars exhibit ‘Far, Far Away’ MaArte Fair returns to The Pen Manila welcomes back MaArte Fair, the fundraising bazaar that benefits the Museum Foundation of the Philippines, on Aug. 19 to 21. The foundation’s mission is to raise funds and awareness for the National Museum of the Philippines […]