Senate hopes BIR proposal for lower tax rates will come with PNoy certification

08 March 2014, Comment are Off
One of the three senators who have filed bills seeking to reduce personal income tax rates today welcomed the statement of Bureau of Internal Revenue chief Kim Henares that the agency will draft its own proposal. “Coming from Commissioner Henares, that’s a great leap forward,”...

Recto : If we’re giving P150 B to Central Bank, why can’t we give to PNR, Pasig ferry?

07 March 2014, Comment are Off
If government is keen in infusing P150 billion in additional capital in the Central Bank, then why can’t it spend a fraction of that amount in reviving the Pasig River ferry and improving train service in Metro Manila? Senate President Pro Tempore Ralph Recto pointed this out as...

Recto files bill decriminalizing libel

02 March 2014, Comment are Off
Senate President Pro Tempore Ralph Recto filed on Feb. 27 a bill decriminalizing libel, joining a growing list of senators wanting to delist it from the book of crimes. In Senate Bill 2146, Recto traced the origins of libel as a tool against criticisms and to shield public...

Senate slashed DSWD publicity budget to enrol 100,000 Yolanda victims in CCT

01 March 2014, Comment are Off
Twenty thousand additional Yolanda-stricken families will be included in the government’s Conditional Cash Transfer (CCT) program this year, courtesy of a Senate amendment in the 2014 national budget which slashed P336 million from the program’s overhead in order to enroll that...

Recto : Add more PNR trains to ease Metro traffic

20 February 2014, Comment are Off
Doubling the number of Philippine National Railways (PNR) trains plying the Tutuban, Manila- Sta. Rosa Laguna line can displace 14,000 cars on the road at a per passenger cost that is 1/8th of the subsidy government pays for one Metro Rail Transit (MRT) rider. This was pointed...

Recto tells gov’t to give raft of incentives to ferries

18 February 2014, Comment are Off
We’ve got nowhere to go but water, and Metro Manila is a metropolis by the bay, bisected by a river. If the streets are full of cars and we want to travel, then let’s go amphibian. If we’ve reached road building capacity, and can no longer squeeze carriageway space in our roads,...

‘Solution to carmageddon just outside the window of PNoy’s office’

17 February 2014, Comment are Off
Malacanang was told to dip into President Aquino’s assorted standby funds in reviving the Pasig River ferry service as tapping 27-kilometer waterway is the only way to mitigate the “kahindik-hindik” traffic 15 big roads projects are expected to inflict on Metro Manila residents...

GDP number must be transformed into calories – Recto

30 January 2014, Comment are Off
The 7.2 percent economic growth last year is all the more impressive as it was achieved despite a domino of calamities dragging it down. This is not to say that the economy is fully typhoon-proof or completely earthquake-resistant because misfortunes did dent the final outcome....