Monthly Archives: February 2016

By Macon Araneta | FilAm Star Correspondent CABANATUAN CITY, PH -- Independent vice-presidential candidate Sen. Chiz Escudero traded barbs with Liberal Party standard bearer Mar Roxas who called him “joined cat” (a somewhat literal translation of “saling pusa” or one who just jumps into the bandwagon) when Escudero criticized the “progress” in Roxas’ home province of Capiz. “He seemed to be ill-humored and bad-tempered. It was just a tiny criticism so why did he turn an...

By Corina Oliquino | FilAm Star Correspondent MANILA, PH -– Pulse Asia revealed the main issues Pinoy voters want presidential candidates to focus on in its latest round of surveys in Q1 of this year. In the Survey conducted from January 24-28 through face-face-interviews with 1,800 registered voters 18 years old and above, these issues on local and international developments pre-occupied Filipinos: • The official start of the election period (January 10, 2016). •...

Vice Admiral Alexander Lopez, commander of the Western Command based in Palawan, said there is no adjustment in the country’s defense posture despite China’s deployment of surface-to-air missiles on a disputed island in the South China Sea. He said there is no change in the defense posture because everything has been laid down already, “how we are going to be vigilant, how we are going to be updated, that’s all actual.” He said the troops are conditioned for a worst-case s...

ROXAS CITY, Ph -- Can barring the Partido ng Galing at Puso (PGP) led by presidential candidate Senator Grace Poe and her running mate, Senator Chiz Escudero, from campaigning in Roxas City, also known as “(Mar) Roxas country,” be part of the alleged sabotage scheme of the ruling Liberal Party against their opponents? The administration’s standard bearer, resigned Transportation Sec. Mar Roxas, is among the candidates for President in the coming elections and a rival of Po...

Senate President Pro-Tempore Ralph Recto most recently warned that thousands of government employees won’t be able to fully enjoy the pay hikes recently ordered by Malacañang unless the share of barangays, towns, cities and provinces from national tax collections will be increased. He said the country’s 1,490 towns spent almost 40 percent of their combined operating income of PH 146.2 billion pesos two years ago on salaries. “Their payroll expense of PH 58.3 billion pes...

The Department of Social Welfare and Development (DSWD) said more foreign families have opened their homes to orphaned Filipino children. The DSWD’s Inter-Country Adoption Board (ICAB) said 3,300 have been adopted by foreign families from 2009 to 2015 out of the 4,860 children who were legally declared up for adoption, Rosalie Daguio, DSWD Protective Services Bureau assistant director, said only 976 children were adopted by Filipino families. “We have more applicatio...

MANILA, PH -- Government Peace Panel Chairman Alexander Padilla called on communist rebels to stop waging war and instead seek ways to bring peace to the country. Padilla slammed National Democratic Front (NDF) Panel Chairman Luis Jalandoni for telling half-truths to cover up atrocities by the Communist Party of the Philippines (CPP). He debunked Jalandoni’s claims that President Noynoy Aquino snubbed a signed peace agreement with communist rebels in 2014. “There was...

By Corina Oliquino MANILA, PH – Data released by Bangko Sentral ng Pilipinas (BSP) recently revealed personal remittances from Overseas Filipino workers (OFWs) in December 2015 have amounted to $2.7-billion, posting a 4.9 percent growth year-on-year. BSP said that this is “the highest monthly level recorded thus far.” In addition, the full-year personal remittances from OFWs reached $28.5-million and it’s 4.4 percent higher compared to the previous year’s level, thus, e...

By Alvin Maglan, CPA Filing income taxes if you’re self-employed, like caregivers who were given Form 1099, may involve extra layers of complexity. Not only must you file an annual return with numerous additional forms and schedules, you’re also responsible for paying quarterly estimated taxes. Add in that you’re also responsible for funding your own health insurance and retirement. Here are a few things to keep in mind when calculating your taxes: First, some potential...

By Macon Araneta The Philippines is now in a much better situation than in previous administrations, especially in its credibility and ability to pay loans, Malacanang said most recently. “In terms of the dollar --- the amounts, I think it’s very clear that you will see that by every standard, the Philippines is in a much better place when it comes to credibility of the government and in its ability to get loans and pay these debts, as well as where the funds go to,” Un...