THE CIGARETTE WARS

THE debate on whether to continue the unitary tax rate on cigarette or to adopt a two-tier system must go beyond revenues but on its impact on the local tobacco and cigarette industries.

A singular tax rate would force local cigarette consumers to buy the more pricey brands as the tax would have minimal impact on its retail price while significantly forcing prices up for the lower-priced brands.

The benefit of course would go to Philip Morris International, which globally, is known to kill competition by acquiring or merging with the present market leader so it can be the single…

Read more: THE CIGARETTE WARS

MIRACLE IN MANILA

MIRACLES do happen. In 2015, it happened in the City of Manila.

The miracle came to pass after Mayor Joseph “Erap” Estrada successfully turned around what many believe to be the worst disaster that has visited that city, a city that for the longest time has been one of the most progressive local government units in the Philippines. 

The disaster was in the form of the city’s treasury that went bankrupt and incurred some P3.5-B in debt which Mayor Estrada discovered when he first assumed office in 2013.

 

Most Competitive City

The major turn- around came after…

Read more: MIRACLE IN MANILA

BAN FLOATING COFFINS

OLD and dilapidated sea vessels derisively known as floating coffins that traverse in the country’s nine major sea bodies connecting to the notoriously turbulent Pacific Ocean need to be banned and fast.

The immediate replacement of those old almost ghostly ships would help avert the sea mishaps that perennially happen in our bodies of water resulting to the loss of thousands of lives yearly.

This after a study showed that overcrowding and essentially old (secondhand) sea crafts braving fickle weather and tides were among the major reasons for the 15 major ferry accidents in the Philippines in the years 2000-2012.…

Read more: BAN FLOATING COFFINS

DUTERTE VS. TRUMP

WERE United States of America President Donald Trump and Philippine leader Rodrigo ‘Digong’ Duterte a cut from the same cloth?

This question cropped up after local and international political observers noticed that they have a lot of similarities in their leadership styles that while bordering to being demagogues have been embraced nevertheless by their hard core followers.  

 

Trump of the East?

British-American comedian John Oliver was among the first ones to notice their similar styles that he was prompted to call Duterte “Donald Trump of the East” shortly after he won the presidency last May.

At that time,…

Read more: DUTERTE VS. TRUMP

 DUBIOUS SIN TAX BILL HITS SNAG IN SENATE

MEMBERS of the Lower House have shown their true colors when they passed with relative ease and speed House Bill No. 4144 (“An Act Amending Section 145C of the National Internal Revenue Code of 1997”), even as ABS Partylist representative Eugene Michael De Vera was railed by the critics of the proposed measure  for reportedly railroading its passage.

While the proposed bill had a smooth sailing at the Lower House, the tides however are gonna turn rougher at the Senate as Senator Sonny Angara vowed  to subject it under intense scrutiny effectively saying there there will be “no railroading” of…

Read more: DUBIOUS SIN TAX BILL HITS SNAG IN SENATE

Our Guests

Today283
Yesterday578
This week3142
This month10325
Total726932

Visitor Info

  • Your IP: 23.20.192.147

Who Is Online

17
Online

Friday, 18 August 2017

Partners

© 2016 OpinYon News Magazine Online. All Rights Reserved.

Please publish modules in offcanvas position.