Leviste: Lowering VAT to 10% should be top tax bill for 20th Congress
Batangas 1st District Representative Leandro Legarda Leviste has filed House Bill No. 4302 to lower the Value-Added Tax (VAT) to 10% and moved today that this be at the top of the agenda of the Ways and Means Committee for the 20th Congress. Leviste made the motion during a Ways and Means Committee hearing with the Department of Finance (DOF) on priority tax measures.
Garbin exposes Tiangco’s P529-M budget insertions cornered by notorious contractors in ghost, substandard flood-control projects
Ako Bicol party-list Rep. Alfredo Garbin on Friday turned the tables on Navotas Rep. Toby Tiangco, exposing that the lawmaker himself has more than half a billion pesos in budget insertions for 2025 that went to projects cornered by two firms now under investigation for ghost flood-control undertakings.
Eala survives grind, storms into Guadalajara semis
Alex Eala needed one day, two wins, and every ounce of grit she’s ever developed to punch her ticket to the semifinals of the Guadalajara 125 Open in Mexico.
August rice stocks up, corn lower—PSA
The Philippines’ total rice inventory at the start of August was estimated at 2.32 million metric tons, up 25 percent compared to the 1.86 million metric tons recorded in the same period last year, according to the Philippine Statistics Authority (PSA).
Inflation accelerates in August on higher food prices
Headline inflation accelerated in August, climbing to 1.5 percent from 0.9 percent in July, as food prices—particularly for fish and vegetables—rose amid supply bottlenecks caused by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported on Friday.
