GARCIAN THE OFFICIAL STUDENT PUBLICATION OF GARCIA COLLEGE OF TECHNOLOGY
BORACAY TO REOPEN AFTER SIX-MONTH REHABILITATION
JUNE - OCTOBER 2018 GCT-RCYC HOLDS COASTAL CLEAN-UP DRIVE WILMA MACABALES
AFTER BEFORE Boracay Island- The Boracay rehabilitation came to an end. The road widening program, demolition jobs, and ceasing of tourist travels have stopped this time. In an interview with Hon. Rowen T. Aguire, the Executive Assistant under the Office of the Mayor of the Municipality of Malay, Aklan, he said that “the budget that was used for the rehabilitation of the island came from the National Government Unit (NGU). The allocated fund then was utilized for the development and recovery of the island’s ruined topography”. October 26, 2018, as announced by Usec. Roy A. Cimatu, was the opening day of
the island, allowing only 30 percent of the business establishments to operate and imposing only ‘clean parties’ among clubs and bars. The government has also future longterm plan and programs for five years. Part of it is the strict implementation of rules and policies on issuing business permits and licenses. Architect Felino “Jun” Palafox is one of the obliged officials for the development of Boracay. Hon. Aguire is now implementing strict rules and regulations to prevent mismanagement, irresponsibility, and complacency on the status of the island.
Kalibo, Aklan- It was a successful coastal clean-up day as the Garcia College of Technology’s Red Cross Youth Council (RCYC) participated in the 33rd International Coastal CleanUp Drive on September 22, 2018 at Pook Jetty Port and Lambingan Beach, New Buswang, Kalibo, Aklan. To raise awareness, GCTRCYC rallied together with a common goal of collecting littered trashes in the coastline. The volunteers picked up trashes such as styrofoam, plastic bottles, detergent packs, shampoo sachets, and some personal hygiene products. The activity was supported by the “Ocean Conservancy”, an organization that serve as a voice for ocean conservation and works to protect the ocean resources from destruction and pollution. They also give tips and reminders to people to be more conscientious about their actions, and the effects they may bring. They also encourage people to take active roles in preserving the ocean by doing things that could help reduce trashes. The GCT-RCYC became committed then to raise awareness regarding the devastating long-term impacts of plastic waste and to spread the message whenever possible to achieve trash-free seas. The event endsed successfully with the help and assistance of Mrs. Ryien R. Superio, GCT-RCYC Adviser.
e DITORIAL T HT HE E GGAa Rr CC II AA NN
REHABILITATING BORACAY ISLAND: HOW WAS IT? defiled its peaceful ambience. There are noises and lights coming from clubs and bars during midnight. The Filipino community even lost its connection to the nature. The natural atmosphere of the island was superseded by revels.
Last April 26, 2018, President Rodrigo Roa Duterte, upon the recommendation of the National Disaster Risk Reduction Management Council, issued Presidential Decree No. 475, declaring Boracay Island under a state of calamity. Hence, sudden implementation of the rehabilitation p r o gr a m wa s ta k en ef f ec t to immediately solve environmental issues of the island within six months. Since the onset of the issuance, there have been advantageous results and some problems that arise.
occupied large spaces of the area. Garbage had been everywhere. The sand was mixed with plastics and wastes left by some apathetic tourists. The condition of the island is indeed in grave danger. Among the problems in Boracay is the waste management of some establishments and business operators. Some just secretly disposed their garbage to the sea, while some dumped them on the ground. The plastics and other non-biodegradable materials were accumulating as the years went by. Such status is really prompting and reasonable why the island had to be closed for months. There was a need for public realization on how chaotic the place now because of he disorganized waste management in the island and how the sanctuary became a dumpsite of junks and trashes.
The island, before it underwent rehabilitation, had accommodated almost two million foreign and domestic tourists. The bulk of revenues from the operation of the island had boosted both the national and local economies. However, despite of these facts, activities in the island brought a lot of Overcrowding was also among mess and ruins in its clean environment. the vivid reasons and alarming factors. It is not shocking thus to hear President The entrance of a large number of Duterte describing the island as a tourists was not strictly regulated. â€œcesspoolâ€?, which is actually true. People kept on overwhelming the Boracay Island was used to be place without control and restriction. a beautiful and pristine place. But Moreover, there was a problem on the when, the urbanization was taking rapid spawning of resorts, hotels, malls, place, gradual change in the food restaurants, and the like that topography of the island was emerging. contributed a lot in the congestion and The island has now mega malls and space issues in the terrain. Therefore, grand hotels. But before these structures the widening project and demolition were constructed, expansive grounds jobs of the government were the right had to be excavated and a number of actions to cleanse unwanted structures trees had to be cut down, replacing that obstruct the roads and highways. the evergreen scene with colourful painted walls and roofs. Cultural indecency had also The shoreline of the beach was changed the way of life in the island. narrowing due to the spawning of Boracay has to be a place of tranquillity establishments and stalls that had and relaxation but many activities have
The worst condition of Boracay was also a reflection of the local governmentâ€™s inefficient way of ruling and managing the island. The local officials entrusted to oversee the island activities were seemingly complacent and insensible that the place was agonizing environmental degradation and deformation. Mismanagement and incompetency among officials were also apparent since there were business entities that were allowed to operate though they were possessing incomplete legal requirements. The national government should be considering this issue seriously. The island should not only be restored, but also the local governance itself to fully achieve absolute change in the region. Ho wever , despi te of the beneficial effects of the rehabilitation program, there are still problems that have arisen. Several Filipinos who used to work in the island are affected. Many have lost their jobs due to closure of their workplaces. The income given from participating in the livelihood programs such as the clean-up drive activity of the government during the closure was insufficient and not longlasting. After the re-opening of Boracay this October, only 30 percent of the establishments were allowed to operate, leaving other establishments dormant. In line to this, the government should put up alternative solutions that can aid the need for long-term opportunities that can sustain the survival needs of the affected individuals. They should be employed right away before another issue will arise. The government has reasons why rehabilitating Boracay Island was a must. Howbeit, some inconvenient effects have to be resolved as soon as possible. The rehabilitation program was a necessary, but the administration should have thoroughly assessed the aftermaths that may cause downfalls to some Filipinos.
GCT CONDUCTS NSTP SEMINAR JOHN ANGELO ARON
Kalibo, Aklan- Garcia College of Technology conducted a seminar on Disaster Preparedness/ Orientation and Drill and Fire Prevention, Suppression, Preparedness and Evacuation for NSTP student-trainees on August 18, 2018 at the ABL Sports and Cultural Complex. The event started with the giving of information by the resource speakers Mr. Galo Ibardolaza, Local Disaster Risk Reduction and Management Officer IV at provincial Government of Aklan; and Mr. Joarlu L. Sabar, Rel. They disseminated information focusing on hydro meteorological and geophysical hazards and things to do before, during, and after these disasters. In the afternoon, two other resource speakers, FO3 Andri Von T. Rowan and FO2 Paulo Vicente M. Neptuno, both officers of the Kalibo Fire Station and BFP Aklan, conveyed the information on fire prevention and suppression. The event opted to equip GCT NSTP student-trainees with necessary information and emergency management plans for them to be prepared and to save a life.
The NSTP Seminar was successful with the efforts of Mrs. Nelia S. De Manuel, the NSTP Coordinator; Mr. Julius Dela Cruz, NSTP Instructor; and the faculty and staff of Garcia College of Technology.
GCT Red Cross Youth Emergency First Aid Training ANDREA PAULA GABAY
Kalibo, Aklan- GCT Red Cross Youth held an Emergency First Aid Training with Basic Life S up p o r t C a r di o p ul m o na ry Resuscitation on September 15, 2018 at Garcia College of Technology Main Building, Osmena Ave., Kalibo, Aklan. The training was with the guidance of the Philippine Red Cross Aklan Chapter. The resource speakers were Ms. Elisa A. Garcia, Chapter Service Representative Safety Service and Mr.Renz Raphi G. Villanueva, Safety Service Instructor. The participants were trained on what to do when an emergency occurs and how the Red Cross Youth should respond to such situation. The training was coupled with activities for RCY members to pass the training for them to be knowledgeable for future emergency situations and to be officially part of the GCT RCY First Aiders.
Feeling Now the Implications of the ASEAN CHRISTIAN MARC AARON SONITA The involvement of the Philippines in the Association of Southeast Asian Nations (ASEAN) has been integral and advantageous to the Filipino community so far. Though the implications are subtle and hard to be noticed by many simple folks, it seems that the integration is relevant to the multidimensional situations and multifarious problems that the country is facing and will encounter in the future. Some of the benefits are apparent in forms of peace security to the countries adjacent to the Philippine boarders, economic prosperity through interactive exchange of opportunities, socio-cultural interrelationships, and environmental protection and preservation, among others. The ASEAN is already a breakthrough in the history of political networks of countries in the global scale. The association was established on August 8, 1967 by the Indonesia, Malaysia, Singapore, Thailand and the Philippines. It was later joined by Vietnam, Myanmar, Laos, Cambodia, and Brunei Darussalam. This network had made great changes, political shifts and healthy sociocultural connection among the countries involved. Since then, these countries have kept on ensuring political stability in the region and have responded to the pivotal needs of one another. This integration of countries manifests unity among diverse nationalities, belief systems, traditions, social norms, and cultural backgrounds. However, despite of these facts, it seems that several of us are not well-oriented regarding what ASEAN is all about and its programs that are beneficial in our part. This is the reason why tackling the basic implications of ASEAN activities to our country is still relevant in the present time. ASEAN ensures diplomacy among its participating countries to promote peace security, to avoid the possibility of wars and to serve as a best example for the external nations out of its confines. Through this, our country is reassured of any potential military threats from its neighbouring countries, preventing destructive wars and grievous casualties. Moreover, by the effect of an agreement, our own forces are restricted to disengage any provocative act and behavior against them as well. Thus, our government is attaining peace with the adjacent countries and is only disturbed in settling its own civil peace problems.
There is also now a chance for Filipino students who may dream to study in any of the schools in an ASEAN country. Leaders of the ASEAN designed a program that allows us Filipinos to study abroad with convenient requirements and easy compliance so that we can experience the educational standards of other countries. This program of the association will certainly boost the capacity of Filipino learners to assimilate different skills acquired beyond the capacity and scope of the Philippine educational curricula. It will also be an integral step in producing globally competitive Filipino professionals and experts who can bring glory to our country through relevant innovation and international The association is also effective in breakthroughs. promoting collective action in protecting the citizens inhabiting the ASEAN territory from Moreover, countries involved in the global terrorism and potential epidemics. One ASEAN help one another in times of disasters manifestation is the collaboration of each and worldwide crisis. One of the most country to diminish and avoid silent invasion advantageous programs of the association is and attacks of widely known terrorist groups strengthening the socio-cultural bonds of each such as the ISIS, which may resort to improving country with one another. Other ASEAN our military defenses and mechanics. Another countries are going to support and help our one is the global fight against epidemics that country whenever we are devastated by spread deadly diseases and cause global health natural disasters. Calamity aids from foreign threats. The cases of previously alarming viral governments such as material donations and outbreaks such as of Ebola virus, Chikungunya funding can help our country recover faster and virus, H1N1 virus, and Zika virus were easily respond to the basic necessities of our fellow minimized because of the joint effort of the 10 citizens affected by disasters. Thus, it looks that countries. we are having symbiotic responsibilities and accountability with the other countries since ASEAN also promotes the eradication we are tied to a goal for a united alliance in the of poverty in the region. Prosperous countries ASEAN. help the developing ones to also achieve same economic success as they have. There will be The ASEAN is conducting programs no countries that will be lag behind. Exchange promulgating environmental awareness and of goods and products of each country has protection to help preserve the wildlife been smooth and inexpensive due to resources and their habitats. These can help agreements in terms of exportation and each country to be responsible caretakers of importation processes and charges. It means their environmental territories and to avoid then that we Filipinos have now the option to illegitimate acts that can cause disruption to consume variety of both domestic and foreign neighbouring countries. Having this kind of products. Furthermore, more foreign investors program caters effective preservation of the are going to spawn in our country, providing a environment for our future citizens who will be myriad of opportunities for an unemployed the next leaders of our country and continue Filipino to have a work and a source of income what our past and present governments have to sustain his/her daily needs for survival. In started for the common good. Since this way, the economy of our country may be environmental protection is one of the most lifted up, and the poverty which is the top overlooked obligations of our government, in hindrance of our progress can now be resolved. the ASEAN integration, we can learn to coexist and to harmonize with the nature. Aside from an increased domestic employment in the country, there is also an The Philippines has really benefited a increase of job opportunities for those Filipinos lot from the implications of our participation in who may want to work anywhere within the the ASEAN. Though most of us have not yet confines of the ASEAN. Our Overseas Filipino noticed, we are having an easy time enjoining Workers (OFWs) are now more protected and the outgrowths of the intensive effort of our secured in their works since there is an government to preserve our connection with assurance of fair treatment for them. As a other Southeast Asian countries. We have result there are many Filipinos who will work cultivated productive results as we are abroad, the revenue of the government will continually maximizing the opportunities of increase, and the economic capacity of our being united and safeguarding our bonds with country will prosper and may lead us to a more the other nations. May the progress perdures stable economy. and holds now the attention of most Filipinos.
INFLATION: A RISE IN PRICES, A DECLENSION IN ECONOMIC LIFE JOHN ANGELO O. ARON The Philippines is facing a beaucoup amount of crises, issues and impedim ents on its economic performance. To this au courant trends of national issues, an unprecedented escalation of a silent yet underdressed killer rips a wound on our savings and budget plans in a short-term. “Hanggang saan aabot ang bente pesos mo?” An illustrious tagline from an ice cream brand depicting up to which point can our Php20.00 be optimized. Especially now that prices of products continues to escalate antithetically with the salaries and wages of the workers. How can the budgetary outlays of the households keep up with that variable? Rationally, prices and income should be parallel; directly proportional. Yet, contemporaneously, price outweighs income which causes impoverishment. No wonder why numerous Filipinos seek for a greener pasture abroad.
According to JC Punongbayan of Rappler, “Inflation is always going to be a mix of international and domestic factors. One obvious suspect is the continuing rise of oil prices worldwide. One possible reason for this pattern is that the Philippines is one of the biggest net importers of oil in ASEAN. One study showed that, back in 2016, we imported as much as 94% of our oil requirements. If indeed valid, this theory gives us reason to think President Duterte’s tax reform law (TRAIN) is patently ill-timed. If you recall, TRAIN included tax hikes on several petroleum products, such as unleaded gasoline, diesel, and kerosene. Unknown to many, TRAIN also provides for two more rounds of automatic petroleum tax hikes in 2019 and 2020.” Because of these said variables, the citizens experience much ramifications. Inflation means you need to pay more for the same goods and services. Elevated prices of goods hit hardest those consumers who have not received salary increases over time. In effect, people have to constantly get a raise to keep up with the prices of goods. Households tend to purchase less products than before resulting to a fewer sustenance to nourishment. Inflation is also not good for people who have long-term investments in banks, as it may erode the value of money.
The question is: What caused inflation in the country? According to Ralf Rivas of Rappler, “Inflation may be driven either by supply or demand. Supply-driven or cost-push inflation happens when the cost of producing goods, the prices of raw materials and wages go up. In this scenario, there are fewer goods being produced due to the high costs of production, yet demand remains consistent. On the other hand, demand-pull inflation “Finally, domestic inflation has occurs when people's demand outpace the ability of industries to also been boosted by tighter supply of many agricultural products, notably supply goods.” ,
rice. It’s not just rice, by the way. Vegetables inflated by 19.2%, corn 12.6%, fish 12.4%, and sugary goods 9.1%. For these products, there are regional variations as well. What to do? At least for rice, government can mop up its errors by importing more rice, fast-tracking the distribution of imported rice, and passing the rice tariff bill. Pres. Duterte will also do us all a favor by immediately firing the inept officials who brought about this needless rice crisis, namely the NFA Administrator and the Agriculture Secretary. Pres. Duterte might also consider abolishing the NFA for good. Like all dilemmas and quandaries, inflation can be resolved. One ideal deciphered solution is inviting foreign investors to set up business in the country providing incentives such as tax credits, tax holidays, and tax breaks. Aside from above mention economic factors, rampant corruption in developing countries is also held responsible for inflation. Many collected through taxes, public debts, aids from World Bank (WB) and International Monetary Fund is generally not put into best use. Political and permanent executive indulge in large scale corruption and siphon off the money from the economic system. Hence, the economy is not able to grow at his full potentialities and a situation of demand and supply mismatch emerges. Corruption in government or public sectors must be stopped at all cost. There is no other alternative. We have reasons to believe that TRAIN Law reverberates and ripples so much in the country’s discourse on the continuous increase of prices on commodities. Good thing TRAIN Law is off-limited to educational expenses except maybe for transportation fares and supplies used for projects. But if TRAIN Law and inflation interfere with tuition fees, now the government have gone too far. How much is living in the Philippines really cost? No cost can be spent de rigueur now. And I bet, “tanging sa tinapay lang aabot ang bente pesos ko.”
The Voice of the
Garcians on Inflation JOHN ANGELO O. ARON
The inauspicious effects of inflation exempt no one. This burden is therefore endured by everyone especially the students. When asked about what are their opinions on inflation, these are what the Garcians responded. “Inflation can really affect me as a student since I still don’t earn my own money and only depend on what my parents give me. The budget is so limited that we cannot purchase things we want. It can also affect my savings. Because of the increase in prices, the money that I could save will be spent on the escalated price of a certain product. This could as well affect our families since all families have necessities and if there is inflation, there is a contingency that they will give up some of their necessities for their income can no longer cater all of their necessities.”
-SHYNNA LEIGH IGTANLOC, BSA-1
-ALVIC CARL MAGARZO,
“The inflation rate in the Philippines rose to 6.4% in August of 2018 from 5.7% in the month of July. The higher the inflation, the more severe the issue is. The current price of goods and service increases appear to be slamming poorer Filipinos more than those in the upper class. But our inflation right now is nothing compared to some events from the past like the 19% inflation rate in 1991 when the economy is suffering from the effects of 1990 Luzon earthquake and 1991 Mt. Pinatubo eruption. I think it is up to our government on how they will manage and control the crisis that is hitting our country today. We, Filipinos need to support and cooperate to our government instead of criticizing and judging them.”
-IAN ESTANISLAO, BSCE-1 “Inflation in prices today is a little bit hard for the citizens of the country since there is no strong foundation or medium that would provide the consumers with sufficient money to meet the prices. The government should open job opportunities that could sustain the daily needs of people receiving sufficient wages to keep them going and living. A progressive country is a country with cooperating government and citizens. This will open opportunities for investments and businesses that would also raise the bar of our economy.”
“Because of the price hike in gasoline as an adverse effect of inflation, the drivers for public transportations has no choice but to pass on the burden to the passengers; thus, increasing the fare. Since one of the primary expenses of a student is fare, it does affect the way they spend their fixed allowances. Allocating extra amount for the increase in fare would also mean to adjust the budget for other necessary expenses in order to optimize the use of resources.”
-BLESS JELLIE MALIHAN, BSA-1 “In this present time, the Philippines has an inflation rate of 6.4% which is the highest recorded in 6 years span. This is really surprising and also alarming for our current government knowing that the economy of our country is down. Inflation rises because we are highly dependent in importing oil and petroleum and also, the ill-timed TRAIN Law. Another factor is the peoples’ expectations in inflation and high demand on necessities which results to hoarding products. The government should make adjustments to fix this current situation in our country. We must find alternatives in oil and petroleum instead of importing to lessen its price in the market nationwide and always make an inspection time by time in prices of necessities.”
-CIARELLE JUL BARRIOS,
-JOHN CARLO URETA, BSA-4
The effects of this predicament are immeasurable. It jeopardizes the budgetary outlays of each households and thus, will link as a chain reaction on the students’ allowances and alike. Everyone is hoping that inflation will be resolved at a short period of time. But until it still evades our economic life, we have no choice but to go with the flow.
“For me as a student, inflation in the Philippines has good and bad effects. Inflation in some points is a struggle especially to unemployed Filipinos because of the price hike. Also the poverty rate will escalate because of the tax increase.”
PACKAGE 1 NORLYN TRAJE
prices of our basic
necessities are now too high! What could be the reason why Filipinos are currently experiencing the burden of inflation? Does TRAIN Law contribute to the problem? According to the ASE AN Statistics Agencies, Philippines now has the highest inflation rate in ASEAN. This issue is somehow linked to various factors such as the worldwide increase of the price of fuel and weakening of peso, but one of the known causes of inflation is the TRAIN Law. Under Pres. Duterte’s Administration, the TRAIN (Tax Reform Acceleration Inclusion) Law or Republic Act (“R.A.”) No. 10963 is implemented carrying the goal of amending the system of collection of tax. As stated by the Department of Finance, “The goal of the first package of the Comprehensive Tax Reform Program (CTRP) or TRAIN is to create a more just, simple, and more effective system of tax collection, as per the constitution, where the rich will have a bigger contribution and the poor will benefit more from the government’s programs and services.” The Comprehensive Tax Reform had taken its effect last January 1, 2018 and as observed, it is divided into two packages namely; Package 1 and Package 2. Starting from the first package, the following concepts are the scope of TRAIN law. Lowering the Personal Income Tax Filipino workers earning P250,000 annually or P21,000 monthly and below are guaranteed of having O% Personal Income Tax (PIT). On the other hand, individuals who earn more than the said amount are obliged to pay higher taxes. This is to underscore that minimum wage earners should have greater take home pay and high wage earners should pay higher taxes.
TRAIN LAW THE T AX R EFORM FOR A CCELERATION AND IN CLUSION Simplifying the Estate and Donor’s Tax The tax required for the transfer or donation of land or property will be lowered and simplified. The original estate tax is about 20% of the net estate value and 15% for the net donations. From 20%, estate tax will be lowered to 6% of the net estate value and from 15% down to 6% tax for net donations. Expanding the Value-Added Tax Base
collapsed. So as stated by Department of Finance, “The VAT reform in the past significantly improved the fiscal position of the government and buoyed the economy, and partly credited for the stronger and more resilient economy we enjoy today.” Currently, the government is certain that the inflation in the country will be managed and will result in the near future, to a growth in All Filipinos are aware of the 12% the economy. Value-Added Tax in every purchase of I n c r e a s i n g t h e E x c i s e T a x o f goods. The Philippines do belong to the automobiles countries which have the highest VAT The increase in the tax of rates in the Southeast Asia Region but if automobiles does not imply the general compared to Thailand which only increase of all cars. TRAIN law will focus imposes 7% VAT, both countries collects on the tax raise of expensive cars. This the same amount of taxes. In spite of means that low-priced car owners will the high VAT rate in the Philippines, this pay the same low tax entitled to them reality happens because of tax and high-priced car owners are exemptions in the country. Tax entitled to pay a higher amount of tax. exemptions resulted in leakages, Excise tax on Sweetened Beverages corruption and tax evasion. Imposing an excise tax on The TRAIN Law aims to correct the VAT system to achieve a fairer and sweetened beverages such as simple tax system through the decrease carbonated, energy, sports and juice of tax exemptions. However, senior drinks will not just result to an increase in citizens and persons with disabilities are the revenue of the country but is also a guaranteed exemptions. Currently, there are 61 non-essential tax part of the comprehensive health exemptions and the TRAIN Law appeals measure of the Department of Health in raising awareness about the to 54 of it. Increasing the Excise Tax of Petroleum underlying effects of the consumption Products of the said beverages on the health of When it comes to price increase all Filipinos. This will help in reducing the of products, one of the biggest factors threat of serious health problems that is the increase in the price of fuel. The requires massive healthcare cost. implementation of TRAIN law will result Diabetic patients were recorded to be to a minimal increase in the price of spending about P300 billion on fuel specifically around 0.73 percent increase in inflation according to the m a i n t e n a n c e m e d i c i n e s a n d operations. Acquiring diabetes prevails Department of Finance. Oppositions emerged because as the number one result of excessive of the alarming rate of inflation in the consumption of unhealthy beverages. country. In 2005, a VAT reform was This part of the TRAIN law is believed to imposed which resulted to a slow help in making a productive and growth in GDP but the inflation was managed and the economy did not progressive economy.
F EATURE THE T AX R EFORM FOR A CCELERATION AND IN CLUSION
THE TRAIN LAW PACKAGE 2 EDJANE BAUTISTA
Acceleration Law (TRAIN) is the brainchild to reform taxation in the Philippine under the administration of Pres. Rodrigo R. Duterte. The first part is now a law, bringing down personal income taxes drastically. As a compromise, the cutbacks have been spread towards taxing some of t he day-t o- day commodit i es, contributing to the country’s inflation. While it did provide the working population in the Philippines with higher disposable income, critics of the tax reform say that the burden of compensating for those lost taxes are now on every consumer’s shoulders. On the other hand, the Philippines has one of the highest corporate tax rates in Southeast Asia. Currently, the corporate tax is 30%, which is applied to all net incomes from the entire tax table sources. Compared to other countries in the region, 30% is extremely steep. For example, the corporate tax rate in Malaysia is at 26%. This can be one of the major factors why foreign investors prefer to do business elsewhere instead of the Philippines. There are misconceptions on the Package 2 of the TRAIN law but this package will reduce corporate taxes. There is no imposition of new taxes. Also Package 2 of the TRAIN law aims to reduce corporate income tax to 25 percent from 30 percent. The finance department said the measure would benefit more than 95 percent of businesses in the country that are paying the highest corporate income tax rate in the region. It also includes provisions for a sunset period and new incentives for current players that expand their businesses or adopt new technology.
There is a proposal to rename e q u a l l y . A c c o r d i n g t o t h e Package 2 of the tax reform program Department of Finance, corporate tax to “Tax Reform for Attracting rates became unequal due to the Better and High-Quality Opportunities current tax incentive system. It gave (TRABAHO).” The measure was tax relief to some big corporations previously known as Corporate (who are not necessarily causing a Income Tax and Incentives Reform big impact to the economy) while many SMEs are not benefiting from Act (CITIRA). these incentives. TRABAHO Tax incentives will not be given out easily and little is known whether there will be a different tax incentive scheme. Ultimately, businesses will be paying the same taxes across the board but not necessarily lower. Businesses that are registered under different sectors for tax incentives may have to pay higher taxes; meanwhile, local businesses not listed in sectors that are subject to tax According to the Department incentives will mostly be enjoying of Finance (DOF), this second lower taxes. package of the TRAIN law is not just Businesses that are currently aimed at cutting down corporate taxes, but it is also designed to enjoying their tax holiday and incentives will be able to retain their achieve the following: 1. Simplify an overly complex current incentives for two years. This corporate tax system to improve will grant them enough time to adjust to the new tax scheme. compliance. 2. Minimize “special treatment” Effect on the individuals At this point, it is not exactly to a minority of corporations that only accurate to say that this will cause pay 6 percent to 13 percent. 3. Benefit more than 95 percent inflation. Depending on how efficient of businesses in the country that are the government will be implementing paying the highest corporate income its mitigating measures, it is still too early to tell. Despite bringing down tax rate in the region. 4. Provision for a sunset period the corporate taxes, it will not be and new incentives for current players lower for some. that expand their businesses or adopt Meanwhile, in the aspect of new technology. 5. Make the incentive system more employment, this might help the country create more jobs. inclusive and fair. Its goal is to create jobs by attracting Effect on business owners While it does not have a direct the right set of investments through effect to the consumer’s wallet, incentives. While TRABAHO will cut tax entrepreneurs and investors, on the incentives, it will, however, grant them other hand, will feel the brunt of it. Its to businesses that will bring more jobs aim is to streamline corporate taxes, and provide a better contribution to taxing businesses and corporations the economy in the long run. The Tax Reform for Attracting Better and Higher Quality Opportunities (Trabaho) is focused on two things: Cut corporate income taxes by 2 percentage points per year starting 2021, eventually bringing down the current 30% to 20% by 2029. Reduction of the various tax exemptions and tax holidays.
Which of which
THE GARCIAN EDITORIAL BOARD MEMBERS CHOSE RANDOM SAMPLE OF STUDENTS AND CONDUCTED A SURVEY. THE STUDENTS WERE ASKED ABOUT THEIR STANDS AND REACTIONS REGARDING CONTEMPORARY ISSUES IN THE PHILIPPINES.
ONE IDENTITY, ONE NATION ALTHEA MARIE MADO The national ID system has been a very controversial issue in the past decades with experts warning that it could violate a person's right to privacy. But government insists that security mechanisms are in place to protect stored information. Last August 6, 2018, President Rodrigo Duterte signed Republic Act 1105 or the National ID System law, the bill that will implement and establish a national ID system in the Philippines. The Philippine Identification System (PhilSys) is the government’s central identification platform that includes the basic information of a Filipino citizen such as his/her personal photo, complete name, sex, birthday, birthplace, blood type and his/her marital status. Also, the National ID System will include a PhilSys number or your ID number which will serve as your identity proof of being a Filipino citizen. In a nutshell, it is a means to simplify public and private transactions and aims to fast-track the delivery of government services for citizens and resident aliens of the Philippines. According to Laguna Rep. Sol Aragones, Author of the National ID System Act, an expected value of 30 billion pesos will be the budget for the implementation of the project. People behind this implementation said that it can greatly develop and improve the delivery of government services – especially for those who lack proper governmentissued identification cards as a person’s record in the Philippine Identification System would be valid and sufficient proof of identity. According to Republic Act 1105, the system aims to "eliminate the need to present other forms of identification when transacting with the government and private sector." A lot of Filipinos agreed with the law signed by President Duterte because the system can open up opportunities especially for the poor and marginalized and will make public service delivery more efficient. The National ID System also aims to lessen and eradicate corruption and curtail
bureaucratic red tape, prevent fraudulent transactions, and to improve and develop the process of service and business in the Philippines. The national ID System will also serve as the identity proof of every Filipino citizen. On the other hand, while the system data privacy experts worry that several provisions blur the line between what is appropriate and what may constitute a violation of one’s privacy and Filipinos get worried with their privacy. With the National ID System, getting personal information from an individual, their identity gets also at risk. The inclusion of the so-called “record history” in the law is a cause for concern. It can result in a centralized file that will give a detailed history of an individual’s activities over an extended period. That essentially makes it a comprehensive surveillance system. Data privacy lawyer Cecilia Soria, meanwhile, pointed out that the national ID system is not the only way to improve government services and the proponents should also look into their inefficiencies. The Filipinos needs assurance from the government for the protection of their identity to avoid the breach of data and information in case of the system’s malfunction. But the government insisted that the Filipinos have nothing to worry about this because the system is protected by the Data Privacy Act which assures protection for all the information that will be gathered from the Filipinos. Truly, the implementation of the National ID System to our country gives benefits to the Filipinos and to our nation as it gives unity and oneness the Philippines need to develop and improve the service of the government to the Filipinos. At some point, identity might remain at risk but the government reminded us to always work as one and remain as one in making our nation united in serving each and every Filipinos and make a name that will symbolize one identity for the Philippines.
GCT VOLLEYBAL KINGS AND QUEENS
Kalibo, Aklan- CEIMS Team snatched the title against the defending champion CEHGS Department, 25-23, 25-20, 25-18, during Garcia College of Technology (GCT) Palaro 2018 Men’s Volleyball Championship Game held at Gov. Augusto B. Legaspi Memorial Sports Complex, September 6-8, 2018. CEHGS Team Captain Ian Tyrone Dumaguin, BSCE-5, fired four spikes with two kills and three blocks to lead his team and snatched the win in the first set, 25-23. The CEIMS Team leaned on Eleazar Moya and Client John Peralta in the second set where they broke loss from an 11-all deadlock to force a win in the second set. With the tide running on their favor, the CEIMS jumped to a 10-4 lead before the CEHGS racked up four straight points to make things a little more interesting. Peralta pushed CEIMS back up by four 14-9, before Moya found an open space to put their team at championship point. CEHGS’ Rookie John Virgil Magluyan sent the ball out to
end the epic duel as CEIMS Team bagged the crown against the defending champion, 25-18. Moya was the Most Valuable Player and Peralta was the Best Spiker after the game. On the other hand, Accountancy Team captured the crown during the Palaro 2018 Women’s Volleyball Championship match against the CEHGS Team, 25-22, 25-23. Both teams started a strong match with a rally but Accountancy Team blew away a strong start but catched in second wind, enabling them to trail by four points in the middle going off the first set. But they brought back their rhythm and made an exclusive run to snatch the set, 25-22. Thrilling change of spikes occurred in the middle, going off the second set which made the match unpredictable, but the Accountancy Team boosted up with desperation to finish the match. They ended it up with an astonishing spike, 25-23.
CEGHS REIGNS GCT PALARO BASKETBALL MEN AND WOMEN
JERIC PAUL R. MATEO Kalibo, Aklan- CEHGS Department captured the title against the Accountancy Department, 48-37, during the GCT Palaro 2018 Women’s Basketball Championship Game at Gov. Augusto B. Legaspi Memorial Sports Complex, September 6-8. After having two wins against one loss standing tied with the CEIMS Department, they headed to a Do-or-Die Championship Game. Shaira May Gelito, a Rookie player of CEHGS Department shuffled the ball around with her teammates leading to scores which made them trailing a five point lead, moving to the next quarter, 16-11. On the second quarter, the tide running on the CEGHS favor and jump the lead to 28-20 leaning the ball to their Most Valuable Team Captain Krizia Mae Rebenito, BSCE-4. While on the third quarter, Accountancy Department rookie, Vjane Naviamos got her momentum and fired three perimeter shots to reduce the margin and claim the third quarter, 32-28. But on the one-sided fourth quarter, CEHGS MVP Rebenito led the team to grab the momentum with her back to back 3-pointers and three consecutive steals leading to a layup including Gelito’s four perimeter shots and a steal-assist to claim the match, 48-37. Rebenito said, "Supports from our team and our
department and the desire to maintain our crown as the Defending Champion were our motivations. The best way to win the game was to have fun while trusting each other on the court especially asking guidance from the Lord. Support from the team and the basketball coordinator also made the whole game worth playing for. And we were striving for a bounce back from last year’s Palaro when we won 2nd Runner-up. All the efforts we exerted was all worth it. At the end of the Palaro, we brought back the Championship Title for Women’s Basketball, and two of us received individual award. Thank you Lord.” On the other hand, CEHGS Department Men’s Basketball team reigned the Palaro 2018 Basketball and was proclaimed as the Champion after winning all matches and led the standing, 3 wins against 0 loss. Hailed as Most Valuable Player, Paul JR Dela Torre lead the team in every game averaging 20 points, 5 rebound, 5 assists, and 3 steals per game. Dela Torre said, “Maybe as a senior player, I motivated my teammates and we were all pressured because since I started playing with the CEHGS Team we always won as a champion and maybe this is my last game. I have just saved the best for the last. As a captain of the team, I want them to focus during practices and also during the game, and the discipline was always there with them. I am very lucky that I have teammates like them, because we play as a team.”
This is 12 pages newsletter of The Garcian which highlight community development issues particularly Boracay rehabilitation and the coastal...
Published on Nov 7, 2018
This is 12 pages newsletter of The Garcian which highlight community development issues particularly Boracay rehabilitation and the coastal...