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April 23, 2017 4:06 PM Gov’t subsidies rise nearly threefold in Feb

State subsidies to government-owned and -controlled corporations (GOCCs) have risen by almost threefold in February due to the National Irrigation Administration (NIA), data from the Bureau of the Treasury showed. Based on the latest Cash Operations Report released by the Treasury, the national government’s total subsidies disbursed to several state-owned 6

April 23, 2017 4:00 PM Construction seen to fuel Phl growth

MANILA, Philippines - The construction industry is expected to continue playing an important part in the Philippines’ projected economic growth, especially as the country embarks on the “golden age” of infrastructure. Construction Industry Authority of the Philippines (CIAP) undersecretary Ruth Castelo said the industry is seen growing its share of total 4

April 23, 2017 4:00 PM Gov’t subsidies to GOCCs hit P10B in Feb

MANILA, Philippines - State owned and controlled firms received almost P10 billion in subsidies from the government in February 2017, data from the Bureau of the Treasury (BTr) showed. According to Treasury data, subsidies to government-owned and-controlled corporations (GOCC) reached P9.99 billion in February, more than three times higher than the P2.658 billion 4

April 23, 2017 7:30 AM Employees earning P21,000 monthly and below to pay zero tax under revised CTRP Package One

Employees receiving a monthly income of P21,000 will be exempted from paying personal income tax (PIT), allowing over P20,000 in savings annually, under the first package of the comprehensive tax reform plan (CTRP). Finance Undersecretary Karl Kendrick Chua said the revised CTRP Package One under House Bill 4774 that was filed by Rep. Dakila Carlo Cua retained 5

April 23, 2017 3:24 AM Spurs' Kawhi Leonard's incredible night not enough as Grizzlies tie series

MEMPHIS, TN - APRIL 22: Marc Gasol #33 of the Memphis Grizzlies shoots the ball against the San Antonio Spurs in game four of the Western Conference Quarterfinals during the 2017 NBA Playoffs at FedExForum on April 22, 2017 in Memphis, Tennessee. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting 5

April 23, 2017 12:00 AM Behind enemy lines: Blazers still think they have a solid chance

Of course Damian Lillard does not consider the first-round playoff series against the Warriors over. It’s not his style to succumb to sour thoughts and outside pressure. The Blazers star said Saturday that his mindset is the same as before the series started, when he said Portland could “shock the world” and topple Golden State, even though the Warriors 3

April 22, 2017 11:36 PM NBA Playoffs: Raptors win crucial Game 4, still don't instill confidence they'll win series

Kyle Lowry and DeMar DeRozan helped will its team to victory Saturday to even series 2-2 The Toronto Raptors stars seem to subscribe to the playoff mantra of "Better late than never." After one of the most miserable performances for a pair of All-Star guards in a key playoff game you will ever see in Game 3, DeMar DeRozan and Kyle Lowry answered the call in Game 4, combining 4

April 22, 2017 9:20 PM Overseas voters kick off crucial French presidential election

Of 47 million registered French voters, there are fewer than a million resident in far-flung places like French Polynesia in the South Pacific and Guadeloupe, French Guiana and Martinique in the Caribbean. They vote early so as not to be influenced by the mainland results due on Sunday evening at around 1800 GMT. The first round will send two of 11 candidates 6

April 22, 2017 2:49 AM Without Rajon Rondo, Bulls might be in world of trouble against Celtics

Chicago has some adjustments to make The Chicago Bulls missed Rajon Rondo in a ton of ways in their 104-87 Game 3 loss to the Boston Celtics on Friday. This is a weird thing to say because the Bulls were significantly better with him on the bench than with him on the floor during the regular season, but it's an inescapable truth after he helped so much in the first 4

April 22, 2017 2:44 AM Rajon Rondo Out Indefinitely with Thumb Injury

Rondo said doctors told him he will be out "a couple weeks," noting the injury "couldn't have come at a worse time," per Sean Highkin of The Athletic. K.C. Johnson of the Chicago Tribune reported there's nothing definitive, but the team is concerned Rondo's injury could last well into the second round. When asked if Rondo would return in the playoffs 6