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Bacolod City, PhilippinesTuesday, August 23, 2011
House investigation pushed
on P6-B BOC tax refunds

A lawmaker yesterday urged the House of Representatives to scrutinize the list of companies covered by tax refunds of the Bureau of Customs amounting to almost P6 billion for next year.

Rep. Elpidio Barzaga (Dasmariñas City) raised this concern during the budget hearing of the BOC presided over by Rep. Isidoro Ungab ( Davao City, third district), a vice chairman of the Committee on Appropriations.

Barzaga asked Customs Commissioner Angelito Alvarez, who defended his budget before the House panel, to submit the list of specific companies covered by the BOC tax refunds for next year totaling P5,976,414,000.

Licensing division
starts checks on firms

The Bacolod City Permits and Licensing Division is conducting a full blast inspection on all business establishments in its area, a press release from the city said.

Sonny Petierre, head of Permits and Licensing Division, said a team of 20 field inspectors will inspect all business establishments and persons engaging in business to see if they have the necessary permits and licenses to operate.

Personnel from the Public Assistance and Affairs Division will help in the operation, the press release said.

Unemployment down
to 7.2 percent: PESO

The unemployment rate in Bacolod City dropped to 7.2 percent as of April 11 compared to last year of the same phase with 8 percent, while employment rate increased to 92.8 percent from 92 percent of the same phase, Moises de la Cruz, Public Employment Service Office manager said yesterday.

De la Cruz said the unemployment rate decreased because more investors are coming Bacolod City and more job fairs were conducted by PESO that provide local and overseas jobs.

He said that, based on the National Statistics Office records, the population of Bacolod is 531,000 and 64.2 percent, or 340,902, comprises the labor force. From the 340,902 labor force, 92.8 percent or 316,357 are working.

Business
ButtonHouse investigation pushed on P6-B BOC tax refunds
ButtonLicensing division starts checks on firms
ButtonUnemployment down to 7.2 percent: PESO

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