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Is the ordinary Filipino prepared to handle the 12% E-VAT?
Now that the 12% Expanded Value Added Tax (E-VAT) has taken effect, the question raised by many is how prepared the ordinary Filipino. The government said that the new law has provisions to cushion the impact of rising global oil prices on domestic consumer prices and reduces excise tax on kerosene, diesel and bunker fuel. But most people say otherwise.
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G.M.A. WITH ARMY SPECIAL OPERATIONS COMMAND
President Gloria Macapagal Arroyo is with members of the Special Operations Command (Socom) of the Philippine Army after viewing a demonstration on hostage recovery and anti-terrorism readiness on Tuesday, Jan. 31, at Fort Magsaysay, Palayan City. At right is Lt. Gen. Hermogenes Esperon Jr., commanding general of the Philippine Army. The Chief Executive has been visiting police and military camps to talk with the troops and announce various benefits to boost the morale of the government’s uniformed personnel.
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Franklin Graham Festival starts today at Manila Hotel
The country’s national leaders will join evangelist Franklin Graham in a breakfast forum this morning at the Fiesta Pavilion of the Manila Hotel.
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La Salle files 1-year leave from UAAP
Seeking closure to one of the darkest episodes in La Salle’s sports history, the university has informed the University Athletic Association of the Philippines that it has decided to take a one-year leave of absence from the UAAP men’s basketball effective this school year.
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Palace hopes to collect P85 B this year
The government will today begin collecting 12 percent expanded value-added tax (EVAT) on goods and services, including fuel and power, to generate more revenues to partially solve the huge budget deficit.
President Arroyo yesterday approved raising the VAT rate by two percentage points effective...
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VAT increase to raise gas prices by P.55-P.70/liter
With the implementation of the additional two-percent value-added tax (VAT) on specified commodities and services, the price of petroleum products at the pump already started inchiAng up at a range of P0.55 to P0.70 per liter effective 12:01 a.m. Wednesday (February 1).
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Farewell to our beloved President Emeritus Dr. Andrew Gonzalez, FSC, distinguished educator, an intellectual giant, visionary leader, and a generous benefactor
RARELY does one find a person who combines remarkable intellect and practicality. Much more extraordinary is when the same person combines these attributes with the gift of visionary leadership. As if these traits were not enough, a person who has also been endowed by the Almighty with unquestionable integrity and an unfaltering commitment to serve others definitely shines like a gem.
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Northern and eastern Luzon will experience mostly cloudy skies with scattered rainshowers. Eastern sections of Visayas and Mindanao will have mostly cloudy skies with scattered rainshowers and isolated thunderstorms. The rest of the country will have partly cloudy to at times cloudy skies with isolated rainshowers.
Manila Bay will be slight to moderate.
Temperature range – 22.5°C – 30.8°C
Tides — High: 1:34 p.m., 0.30 m.
Low: 7:28 a.m., -0.20 m.
Sunrise — 6:24 a.m.
Sunset — 5:55 p.m.
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