THE Bureau of Internal Revenue (BIR) recently reached an agreement with the Housing and Urban Development Coordinating Council (HUDCC) and the National Housing Authority (NHA) to facilitate tax incentives for developers of socialized housing projects. This is a good first step toward encouraging the Philippines’ energetic real estate and construction industries to do their part in helping to relieve the country’s massive housing shortage.

 

MANILA, Nov. 8 — President Rodrigo Roa Duterte signed on Monday, November 7, an executive order establishing an expanded Bangsamoro Transition Commission (BTC), the body tasked to draft an enabling law that will serve as the legal foundation of the future Bangsamoro government in Mindanao.

 

WASHINGTON, D.C.- At the November 3 swearing-in ceremony of Ambassador Sung Kim, Secretary John Kerry reiterated the U.S. commitment to the Philippines, stating "the United States continues to place a high value on the close ties that exist between our countries. We continue to recognize our ironclad commitment to the sovereignty, independence, and security of the Philippines. And we will continue to cooperate in efforts to maintain peace and stability, and to promote shared prosperity in the Asia Pacific region." He hopes to visit the Philippines before his term ends on January 20, 2017.

Last of two parts

In the capitalist system, where the practice of unimpeded free market is undisturbed by the state, the better capitalized actors will tend to dominate, distorting the market mechanisms. Cartels, oligopolies and monopolies arise and eventually exploit the weaker players. “Survival of the fittest” is not only axiomatic but it becomes the guiding principle. The market is by nature not equipped with a conscience to correct the inequities done to the less fortunate.

The Automated Election System Watch, through Dr. Nelson Celis, has been asking the Commission on Elections (Comelec or our state poll body) to promulgate a set of implementing rules and regulations (IRR) for the implementation and enforcement of the Automated Election Law, Republic Act No. 8436 as amended by Republic Act No. 9369.

 

MANILA, Philippines – Clashes in ideology threaten to split the ruling administration Partido Demokratiko Pilipino-Lakas ng Bayan (PDP-Laban) that supported then Davao City mayor and now President Duterte in the last elections, sources disclosed yesterday.

 

The Centrist Democratic Party of the Philippines (CDP) - Ang Partido ng Tunay na Demokrasya will conduct its 12th National Council Meeting on 25 November 2016 in Makati City and 7th National Congress on 26 November 2016 in Silang, Cavite.

“There ain’t no such thing as a free lunch.” This famous adage embodies the core economic principle that it is impossible for a man to get something for nothing. No resource is free because no resource is limitless.

If the government hands out cash to a so-called poor household, it’s free for that household but it’s not free for everyone else – Filipino taxpayers had to pay for that dole out. If a toothpaste company gives out free samples, it’s free to those are lucky enough to get one but it’s the consumer who ends up carrying the cost of that marketing gimmick. Nothing is free.