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After the sun goes out

Year 2012 is now almost out the door. Was it an undiluted “Annus Horribilis” or “Year of Horror”?

Posted: December 30th, 2012 in CDN - Opinion,Cebu Daily News | Read More »

Aquino junks protectionist provision in sin tax bill

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President Benigno Aquino III has vetoed the provision in the sin tax reform law mandating manufacturers and sellers of tobacco products to buy at least 15 percent of their raw materials from local sources.

Posted: December 22nd, 2012 in Editors' Picks,Headlines,Nation | Read More »

Salient points, according to Malacañang, of the sin tax law (RA 10351):

Reduction of tobacco and alcohol consumption leads to better health outcomes.

Posted: December 21st, 2012 in Editors' Picks,Headlines,Nation | Read More »

Aquino signs sin tax bill into law

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DONE President Aquino  swaps sign pens with Senate President Juan Ponce Enrile after the signing of the landmark sin tax bill in Malacañang though the latter opposed it. LYN RILLON

“Today, we signed, finally—I repeat, finally—a law that will serve as an early Christmas gift for millions of Filipinos,” President Aquino on Thursday said after he affixed his signature to Republic Act No. 10351 (An Act Restructuring the Excise Tax on Alcohol and Tobacco) in Malacañang.

Posted: December 21st, 2012 in Banner Story,Editors' Picks,Featured Gallery,Headlines,Latest News Stories,Nation,Nation,Photos & Videos | Read More »

Aquino signs sin tax bill into law

By
Philippine President Benigno Aquino III.  AP FILE PHOTO

President Benigno Aquino III signed the Sin Tax reform bill into law Thursday, saying it was an early Christmas gift for Filipinos.

Posted: December 20th, 2012 in Latest News Stories,Nation | Read More »

Enrile not upset with Santiago over RH measure

By
Senate Minority Leader Juan Ponce Enrile. FILE PHOTO

Senate President Juan Ponce Enrile on Monday said his being upset with Sen. Miriam Defensor-Santiago had nothing to do with the reproductive health (RH) bill.

Posted: December 18th, 2012 in Editors' Picks,Headlines,Nation | Read More »

Santiago, Trillanes in ouster plot–Enrile

By
Senate President Juan Ponce Enrile. INQUIRER FILE PHOTO

If President Aquino were involved in the plot to oust him in connection with the reproductive health (RH) and sin tax measures, Senate President Juan Ponce Enrile said Sunday he would respect the President’s decision.

Posted: December 17th, 2012 in Editors' Picks,Headlines,Nation | Read More »

Enrile faces new threat

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The contentious reproductive health (RH) bill is taking its toll on personal relationships in the Senate, and the ill feelings may result in the ouster of Senate President Juan Ponce Enrile early next year.

Posted: December 16th, 2012 in Banner Story,Editors' Picks,Headlines,Nation | Read More »

Solid north election backlash

By
Senator Ferdinand “Bong-Bong” Marcos. AFP FILE PHOTO

Beware the Ilocano vote—not just in the so-called Solid North but all over the country. Sen. Ferdinand Marcos Jr. on Friday warned reelectionist senators who ratified the sin tax bill of a backlash from voters not only from northern Luzon but from their relatives and friends scattered all over the country.

Posted: December 15th, 2012 in Latest News Stories,Nation,Photos & Videos | Read More »

Close Senate vote on ‘sin tax’ bill raises Palace eyebrows

By
Budget Secretary Florencio Abad.  INQUIRER FILE PHOTO

Malacañang on Wednesday expressed surprise at the close Senate vote on the “sin tax” bill, even issuing a warning to reelectionist senators that the electorate will remember how they voted in next May’s elections.

Posted: December 13th, 2012 in Editors' Picks,Headlines,Nation | Read More »

House, Senate OK sin tax bill

By ,
Senate President Juan Ponce Enrile huddles with other senators and clarifies a point with BIR Secretary Kim Henares during a short break in the hearing of the repackaged sin tax bill in the Senate last Nov. 7, 2012. INQUIRER FILE PHOTO

The two chambers of Congress will ratify the reconciled version of the sin tax bill today after yesterday’s face-off between senators and representatives that centered on whether they would make good on their promise to dedicate the incremental revenue from tobacco and alcohol products to health-related government expenditures.

Posted: December 11th, 2012 in Latest News Stories,Nation,Photos & Videos | Read More »

Bicam committee on sin tax bill reconvenes

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house of representative

The bicameral conference committee on the sin tax reform bill reconvened on Monday to further iron out conflicting provisions of the measure.

Posted: December 10th, 2012 in Latest News Stories,Nation | Read More »

Tobacco-alcohol tax burden ratio is 69-31

By
Sen. Franklin Drilon. FILE PHOTO

Senators and House members have agreed on a first-year incremental revenue target from higher tax rates for cigarettes and alcoholic products amounting to P33.96 billion for 2013, Sen. Franklin Drilon told reporters in a news conference on Friday afternoon.

Posted: December 8th, 2012 in Latest News Stories,Nation,Photos & Videos | Read More »

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