Aquino Administration Rejected a Bill Seeking Income Tax Cuts

The present administration of President Benigno S. Aquino III rejected yesterday a bill filed in the House of Representatives that seeks to lower the taxes paid by fixed-income earners, saying the administration could not risk losing the gains of the robust economy. In a text message by Finance Secretary Cesar Purisima writte to presidential spokesman … Read more

Cabinet Members Who Are Richer Than President Aquino

A total of 12 Cabinet Members of the Aquino Administration are richer compared to the President based upon the latest Statement of Assets, Liabilities, and Net Worth (SALN) filed by the members of the Executive branch of government. See Also: Complete List of Cabinet Member’s SALN for 2013 According to the SALN report, there are more … Read more

Philippine Economy Grew 5.7% in First Quarter of 2014 Slower Than Expected

The Philippine economy grew 5.7% during the first quarter of 2014, slightly lower than expected growth according to market expectations. The main reasons for the slower growth of the Philippines is because of the major devastation brought about by super typhoon Yolanda. Although the country posted a slightly lower growth, the Philippines still ranked as … Read more

PNoy’s Cabinet Members SALN Reports Revealed

The Cabinet Members of the current administration of President PNoy have already revealed their Statement of (–foul word(s) removed–)ets, Liabilitites, and Net Worth (SALN) for the year 2012. Department of Foreign Affairs (DFA) Secretary Albert del Rosario maintained his rank as the no. 1 Cabinet members who have the highest net worth among President Ninoy … Read more