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CAIRO, Egypt (AFP) — At least 10 people were killed and 15 wounded Wednesday as two trains collided in Egypt, the latest in a string of deadly accidents on the North African country’s railways, the health ministry said. The collision between a freight train and a passenger train took place in the northern province of Behaira, it said in a statement. The cause of the accident was not immediately clear, but it comes months after […]
(Eagle News) – Department of Finance Secretary Carlos Dominguez III has said the administration’s “massive infrastructure program” and comprehensive tax reform package would drive the inclusive growth of the country. According to Dominguez, the first element was indispensable as the Philippines for decades has lagged behind its neighbors in economic investments, grappling with a debt overhang. Dominguez was apparently referring to the Build, Build, Build program of the Duterte administration. Under the program, the government […]
by Céline Cornu Agence France Presse MILAN, Italy (AFP) — Three women were killed and a dozen people seriously injured after a packed Italian commuter train derailed on Thursday near the northern city of Milan. Witnesses told the media the regional train began to shake heavily as if it were running over rocks, before braking suddenly and derailing. Italian Prime Minister Paolo Gentiloni promised that full light would be shed on the circumstances of the […]
Respondents, including President Duterte, given 10 days to comment on them By Moira Encina Eagle News Service The Supreme Court has ordered the consolidation of the two petitions challenging the constitutionality of the Tax Reform for Acceleration and Inclusion law. The High Court on Tuesday also said that it has directed the respondents to comment on the petitions separately filed by militant lawmakers and consumer group Laban Konsyumer Inc. Named respondents in the petitions were […]
(Eagle News) — A second petition seeking to nullify the implementation of the first package of the Tax Reform for Acceleration and Inclusion law was filed before the Supreme Court on Monday. Laban Konsyumer Inc. through its president, former Trade Undersecretary Victor Dimagiba, said there was “no hiding that the increase in excise taxes” on coal, LPG, kerosene and diesel under the law would “hit low-income and poor families the hardest.” “It will not be the […]
(Eagle News) – The Department of Finance (DOF) has reported that over six million or 86 percent of compensation earners with taxable income of P685 per day or P20,833 per month and below will be exempted from paying the personal income tax (PIT) starting January 2018. This, according to Finance Secretary Carlos Dominguez III, is one of the benefits of the provisions under the Tax Reform for Acceleration and Inclusion Act (TRAIN) which was signed […]
Majority of gas stations nationwide would have already hiked prices by the end of the month because of the Tax Reform for Acceleration and Inclusion law. Energy Assistant Secretary Leonido Pulido III said in Thursday’s committee on energy hearing that approximately 90 percent of all gas stations would have made the price adjustments. He said the so-called Big 3— Caltex, Petron, and Shell —and Flying V already implemented price hikes on January 15. Authorities have said […]
(Eagle News) — Is that all you’ve got? Solicitor General Jose Calida had this to say to the militant lawmakers who asked the Supreme Court to declare the Tax Reform for Acceleration and Inclusion law unconstitutional. In a Twitter post on Thursday, Calida even thanked Representatives Antonio Tinio of ACT Teachers party-list, Carlos Zarate of Bayan Muna, and Ariel Casilao of Anakpawis, who filed the petition minutes before, for “making (his) job easier.” “Lack of […]
https://youtu.be/xsE01SuBPCo By Moira Encina Eagle News Service Militant lawmakers asked the Supreme Court on Thursday to declare the Tax Reform for Acceleration and Inclusion unconstitutional, noting what they said was a lack of quorum when its bicameral conference committee report was ratified in the House of Representatives. In their petition, Reps. Carlos Zarate of Bayan Muna, Ariel Casilao of Anakpawis, and Antonio Tinio of ACT Teachers party-list, also asked that the SC issue a temporary […]
https://youtu.be/AIKtJKmtwbg By Meanne Corvera Eagle News Service The Senate Committee on Energy is slated to hold an oversight hearing next week to investigate abuses of small businesses and companies taking advantage of the Tax Reform for Acceleration and Inclusion law. In an interview over Radyo Agila on Wednesday, Senator Sherwin Gatchalian said his committee would look into reports of grocery stores and gas stations imposing a hike on their products in December last year even before […]
(Eagle News) — Over 500 passengers were unloaded from the Metro Rail Transit 3 early Wednesday after it experienced another electrical failure. In an advisory, the MRT3 said the 620 passengers got off at the Shaw Boulevard Station in Mandaluyong following the incident at 5:37 a.m. The MRT management said the electrical failure was caused by “worn-out electrical sub-components.” The passengers were able to ride the next train that arrived after three minutes. https://youtu.be/IFIMiktWQTQ
(Eagle News) — Grab Philippines’ current fares are likely to stay the same until March even with the passage of the tax reform law. This is according to Land Transportation Franchising and Regulatory Board member Aileen Lizada, who spoke to reporters in an ambush interview on Tuesday. “We have to clear, we have to set it for reading,” she said. She said the LTFRB will have to consult stakeholders first, including the National Economic Development […]
