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News and Events

Online Media Startup Rappler’s Parent Firm Charged With Tax Evasion

Case arose from allegedly unpaid taxes over purchase of shares from Rappler Inc.

The Bureau of Internal Revenue (BIR) filed on March 8, Thursday, a criminal complaint against Rappler Holdings Corp. (RHC), the parent firm of beleaguered online media startup Rappler Inc., for allegedly evading income taxes and value added taxes (VAT) in 2015, the ...

by Entrepreneur Staff  | March 08, 2018 05:00:00
News and Events

SEC Revokes Incorporation of PH’s Pioneering Online Media Startup Rappler

Agency alleges company violated the Constitution’s prohibition of foreign ownership and management of the mass media

The Securities and Exchange Commission (SEC) has revoked the certificate of incorporation of pioneering online media startup Rappler Inc. for allegedly violating the Philippine constitution’s prohibition against foreign ownership and management of any mass media entity.In an order dated January 11, 2018, ...

by Roel Landingin and Elyssa Christine Lopez  | January 15, 2018 09:00:00
Run & Grow

Are You A Neomaniac?

Obsessing over the new doesn't have to be a bad thing

Neomania, defined as an obsession with the new, is a hallmark of American culture. You won’t find it in the dictionary, but you’ll see it in the faces of everyone waiting for the next iPhone or Android. You might even catch it in ...

by Dan Dowling  | April 19, 2017 06:00:00
News and Events

UPS Staff Comes Together to Surprise Co-Worker With a Car

So he wouldn't have to walk 14 miles between home and work everyday

There’s more to life than buying material items or making millions of dollars -- and that’s helping others, especially those you care about.Recently, employees at a UPS branch in Oxford, Miss., got together to buy a car for one of their fellow ...

by Rose Leadem  | March 06, 2017 12:00:00
News and Events

Bottom line, July 18: BIR commits to easier tax payments for businessmen

Plus, Cebu Pacific posts higher passenger capacity from January to May.

Easier tax paymentsThe Bureau of Internal Revenue (BIR) and some business groups have vowed to cooperate with one another for better tax collection, the agency said in a statement on July 16.The statement said different trade groups, including Filipino-Chinese Chamber of Commerce ...

by Entrepreneur Staff  | July 18, 2016 08:00:00
News and Events

Kick start your day, July 14: Duterte starts presidency with excellent trust rating

Filipinos have ”?"excellent” trust on President Rodrigo Duterte, as the latest SWS survey showed from its poll in June.

Filipinos have “excellent” trust on President Rodrigo Duterte, as the latest Social Weather Stations survey showed from its poll in June.Related: Duterte’s economic team adjusts 2016, 2017 GDP growth forecastThe survey, released on Wednesday, July 13 by BusinessWorld, showed that 84% of ...

by Entrepreneur Staff  | July 14, 2016 08:00:00
News and Events

Kick start your day, July 13: China rejects tribunal ruling over West Philippine Sea

While the Duterte administration reiterates its promise to ease doing business in the country.

While the international tribunal in The Hague favored the claims of the Philippines over strategic reefs and atolls at the West Philippine Sea (or South China Sea as referred to internationally), Chinese President Xi Jinping, through state media said China’s “territorial sovereignty ...

by Entrepreneur Staff  | July 13, 2016 11:00:00
News and Events

Bottom line: Which agency should be building PH highways?

While global food prices are rising.

PrioritiesPublic Works and Highways (DPWH) Secretary Mark Villar said that reorganizing his department is not a priority at the moment.Related: Mark Villar accepts DPWH chief offerThis is in response to incoming House Speaker Pantaleon Alvarez’s remark that the highway construction component of ...

by Entrepreneur Staff  | July 11, 2016 08:00:00
News and Events

Kick start your day, July 8: VP Robredo now part of Duterte cabinet

Plus, LRT1 to extend operating hours.

AppointedAfter a week since their oath, it looks President Rodrigo Duterte and Vice President Leni Robredo are keeping true to their promise of a united government after the latter has accepted the former’s invitation to be the new Housing czar.“Mas mapaglilingkuran natin ...

by Entrepreneur Staff  | July 08, 2016 08:00:00
News and Events

2 Filipinos on Forbes Asia’s heroes of philanthropy list

Honorees include a mix of billionaires, business people, and captains of industries who are also making a mark with their generosity.

Forbes Asia announced on Thursday, July 7 its honorees for this year’s Heroes of Philanthropy list.Highlighting some of the region’s noteworthy givers, the list honors 40 philanthropists from 13 countries across Asia Pacific.Among these philanthropists are two Filipinos, Gateway Property Holdings Chairman ...

by Lynda C. Corpuz  | July 07, 2016 06:00:00
News and Events

Kick start your day, July 7: Duterte admin eyes subway to ease metro traffic

Plus, PH inflation in June hits 14-month high.

SubwayTransportation Undersecretary Noel Kintanar on Wednesday, July 6 said they have submitted an "ambitious plan" to Secretary Arthur Tugade to have rail transport as the alternative to cars.The traffic congestion in Metro Manila is the result of the country's failure to invest ...

by Entrepreneur Staff  | July 07, 2016 08:00:00
News and Events

Kick start your day, July 5: DOF eyes to slap higher soft drinks tax

Plus, analyst says Duterte administration is off to a good start.

Higher tax Raising the taxes slapped on sweetened beverages would be raised Tuesday, July 5, in a Cabinet-level, inter-agency Development Budget Coordination Committee (DBCC) meeting.The Department of Finance (DOF) would put forward the proposal to slap higher taxes on beverages such as ...

by Entrepreneur Staff  | July 05, 2016 09:00:00
News and Events

Bottom line: Drilon files resolution for con-con

Plus, PH ranks 15th among 23 Western Pacific countries with most tobacco users among the youth.

It looks change is slowly creeping in. Senate President Franklin Drilon has filed a resolution for constitutional convention to review the 1987 Constitution. Drillon said in a press statement on Sunday, July 3 that he filed the resolution to determine if the present constitution ...

by Entrepreneur Staff  | July 04, 2016 09:00:00