Businessmirror december 30, 2016

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Friday, December 30, 2016 Vol. 12 No. 79

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2017 could see death penalty

rise from the dead

T

By Jovee Marie dela Cruz

he House of Representatives vowed to be the catalyst of a more fruitful and busy Congress in 2017, committing to pass key reform bills, topped by the revival of the death penalty.

House deliberations on President Duterte and the 17th Congress’s legislative agenda, including the proposal amending the 1987 Constitution and the measure lowering individual tax rate, will also shift to higher gears, according to Speaker Pantaleon D. Alvarez. When session resumes on January 16, Alvarez said debates on the death penalty and other anticrime measures will be in full swing. “The priority, of course, will be the debates on the restoration of the death penalty, and lowering the age of criminal responsibility of youthful offenders,” he said. The death penalty bill was

ALVAREZ: “The priority, of course, will be the debates on the restoration of the death penalty, and lowering the age of criminal responsibility of youthful offenders.”

principally authored by Alvarez. Crimes that are punishable by death through hanging, firing squad or lethal injection in Alvarez’s proposal are treason, qualified piracy, qualified bribery, parricide, murder, infanticide, rape, kidnapping and serious illegal detention; robbery with violence against or intimidation of persons; destructive arson; plunder; importation of dangerous drugs and or controlled precursors and essential chemicals; sale, trading, administration, See “Death,” A2

Hike in collection shows ‘change’ has dawned at BOC

From Madonna to Mother Teresa The good things, the small victories that happened in very scary 2016 »B2-B3

PESO exchange rates n US 49.8130

F

By Joel R. San Juan

OR Bureau of Customs (BOC) Commissioner Nicanor E. Faeldon, the promise of genuine change is already being realized at the agency since President Duterte took over the helm of the country’s political and economic affairs. As a solid proof, the BOC said

its revenue collection reached P40.239 billion in November, exceeding its target of P36.45 billion. The BOC’s Financial Service (FS) said the P40.239 billion is 27 percent higher than the P29.061billion collection posted in the same month last year. The big jump in revenue collection was attributed to the positive

trust rating that the agency has developed in the last five months, aside from the cooperation of stakeholders, transparency in the agency’s transactions, and full efforts of traders in helping the agency to increase revenue haul. The BOC-FS said the current collection record exhibited the See “Collection,” A2

₧40.24B The BOC’s revenue collection in November, exceeding its target of P36.45 billion for the month

n japan 0.4251 n UK 60.8715 n HK 6.4212 n CHINA 7.1612 n singapore 34.3538 n australia 35.7757 n EU 51.8404 n SAUDI arabia 13.2806

Source: BSP (29 December 2016 )


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