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Press Release
SENATE LOCGOV PANEL APPROVES CREATION OF METROPOLITAN DAVAO DEVELOPMENT AUTHORITY
The Senate Committee on Local Government, chaired by Senator Francis Tol Tolentino, has approved the creation of the Metropolitan Davao Development Authority (MDDA) as part of efforts to spur economic growth and hasten delivery of services in the area.
Tolentino on Thursday announced during the committee hearing the approval of various measures, seeking to create the MDDA, which will be composed of Davao City and certain cities and municipalities from the provinces of Davao del Norte, Davao del Sur, Davao Oriental, Davao de Oro, and Davao Occidental.
Senate Bill Nos. 2116, 2153, and 2157 were filed by Senators Imee Marcos, Ronald Bato Dela Rosa, and Christopher Bong Go, respectively, while the counterpart Bill in the lower house House Bill No. 8930 was filed by Davao City 3rd District Rep. Isidro Ungab.
Press Release - Tolentino: Senate LocGov panel tackles the proposed creation of Metropolitan Davao Development Authority senate.gov.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from senate.gov.ph Daily Mail and Mail on Sunday newspapers.
Published March 17, 2021 2:04pm By TED CORDERO, GMA News Senate Minority Leader Franklin Drilon raised alarm on Wednesday over the sincerity of the Duterte administration to help companies affected by COVID-19, stressing that the proposed P10-billion “rescue package” is a measly amount compared to the budget allocated for the government’s anti-insurgency drive. During the resumption of the Senate committee on banks and financial institutions’ discussion on the Government Financial Institutions Unified Initiatives to Distressed Enterprises for Economic Recovery (GUIDE), Drilon said the planned P10-billion allocation to be lent out to distressed strategically important companies (SICs) is “such a small amount. We do not know if this can help.”
BIR wants POGOs, other businesses suspended over failure to file tax returns By ERWIN COLCOL, GMA News
Published March 4, 2021 8:41pm The Bureau of Internal Revenue (BIR) has proposed the suspension or temporary closure of Philippine Offshore Gaming Operators (POGOs) and business establishments that will not file their income tax return or underdeclare their sales or revenues. BIR Deputy Commissioner Arnel Guballa made the suggestion on Thursday as the Senate ways and means panel tackled proposals to impose taxes on POGOs. In his presentation, Guballa said the BIR endorses the passage of a measure taxing POGO licensees or operators and foreign nationals employed by POGO entities, amending Sections 22, 25, and 119 of the National Internal Revenue Code (NIRC).