Philippines

Philippine government 'on a roll' against tax evaders

The Philippine government plans to target additional companies in its crackdown on tax evasion, said Finance Secretary Carlos Dominguez.“We are on a roll, and this is part of the president’s programme to make our country more law abiding," Dominguez told Bloomberg Television’s Kathleen Hays in an interview in Washington on Friday. “Tax evasion is a really serious violation and we are going after” evaders.Dominguez said he expects a tax reform bill to receive lawmaker approval.

15 October 2017
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Philippines' Duterte warns of 'revolutionary government'

Philippine President Rodrigo Duterte has warned he is prepared to establish a "revolutionary government" to fend off alleged efforts to oust him, fuelling fears of a looming dictatorship.He issued the warning on state television late Friday as he railed against the press, European lawmakers and other critics of his drug war that has left thousands dead and led rights groups to warn of a crime against humanity.Duterte said he would resort to a revolutionary government, as opposed to

14 October 2017
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South Korea looking south towards ASEAN

South Korean President, Moon Jae-in will be visiting three ASEAN (Association of Southeast Asian Nations) countries next month – namely Indonesia, Vietnam and the Philippines for the first time since assuming office in May this year.His visit to Indonesia on the November 8 will kickstart the three-nation tour of the region where he is scheduled to meet his Indonesian counterpart – President Joko Widodo – and is expected to hold a summit in the Indonesian capital of Jakarta.

13 October 2017
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Philippines' Duterte withdraws EU eviction threat

Philippine President Rodrigo Duterte incorrectly based his threat to expel European ambassadors within 24 hours on news reports, and there are no plans to kick them out, his spokesman said Friday.Duterte threatened in a fiery speech on Thursday to quickly send European envoys home as he accused their governments, without citing evidence, of plotting to have Manila "excluded" from the UN."You think we are a bunch of morons here. You are the one.

13 October 2017
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Malaysia, Indonesia, Philippines to conduct air patrols

Malaysia, Indonesia and the Philippines will begin coordinated air patrols off the strife-torn southern Philippines next month to combat the growing threat posed by Islamist militants, an official said Friday.The neighbours had already launched joint sea patrols four months ago in the same area, the Sulu Sea.Fears have been growing that the IS (Islamic State) group is trying to establish a Southeast Asian outpost in the southern Philippines after gunmen waving the jihadists' black flag o

13 October 2017
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Duterte's $17bn tax changes to benefit retailers

Mau Dizon, a marketing officer in one of the largest Philippine banks, is among millions of Filipino taxpayers who stand to benefit from President Rodrigo Duterte’s tax reform plan that aims to return to consumers 860 billion pesos (17 billion dollars) over five years.Dizon will pay lower taxes under the proposed reform and is likely to spend most of the savings on staples, which account for about a third of her family’s monthly budget.

11 October 2017
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Is the drug war taking a toll on Duterte?

A recent poll conducted by the Philippine-based SWS (Social Weather Stations) showed that President Rodrigo Duterte’s satisfaction ratings has slumped 11 points from 78 percent in June to 67 percent. This leaves his net satisfaction rate (percentage satisfied – percentage dissatisfied) at 48 percent – a decline of 18 points from a net satisfaction rate of 66 percent in June this year.His trust ratings also took a hit as it fell nine points from 82 percent to 73 percent.

9 October 2017
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Duterte's drug war killed minors, popularity fell

Rodrigo Duterte’s popularity fell last month by the most since he became Philippine president in June 2016 after minors were killed in his deadly drug war and allegations surfaced of hidden wealth.Duterte’s net satisfaction rating fell 18 percentage points to 48 percent, according to a Social Weather Stations survey of 1,500 adults from September 23 to 27. His trust rating also dropped 15 percentage points to 60 percent, according to the poll posted on its website on Sunday.

9 October 2017
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Philippines to extradite jihadist to US

A Filipino suspect in a thwarted jihadist plot targeting New York's subway and Times Square will face legal proceedings seeking his extradition to the United States, the Philippine justice secretary said on Sunday.Russell Salic and two others have been charged with involvement in the plan to stage the attacks in the name of the Islamic State group during the Muslim holy month of Ramadan in 2016.Salic was arrested in the Philippines in April 2017 and Washington had requested his extraditi

8 October 2017
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Philippine Airlines to pay $117 million aviation fees

Flag carrier Philippine Airlines said Friday it will pay the government six billion pesos (117 million dollars) after President Rodrigo Duterte threatened to cut off its access to Manila airport over alleged unpaid landing and other fees.Duterte had given the airline a Friday deadline to pay arrears."The (Department of Transportation) has accepted the offer of PAL to pay in full the six billion-peso claims of the (Civil Aviation Authority of the Philippines/Manila International Airport A

7 October 2017
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Philippine tobacco giant pays govt $586 mn

The Philippines said Friday it has dropped a tax evasion case against the country's number-two cigarette manufacturer after it was sold to Japan Tobacco to raise funds for a record 30 billion-peso (586 million dollars) settlement.Manila had accused Mighty Corp of using counterfeit tax stamps to avoid paying 37.88 billion pesos in taxes, and threatened it with criminal charges.However in July, President Rodrigo Duterte ordered the finance department to accept a settlement, under which Mig

6 October 2017
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Philippines hails US as nation's top ally

The Philippines' military chief hailed the United States as his nation's "number one ally" and announced a return of regular war games, following President Rodrigo Duterte's call for warmer ties.Duterte last week vowed to be "friendly" with the United States, signalling an end to relentless criticism that included a vow to end all joint military exercises and branding then US president Barack Obama a "son of a whore".Military chief General Eduardo

5 October 2017
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