Newsflash

Long weekends: Oct. 29, Nov. 1 and 2 all holidays

Inquirer
Last updated 06:30am (Mla time) 10/18/2007

MANILA, Philippines -- Good news for the Filipino worker.

The Philippine workforce is set to have not just one, but two long weekends, thanks to the coming barangay (village) elections and the annual observation of All Saints' Day and All Souls' Day.

 

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Roxas to seek 6 more months’ tax cut
Monday, 29 September 2008

CEBU CITY -- Senator Manuel Roxas II said Saturday that he will petition the Department of Finance (DOF) and the court to make the tax exemption on minimum wage earners retroactive to January this year, not July.

However, he will not ask for a temporary restraining order because the Bureau of Internal Revenue (BIR) may use it as a reason not to give the exemption for July, June and September, he said.

Last Updated ( Monday, 29 September 2008 )
 
Esprint Software wins 2 Awards
Tuesday, 23 September 2008

Esprint Software receives 2 awards from National Shoppers' Choice as the No. 1 Computer Software Provider for 2008 given last January 23 and Best Computer Software Provider for 2008 by the National Product Excellence (Metro Cebu Awards)  at the Waterfront Casino and Hotel Lahug.The award was received by Esprint General Manager, Ninfa Ouano-Flores.  Esprint Software has also been acknowledged as the Grand Slam winner for winning the award in 3 consecutive years.  

Last Updated ( Friday, 20 February 2009 )
 
New Withholding Tax Law
Tuesday, 23 September 2008

Brief on Republic ACT No. 9504

You may have already known that the President signed into law on June 17, 2008 Republic ACT No. 9504 granting tax relief mainly to individuals. This relief, effective this July 6, 2008, consists of the following:

1. Exemption of Minimum Wage Earners

1.1 Compensation income of individuals that do not exceed the statutory minimum wage as set by the Regional Tripartite and Productivity Board and defined by the Department of Labor and Employment is automatically exempt from withholding tax.

1.2 The exemption shall cover not only the basic pay but also the holiday pay, night shift differential, overtime pay and hazard pay received by the minimum wage earners.

1.3 Those earning above the statutory minimum wage but not over ten thousand (P 10,000) pesos shall still pay the tax of 5% on taxable income. However, they have the option of either having their employers withhold the tax from the payroll or they receiving their payroll in full but filing and paying the lump sum withholding tax themselves on or before April 15th the next year.
(Those earning above P 10,000 shall be taxed based on the graduated rates of tax on taxable income of individuals).

Last Updated ( Tuesday, 23 September 2008 )
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Business Humor
Friday, 28 March 2008
Since it started, our NGenius toons have been garnering good reviews and visits. It not only presents humor, but also many times, serious topics for thought. Here is one of the more famous post which shows us that God may not care too much on the things we think are important to us.

You may browse for more of our toons in our
new business cartoon humor website, Its NGenius, and also download free one page wallpapers like this here.
 
Esprint Founder starts Business Toon
Tuesday, 29 January 2008
Wilson Ng, Ng Khai/NGenius/Esprint President, writer and blogger, after writing for more than 20 years have found a new creative outlet to express ideas through a new comic strip.  After years of observing and reading about hundreds of companies in various situations as they resolve office politics, and relationships, he has assembled some  of his most memorable anecdotes into a comic strip called ITS NGenius!  View the first dozen or so strips in his Bizdrivenlife Blog. The goal is to create over one hundred strips and put into book form to commemorate the 15th anniversary of the start of Ng Khai Development Corporation. See yourself in the various hilarious and comical situations which can also be educational in this new ItsNGenius business strip stories. 
Last Updated ( Tuesday, 29 January 2008 )
 
Software Project Expectations
Friday, 25 January 2008
One in three corporate tech projects fails to meet expectations. But few businesses seem to care.
Read more...
 

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