PhilHealth to cover 5.2 M indigents by July
Philippine Health Insurance Corporation (PhilHealth) president and Chief Executive Officer Rey B. Aquino assured on Tuesday that 5.2 million Filipinos who belong to the poorest segment of the population will be added to those covered by its health insurance program by the end of June. The Philhealth chief said this is in line with President [...]
June 21, 2011
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Tags: Government, health coverage, indigent, insurance, Philhealth, Philippines, public service · Posted in: Announcement, Consumers, economy, finance, Government, Health, Medicine, money, Philippine business news, Philippines
GSIS suspends processing of housing loan applications
The Government Service Insurance System (GSIS) suspended its housing loan program, but GSIS president and general manager Robert Vergara said that it is not because of the agency’s financial status but to focus on other types of loans it can offer to members. Vergara said agencies like the Home Development Mutual Fund (HDMF) or Pag-IBIG [...]
May 28, 2011
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Tags: Government, GSIS, HDMF, home mortgage, Housing loan, housing program, Loans · Posted in: Announcement, Consumers, economy, Government, Housing, Philippine business news, Philippines, Poverty
Quezon City launched BOSS
To encourage more new businesses to register this year, the Quezon City government launched last Friday the Business One-Stop Shop or BOSS, which aims of simplifying the process of securing business permit. “The simplified procedures in licensing will drive individuals to invest or a business,” said Pacifico F. Maghacot, Jr., officer-in-charge for the Business Permit [...]
August 21, 2010
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Tags: BOSS, business concerns, business news, business one-stop shop, business permit, business registration, entrepreneur, Government, Philippines, Quezon City government · Posted in: Announcement, business opportunity, entrepreneur, entrepreneurship, Government, Law, Philippine business news, Philippines
The Expanded Senior Act of 2010 (Republic Act 9994)
The Republic Act 9994 or the Expanded Senior Citizens Act of 2010 was finally signed into law, giving our senior citizens additional benefits. Among them is their exemption from the 12% value-added tax (VAT), as stated in the implementing rules and regulations signed last Friday by the Deparment of Social Works and Development (DSWD). This [...]
June 18, 2010
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Tags: Expanded Senior Citizens Act of 2010, Government, Law, Philippines, RA 9994, Republic Act 9994, value-added tax, VAT exemption · Posted in: Announcement, Consumers, finance, Government, Health, Law, Philippines, Taxation
$500 M retail treasury bonds to be auctioned by the government
$500 million retail treasury bonds will be auctioned by the government on April 21. These RTB were intended for overseas Filipino workers (OFWs). National Treasurer Roberto Tan is confident that they would be able to sell the whole $500 million after conducting a series of successful briefing in different parts of the globe. Tan said [...]
April 19, 2010
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Tags: auctioned, exemption, Government, incentive, investment instruments, money, multi-currency, Philippines, retail treasury bonds, RTB · Posted in: Announcement, banking, economy, finance, Government, investments, money, Philippine business news, Philippines
BIR to check on companies’ year-end inventories
Here’s one last attempt of the Bureau of Internal Revenue (BIR) to catch up of companies trying to pull a fast one on the revenue agency. BIR field personnel will be going out and check the warehouses of companies to verify their year-inventories viz-a-viz their submitted year-end declaration. Revenue Memorandum Order No. 40-2009 was issued [...]
December 28, 2009
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Tags: BIR, businesses, entrepreneur, Government, Philippines, taxes · Posted in: Announcement, Corporations, economy, finance, Government, Law, money, Philippine business news, Philippines, Pricing, Products, Taxation
“Philhealth is financially healthy”
“Philhealth is financially healthy” This seems to be the assurance that government wants to give as news broke out recently that the Philippine Health Insurance Corp. (Philhealth) was on the brink of bankruptcy. In a Malacañang briefing, Budget Secretary Rolando Andaya told reporters that “Philhealth is far from bankruptcy.” He even said that contrary to [...]
August 21, 2009
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Tags: bankruptcy, finance, financialy stable, Government, liquidity, money, Philhealth, Philippines · Posted in: Announcement, finance, Government, money, Philippine business news, Philippines
