MCIA income down by 10% due to COVID-19 crisis

CEBU CITY, Philippines — The coronavirus disease 2019 (COVID-19) crisis that has crippled the aviation industry worldwide has also resulted in a decline in passenger traffic and airport earnings for the first three months this year. Megawide Construction Corporation reported on Friday, May 29, before the Philippine Stock Exchange that Mactan Cebu International Airport (MCIA) only […] The post MCIA income down by 10% due to COVID-19 crisis appeared first on Cebu Daily News......»»

Category: newsSource: inquirer inquirerMay 30th, 2020

German firms seek government support amid COVID

German companies operating in the Philippines have urged government to cut red tape, pass economic stimulus packages and reduce the corporate income tax rate as relief measures as the coronavirus disease 2019 or COVID-19 crisis has taken a high toll on their operations......»»

Category: financeSource:  philstarRelated NewsJun 17th, 2020

Marano on beast mode in delivering relief goods to affected volleyball game personnel

Aby Marano once again unleashed her beast mode. Not on court, of course, because we’re still under community quarantine and volleyball action is still far from its resumption with the current situation of the coronavirus (COVID-19) pandemic. This time, the national team skipper strapped on her seatbelt and went on a three-day relief run in cities within Metro Manila and nearby provinces to deliver relief goods for volleyball match-day personnel affected by the COVID-19 crisis. The F2 Logistics star brought the food packs, groceries and essentials bought from the funds collected in the fundraising event organized by the Volleyball Community Gives Back PH to the homes of volleyball personnel whose source of income was halted after the cancellation of volleyball leagues including the NCAA, UAAP, the Philippine Superliga and the Premier Volleyball League. Marano posted a video of her delivering the goods on her YouTube Channel. She drove to Sta. Maria and Bocaue in Bulacan, Cavite and around Metro Manila, bringing help to technical officials, referees and court assistants.   The VCGBPH over the weekend held a fund-raising event where volleyball stars showcased their off-court talents online in the SERVE AS ONE Variety Show. The organization has been very active in its relief efforts since the outbreak of the contagion as they donated personal protective equipment (PPEs), face masks, alcohol, disinfectants and goods to frontliners as well as extended help to families in vulnerable communities.     --- Follow this writer on Twitter, @fromtheriles.....»»

Category: sportsSource:  abscbnRelated NewsJun 11th, 2020

DOF itinutulak ang enhanced version ng CITIRA Bill

Ipinahayag ni Finance Secretary Assistant Secretary Tony Lambino na dahil sa COVID-19 crisis, ginawan ng enhanced version ang Corporate Income Tax and Incentives Reform Act (CITIRA) bill at ginawang CREATE (Corporate Recovery and Tax Incentives for Enterprises Act)......»»

Category: newsSource:  abanteRelated NewsMay 28th, 2020

DID YOU KNOW? Paul Desiderio has claimed Atin To in Call of Duty

More often than not, Paul Desiderio is not one to make guarantees. If and when he does, however, he makes it in the most memorable manner. Case in point, the 5-foot-11 guard famously called game in a timeout in the dying moments of the University of the Philippines UAAP 79 matchup opposite University of Sto. Tomas. With the Fighting Maroons down by two with just 5.3 ticks to go, Desiderio yelled to his teammates, "Atin 'to, papasok 'to!" "Atin to, papasok to!" -- Paul Desiderio during the timeout. Moments later...#UAAPSeason80 — ABS-CBN Sports (@abscbnsports) September 10, 2017 Not long after, he took a pass from Jun Manzo and then launched a long-range missile over Zach Huang Game, indeed, for State U. "Atin 'to" would go on to become the maroon and green's battle cry all the way to its first Final Four berth since 1997 and then its first Finals since 1986. Until now, with Desiderio years gone from Diliman, those two words still ring around venues when UP plays. As it turns out, though, it has extended far beyond the MOA Arena or the Araneta Coliseum. The now-Blackwater guard has also been inspiring his teammates with "Atin 'to!" - only this time, in Call of Duty. "Siyempre lagi kong sinasabi yan," he said, talking about the online team-based first-person shooter that he has been playing each and every day during the enhanced community quarantine. However, the results have not always been the same as that legendary Fighting Maroons' triumph over the Growling Tigers. "Ang problema lang, ang daming magagaling kaya namamatay kami agad," he said, through chuckles. Whatever it is, Desiderio said that all that matters in Call of Duty is you have a good game with other people, especially now during the continuing COVID-19 crisis. "Nakakatulong talaga sobra yung ganito kasi boring na hindi makalabas so after workout, naglalaro na lang para tanggal stress," he said. Even better, the now-23-year-old has also put up a gaming channel that features him and his teammates playing Call of Duty. "Naisip kong gawin yun kasi nakikita ko na yung ibang gumagawa nito, nagkakapera sila. Malay natin, ikayaman ko 'to," he said, with a smile. The gaming channel, named Chooks 2 COD is also a notable nod to his other source of income - a Chooks-to-Go stall in Fairview, Quezon City that has just re-opened. For now, though, Desiderio's full focus is on answering the Call of Duty. As he put it, "Sa mga gamers dyan, i-follow niyo kami ng clan ko. Chooks 2 COD!" --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsMay 21st, 2020

Ayala Corp.& rsquo;s profit fell 17% to P6.7b in Q1

Conglomerate Ayala Corp. said first-quarter net income declined by 17 percent in the first quarter to P6.7 billion from a year ago, as the COVID-19 health crisis affected the performance of most business units......»»

Category: financeSource:  thestandardRelated NewsMay 13th, 2020

DSWD SLP beneficiaries paying it forward in this time of crisis 

  CEBU CITY, Philippines—The coronavirus disease 2019 (COVID-19) pandemic might have brought suffering to the low-income families but some have risen above this crisis, as they provide assistance to frontliners in their own ways. These people with generous hearts include beneficiaries of the DSWD Sustainable Livelihood Program (SLP) . Read more: Central Visayas SLPAs turning […] The post DSWD SLP beneficiaries paying it forward in this time of crisis  appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsApr 28th, 2020

Gardening in the time of a pandemic: Baguio’s urban vegetable lifeline

7 MIN READ Without income and with the limited economic relief provided by the government, urban gardens have become one of the lifelines of low-income families amid the COVID-19 crisis and Luzon-wide lockdown. The post Gardening in the time of a pandemic: Baguio’s urban vegetable lifeline appeared first on Northern Dispatch......»»

Category: newsSource:  nordisRelated NewsApr 26th, 2020

Gardening in the time of a pandemic: Baguio’s urban vegetable lifeline

7 MIN READ Without income and with the limited economic relief provided by the government, urban gardens have become one of the lifelines of low-income families amid the COVID-19 crisis and Luzon-wide lockdown. The post Gardening in the time of a pandemic: Baguio’s urban vegetable lifeline appeared first on Northern Dispatch......»»

Category: lifestyleSource:  abscbnRelated NewsApr 20th, 2020

Walang donor’s tax sa COVID-19 crisis

MARAMING nagtatanong kung ang donation na binigay o ibibigay sa mga government agencies o private institutions gaya ng pera, health equipment/supplies, relief goods, lupa, etc. na konektado sa paglaban ng COVID-19 crisis ay mapapatawan ng donor’s tax? Ang mga donations bang ito ay maibabawas sa taxable income ng mga donors? May kapangyarihan ba ang Pangulo, […] The post Walang donor’s tax sa COVID-19 crisis appeared first on Bandera......»»

Category: newsSource:  inquirerRelated NewsApr 20th, 2020

PCC-WVSU provides community support amid COVID-19

ILOILO CITY, March 30 (DA/PIA) - With its foremost goal to sustain local dairy farmers' income among milk processors and small backyard milk producers of Western Visayas amidst the COVID-19 crisis,.....»»

Category: newsSource:  manilanewsRelated NewsMar 30th, 2020

A crisis for all

With the COVID-19 wave about to engulf us, our response needs to be nuanced to the huge disparities in this country. The enhanced community quarantine, while certainly warranted, has markedly different impacts depending on where we sit on the income ladder.  There is no doubt we all suffer from these measures, but we suffer to a greatly different extent. .....»»

Category: newsSource:  thestandardRelated NewsMar 24th, 2020

Tax Filing Moved to May, Banks Defer Loan Interest

The Bureau of Internal Revenue (BIR) granted 30-day extension for the filing and payment of the 2019 Annual Income Tax Return (ITR) without penalties in an effort to accommodate taxpayers facing difficulties because of the 2019 Coronavirus Disease (COVID-19) crisis. BIR Revenue Memorandum Circular (RMC) 28-2020 amended RMC 25-2020 moving the deadline from April 15, […].....»»

Category: newsSource:  metrocebuRelated NewsMar 23rd, 2020

COVID used to prop up admin’s crisis PR?

It was redundant for the Bureau of Internal Revenue to “extend” from April 15 to May 15 the deadline for the filing of income tax returns using the coronavirus pandemic as the reason......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2020

Go appeals to DOF, BIR to extend tax deadline amid COVID-19 crisis

Sen. Christopher Lawrence “Bong” Go appealed to the Department of Finance and the Bureau of Internal Revenue on Tuesday, March 17, to extend the deadline for the filing of Annual Income Tax Returns......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2020

‘Militarist’ COVID-19 response ‘may lead to bigger crisis,’ groups warn

“The community quarantine or lockdown over Metro Manila spells forced hunger to millions of low-income workers who cannot afford to skip a day despite the current COVID-19 pandemic.” The post ‘Militarist’ COVID-19 response ‘may lead to bigger crisis,’ groups warn appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 16th, 2020

Acronyms to fight COVID-19

The 18th Congress is expected to take up priority legislations geared to address the continuing public health crisis brought about by the coronavirus disease 2019 pandemic......»»

Category: newsSource:  philstarRelated News10 hr. 15 min. ago

Craft long-term virus game plan

A comprehensive plan is needed to address the coronavirus disease 2019 (COVID-19) crisis in the country, according to Senator Richard Gordon. “We need to have a grand plan on how we are going to quell COVID. And that’s going to be anywhere from this year to another four years. It is possible that it will […] The post Craft long-term virus game plan appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated News18 hr. 15 min. ago

Virtual gov’t outsmarts bug

The speed at which the government transitions to digital technology would not only improve the efficiency of public services but is also necessary to maintain competitiveness in a post pandemic world. The coronavirus disease 2019 (COVID-19) health crisis has accelerated the adoption of automation technologies by firms in the Asia-Pacific Economic Cooperation (APEC) region in […] The post Virtual gov’t outsmarts bug appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated News18 hr. 15 min. ago

MCIA molecular lab for COVID-19 tests up and running

CEBU CITY, Philippines — The Mactan Cebu International Airport’s (MCIA) own molecular laboratory is now operational to do coronavirus disease 2019 (COVID-19) tests. This after airport officers from the MCIA Authority (MCIAA) announced on Saturday, June 11, that they have received accreditation from the Department of Health (DOH) and the Research Institute for Tropical Medicine […] The post MCIA molecular lab for COVID-19 tests up and running appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJul 11th, 2020

Javi GDL trying to turn dream into reality with sporting goods business

Not only is Javi Gomez de Liano making sure to remain in game shape in the continuing COVID-19 crisis, he is also making it happen outside of basketball. With Cole's Sporting Goods, the University of the Philippines' sweet-shooting swingman has been giving an assist to more than a few people who themselves want to stay in shape. "I started building my own gym at home so I would contact different suppliers for equipment," he shared of the business's origin story. "One of those suppliers told me why don't I do a business since in demand ang gym equipment. I thought it over for a week and true enough, I decided to make it a business." For GDL, this is all about trying to turn another one of his dreams into reality. "Actually, nung bata pa ako, dream ko is to own a fitness gym and a basketball court. I wanna be a businessman and a trainer or a basketball coach after I retire from basketball so I see this as a stepping stone to my future goals," he said. Of course, the 21-year-old's basketball career is still ahead of him - as he is all set to see action for Nueva Ecija in the MPBL as well as the Gilas Pilipinas pool. With the pandemic putting a pause in play, though, GDL has just turned the lemons given him into lemonade. "This is my passion talaga. I'm from CHK rin kaya all the more I love that I'm doing right now," the BS Physical Education student in UP College of Human Kinetics said. Even better, Cole's has been yet another milestone for him and beau Einica Buhain. After all, the name of the business came from her. "At first, I didn't wanna let anyone know I was opening a business because I was uncomfortable. I named it after my girlfriend's second name, which is Nicole, kaya naging Cole," he said. And Buhain means much more to the business than just the name. Cole's is actually a business partnership between Javi and Einica, who is the daughter of former national swimmer and PSC Chairman Eric Buhain. "Nung simula, it was just my business, but siyempre, it was her who always supports me. She'd always offer to help out so eventually, she joined me na rin talaga," he said. He then continued, "We split the investments and all so naging business partners na rin kami in the end." Not only is the couple getting to know each other better and better, they are also getting to know more and more about life thanks to their startup. "This is all good practice actually. We get to learn a lot of life skills especially in financing and business," GDL said. He then continued, "Just like in basketball, we would make mistakes, of course, but we learn from them eventually." --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsJul 11th, 2020