A Philippine real estate industry group welcomed the Marcos administration’s decision to shelve a controversial proposal to raise taxes on property-related transactions, citing improved fiscal performance in early 2025.
The Department of Finance (DoF) has withdrawn the Government Revenues Optimization through Wealth Tax Harmonization (GROWTH) bill, which would have increased capital gains, donor’s, and estate taxes from 6% to 10% between 2025 and 2030.
Finance Secretary Ralph Recto formally requested the withdrawal in a letter to the House Ways and Means Committee, attributing the move to stronger-than-expected revenue collections in the first quarter.
Anthony Gerard Leuterio, president of A Better Real Estate Philippines (ABREP), said the tax proposal would have discouraged property transactions and disproportionately affected middle-income families.
ABREP, which represents brokers, developers and industry professionals, had earlier called on the government to address inefficiencies in spending before imposing new taxes.
“Raising taxes is not the solution,” Leuterio said. “The issue isn’t a lack of funds, but how those funds are managed. Without accountability, higher taxes risk punishing property owners and ordinary families.”
The GROWTH bill formed part of the government’s broader strategy to raise PHP 300 billion in revenues to support infrastructure, healthcare, and education initiatives.
However, it faced opposition from business groups, including ABREP and the Management Association of the Philippines (MAP), which cited waste in agencies such as PhilHealth and a decline in public services.
In a letter to President Ferdinand Marcos Jr., MAP urged a moratorium on new taxes until a full audit of government expenditures and fiscal leakage is completed.
While the administration remains committed to long-term fiscal consolidation, the withdrawal of the tax proposal signals a shift toward revenue-neutral policies and greater reliance on structural reforms over direct taxation.
3D Swertres Lotto Result Today October 9, 2024 – Here is the Swertres 3D Lotto Result for today based on the official 2PM, 5PM, and 9PM draws of the Philippine Charity Sweepstakes Office (PCSO).
3D also known as Swertres is one of the most popular digit games in the Philippines. The PCSO releases official 3D result / Swertres result at 2pm, 5pm and 9pm. Refresh this page after the scheduled draw time to see the latest results.
3D Swertres Lotto Results today, October 9, 2024:
2PM: 348 | 5PM: 209 | 9PM: 734
Congratulations to all the winners. if you did not make it in today’s draws, don’t worry, there are still more draws to come. 3D Swertres tickets are still at P20 each. Please check this post regularly for the latest 3D Swertres Lotto results from the Philippine Charity Sweepstakes Office (PCSO).
How to play Swertres Lotto / 3D Lotto
Select your Swertres number combination by marking one (1) number out of numbers 0 to 9 in each of the three columns.
Mark LP (Lucky Pick) if you want the terminal to choose the number combination for you.
Select your play amount.
Mark Rambolito if you want to play Rambolito 3D Lotto System Bet.
For Advance Plays, mark the number of consecutive draws in the Draw panel.
Where to Claim 3D Lotto Prize/s
For P10,001.00 and up, excluding the Jackpot Prize, prizes can be claimed in PCSO Branch Offices in your area or at the PCSO Head Office.
For P24 up to P10,000, prizes can be claimed at the Lotto outlet where you bought your ticket or at the PCSO Branch Offices in your are.
PCSO Lotto New Schedule of Games
Please ensure that you check your numbers at the official PCSOwebsite. BusinessNews.ph cannot be held responsible for any misprints, typos or inaccuracies that lead to any financial loss or failure to claim winnings. Also check: Business News Canada, 2024
Ruth Ocampo-Medalle does not know much about technology, computers, or the latest digital applications that are available online. For over six years, the 46-year-old mother of five managed her small sari-sari store business the old-fashioned and traditional way – with a pen, a notebook, and a lot of patience.
Medalle’s days as an MSME entrepreneur began with the same routine – opening her sari-sari store early in the morning, arranging her stocks on the shelves, displaying some items on the table outside the store, and waiting for customers to trickle in.
It looked simple and easy. Behind the scenes, however, the challenges of managing her store were overwhelming. She had to write everything down – what was sold, what needed to be reordered – but it was hard to keep up.
Her handwritten records were often incomplete or lost among the pages, leading to frequent shortages and missed opportunities.
“Sometimes, I would forget to restock certain items, and when customers look for items and there is nothing available, they would leave disappointed,” Medalle recalled.
But for nearly a year already, this 46-year-old sari-sari store owner has effectively streamlined the operation of her small convenience store, located in Maracas, barangay Lahug, Cebu City, by tapping a Samar-made app to run inventory, perform accounting, and sell digital mobile loads, among others.
With her smartphone, Medall easily conducts inventory of her items. Photo: BusinessNews.ph
“I never imagined I could do all this just using my mobile phone. I always thought technology was too complicated and not meant for people like me with little knowledge about accounting or digitalization,” Medalle said.
I never imagined I could do all this just using my mobile phone. I always thought technology was too complicated and not meant for people like me with little knowledge about accounting or digitalization
Last year, with the help of her daughter, Medalle signed up for Peddlr, a point-of-sale mobile app for small businesses.
The free-to-use app, founded by Samar-native Nel Laygo, allows users to monitor sales, track expenses, manage inventory, and even send loads offline with just a smartphone.
“I designed this app specifically for sari-sari store owners to help bring their operations online and streamline their business processes. My goal is to empower them by unlocking the potential of technology,” Laygo told BusinessNews.ph.
Data from the Department of Trade and Industry show that there are more than 1.3 million convenience stores across the country, providing the daily essentials to Filipino consumers.
There are more than 1.3 million convenience stores in the Philippines, providing daily essentials to Filipinos consumers.
However, most of these convenience stores fail to stay afloat for long due to various reasons, among them is the inability to monitor stock and profits accurately.
Laygo said this inspired him and his co-founder Aiko Reyes to start Peddlr from his home in Catbalogan, Samar.
Launched in July 2021, Peddlr has accumulated over two million downloads during its first year in business and continues to grow year over year.
Laygo admits that most users of Peddlr have never downloaded an app before or used computers to do inventory. So he made sure the app was easy to use and could be accessed even without an internet connection.
It was only two months ago when Deliah Abella learned about Peddlr from a relative who has already benefitted from the app. She was hesitant at first, saying she was used to doing things on paper. Most of all, Abella said she hasn’t used an app before, not even the popular social media applications.
After using the app for less than a month, Abella started to notice how her daily operations became seamless. She was still using paper but nearly half of what she did was already done using her smartphone.
“I started doing the inventory. Then the accounting. Then I was able to track my daily sales. I was impressed!” Abella stressed.
Now, she can track her inventory and identify the best-selling items. It has also become easier for her to note which items need restocking and calculate her daily profits.
“Every store owner should tap what technology has to offer. We can’t just rely on the old-fashioned way. Technology makes my life easier and my small business much more manageable than when I was using pen and paper,” Abella said.
Every store owner should tap what technology has to offer. We can’t just rely on the old-fashioned way.
That is the goal – onboarding every sari-sari store owner online so they can streamline their business and spend more quality time with their families, Laygo said.
“Our mission is to provide micro and small business owners the necessary tools to embrace the digital world, manage their operations more effectively, and increase profitability,” he added.
In fact, Peddlr is free to use and the company that runs it only makes money from digital mobile loads that are being sold by sari-sari store owners.
“We firmly believe that technology should be accessible to all businesses regardless of size,” Laygo pointed out.
We firmly believe that technology should be accessible to all businesses regardless of size.
Ruth Ocampo-Medalle, the 46-year-old sari-sari store owner in Barangay Lahug, Cebu City, happily checked the shelves stocked with goods insider her store, with her smartphone in her left hand.
By embracing technology, Medalle expressed her readiness to face future challenges and her excitement about the possibility of expanding her sari-sari store into a neighborhood convenience shop.
6/58 ULTRA LOTTO RESULT TODAY – The Philippine Charity Sweepstakes Office (PCSO) is set to release the official 6/58 Ultra Lotto Result today, Friday, October 6, 2023, based on the 9PM draw.
Drawn every TUESDAY, FRIDAY and SUNDAY, players have three (3) times a week, chance to win in the UltraLotto 6/58. For only 20.00, the Ultra Lotto 6/58 game offers the biggest initial jackpot of 49,500,000.00 (net of agent’s prize commission). and the jackpot grows even bigger whenever there is no jackpot winner!
6/58 Ultra Lotto Result for today, October 6, 2023:
[table id=3132 /]
https://youtu.be/bu2kIT9KPjA
Other Lotto Games Today
[table id=1249 /]
How to Play 6/58 Ultra Lotto
Select six numbers from 1 to 58 or play Lucky Pick (LP) for a randomly generated numbers. Each play cost 20.00. You can play the same number combination for 2 up to 6 consecutive draws by marking the preferred number of draws in the DRAW panel. You may also opt to play SYSTEM to have more chances of winning.
Six balls numbered from 1 to 58 will be drawn and you win the jackpot prize by matching all of the drawn numbers, in any order. If two or more persons win the jackpot, payment for each winner is determined by dividing equally the jackpot amount. You also win prizes if you match any 3, 4, or 5 numbers of the winning 6-number combination, in any order.
Previous 6/58 Ultra Lotto Results:
[table id=8 /]
Reminders from PCSO:
You must be at least 18 years old to buy UltraLotto 6/58 Tickets or claim your UltraLotto 6/58 winnings.
The 20.00 play amount is inclusive of 20% Documentary Stamp Tax (DST)
Players have the sole responsibility for checking the accuracy of the data printed on your ticket(s) including bet type, bet amount, the draw date you want to enter and the numbers you want to play.
Please ensure that you check your numbers at the official PCSO website. BusinessNews.ph cannot be held responsible for any misprints, typos or inaccuracies that lead to any financial loss or failure to claim winnings.
6/49 SUPER LOTTO RESULT TODAY September 19, 2023 – The Philippine Charity Sweepstakes Office (PCSO) is releasing the official 6/49 Super Lotto Result at 9PM today. Check your tickets now.
6/49 Super Lotto is one of the most popular jackpot-bearing lottery games in the Philippines. It is drawn every Tuesday, Thursday, and Sunday.
6/49 Super Lotto result for today, September 19, 2023:
[table id=3066 /]
https://youtu.be/bu2kIT9KPjA
Jackpot can be won if you get the six winning numbers in any order. Please refresh this page after the 9PM draw for the latest result. Please double check with the official PCSO website for confirmation of result.
Mark the selected six numbers from 1 to 49 on a playslip using blue or black ink or a pencil. Or you may play for a Lucky Pick (LP) if you want to have your selections picked randomly. You may play up to 6 advance draws by simply marking the preferred number of draws in the DRAW panel.
You may increase your chances of winning by playing the SYSTEM. You may opt to play Roll 5, Sys 7 up to Sys 12.
To win a prize, you need to match at least three winning numbers. The more numbers you match, the greater your prize. For matching six numbers you win the JACKPOT amount.
In the event that there are no winners for the jackpot, the jackpot prize pool is carried forward to the next draw. Thus, the jackpot can get bigger. In case of multiple winners, jackpot prize will be divided equally.
To know if have you won, watched the live Lotto draw broadcasted over PTV4 and streamed over pcso.gov.ph, PCSO Games Hub and Philippine Charity Sweepstakes Office Official Facebook page and PCSO Official YouTube Channel at 9:00PM.
Reminders from PCSO:
You must be at least 18 years old to buy 6/49 Super Lotto Tickets or claim your winnings. The 20.00 play amount is inclusive of 20% Documentary Stamp Tax (DST).
Players have the sole responsibility for checking the accuracy of the data printed on your ticket(s) including bet type, bet amount, the draw date you want to enter and the numbers you want to play.
Please ensure that you check your numbers at the official PCSO website. BusinessNews.ph cannot be held responsible for any misprints, typos, or inaccuracies that lead to any financial loss or failure to claim winnings.
6/42 LOTTO RESULT TODAY March 18, 2023 – Looking for the official 6/42 Lotto Result? Here is the official 6/42 Lotto Result Today based on the official draw of the Philippine Charity Sweepstakes Office (PCSO). Please refresh this page after the 9PM draw to view tonight’s winning combination.
6/42 Lotto is one of the most popular 6-digit game in the Philippines. It is the country’s first national lottery game where players get the chance to win at least P5,940,000 (initial jackpot prize). The jackpot prize keeps on growing based on nationwide sales until there is a jackpot winner.
6/42 Lotto Result today, March 18, 2023:
[table id=2390 /]
Other Lotto Games Today
[table id=1249 /]
How to Play 6/42 Lotto:
Each Lotto 6/42 ticket costs 20.00. You may select your own 6-number combination from 1 to 42 on each board or play Lucky Pick (LP) and let the computer choose your numbers.
To play with the same selected numbers for more than one draw, mark your preferred number of draws you want to play in DRAW panel.
SYSTEM play is also available for this game. Simply select the 5R, SYS 7 up to SYS 12 option in your playslip to play your preferred System game and pay the corresponding amount.
Live draws are broadcasted over PTV4 and livestreamed over pcso.gov.ph, PCSO Games Hub and Philippine Charity Sweepstakes Office Official Facebook page and PCSO Official YouTube Channel at 9:00PM every TUESDAY, THURSDAY and SATURDAY where the six (6) balls numbered 1 – 42 are selected.
If the selected 6-number combination in your ticket matches the officially drawn 6-winning number combination you win the jackpot prize. However, if more than one player picks the same winning 6-number combination, the jackpot will be divided equally among the jackpot winners.
Consolation or low tier prizes are also available for anyone who matched 5 out of 6 down to 3 out of 6 numbers.
Past Results:
[table id=33 /]
Reminders from PCSO:
You must be at least 18 years old to buy UltraLotto 6/42 Tickets or claim your winnings.
The 20.00 play amount is inclusive of 20% Documentary Stamp Tax (DST)
Players have the sole responsibility for checking the accuracy of the data printed on your ticket(s) including bet type, bet amount, the draw date you want to enter and the numbers you want to play.
Please ensure that you check your numbers at the official PCSO website. BusinessNews.ph cannot be held responsible for any misprints, typos or inaccuracies that lead to any financial loss or failure to claim winnings.
6/49 SUPER LOTTO RESULT TODAY March 14, 2023 – The Philippine Charity Sweepstakes Office (PCSO) is releasing the official 6/49 Super Lotto Result at 9PM today. Check your tickets now.
6/49 Super Lotto is one of the most popular jackpot-bearing lottery games in the Philippines. It is drawn every Tuesday, Thursday, and Sunday.
6/49 Super Lotto result for today, March 14, 2023:
[table id=2378 /]
Jackpot can be won if you get the six winning numbers in any order. Please refresh this page after the 9PM draw for the latest result. Please double check with the official PCSO website for confirmation of result.
Mark the selected six numbers from 1 to 49 on a playslip using blue or black ink or a pencil. Or you may play for a Lucky Pick (LP) if you want to have your selections picked randomly. You may play up to 6 advance draws by simply marking the preferred number of draws in the DRAW panel.
You may increase your chances of winning by playing the SYSTEM. You may opt to play Roll 5, Sys 7 up to Sys 12.
To win a prize, you need to match at least three winning numbers. The more numbers you match, the greater your prize. For matching six numbers you win the JACKPOT amount.
In the event that there are no winners for the jackpot, the jackpot prize pool is carried forward to the next draw. Thus, the jackpot can get bigger. In case of multiple winners, jackpot prize will be divided equally.
To know if have you won, watched the live Lotto draw broadcasted over PTV4 and streamed over pcso.gov.ph, PCSO Games Hub and Philippine Charity Sweepstakes Office Official Facebook page and PCSO Official YouTube Channel at 9:00PM.
Reminders from PCSO:
You must be at least 18 years old to buy 6/49 Super Lotto Tickets or claim your winnings. The 20.00 play amount is inclusive of 20% Documentary Stamp Tax (DST).
Players have the sole responsibility for checking the accuracy of the data printed on your ticket(s) including bet type, bet amount, the draw date you want to enter and the numbers you want to play.
Please ensure that you check your numbers at the official PCSO website. BusinessNews.ph cannot be held responsible for any misprints, typos, or inaccuracies that lead to any financial loss or failure to claim winnings.
The global pandemic might have minted depressing and unfortunate stories of lives lost and loved ones suffering but it also created inspiring stories of kindness, selfless dedication, and going beyond one’s comfort zones to serve others.
For the nine teachers at Abellana National School (ANS), a public high school in Cebu City, the challenges of the global health crisis and their daily personal battles did not dampen their passion to teach and make sure that their students remain motivated and inspired to go on with their studies.
Barry Dolloso, a Grade 7 teacher, was not content with just holding online classes and then leaving the students on their own when the class was over.
To keep the students informed, Dolloso spearheaded the creation of a series of video-based learning materials for Grade 7 students.
“The teaching videos were aimed at keeping students informed even after classes. They can access the videos to review their lessons or if they need clarification on what was discussed during live sessions,” Dolloso said.
Kaalamdag video technology
Dolloso’s video-based learning materials proved so effective that they were being used in four other public schools in Cebu City under the Kaalamdag Project to keep students motivated even when everything was in lockdown.
On top of his teaching load, Dolloso produced the most Star Scouts for Abellana National School despite the competitive advantage of the scouting units of the private schools.
Barry Dolloso attends to a bleeding worker inside the Abellana National School during the interview.
He also readily accepted the task of heading the team that ensures safety inside the school when the face-to-face classes plan was still on the drawing board due to the unpredictability of the pandemic.
“It has been a challenging environment for the students and we teachers have the responsibility to influence them, to give a constant reminder of the importance of education,” Dolloso said.
For his efforts, Dolloso was named the school-wide winner of the Most Inspiring Teachers Award 2022 given by ANS General PTA and the Supreme Student Government.
Teacher Barry Dolloso (center) is joined by (from left), ANS Principal Nathanael Flores, Cebu City Councilor Rey Gealon, and General PTA President Nestor Ramirez.
Going beyond their duty to inspire students
It was a tough task to keep students focused on their studies, especially when classes were done online or through modules. The distractions brought about by the quarantine and restrictions added up to the difficulties that teachers had to face to keep the interest of learners.
“There were a lot of distractions. I also had personal problems. But it didn’t stop me from performing my duty as a teacher and making sure that the number of my students remain intact until the end of the school year,” said Grade 9 Match Nissy Borga.
The task was beyond the four walls of the digital classrooms. For most of the nine teachers, part of being a teacher was going to the student’s house to check why he or she was no longer joining the online class or meeting the parents to convince them that stopping the student’s education was not a wise move.
“I could not afford to have even one student drop out of my class. I had to go beyond teaching to make sure that no one was left behind,” said Grade 12 ICT teacher Joey Anne P. Binghay.
Richie, not his real name, said he would have dropped out of school and his parents have decided online class was too much of a hassle for them, financially and logistically.
“When my teacher checked on me and urged me to go on with my studies, I just realised how important education is and that I belong to not just a class but a family, with my teacher as my second parent,” Richie said.
The teachers sharing their experiences during the final interview.
Teacher Gerlie N. Alberio, a Grade 12 class adviser, made it a daily routine to make sure that all of her students were online when they needed to.
One time, when she noticed that one of her students had been absent on several occasions, she personally checked on the student to know what was going on. Despite the restrictions, Borga managed to get to the student’s house.
Sharing load to keep students online
“When I learned that his parents could not afford the load for the internet, I didn’t hesitate to shell out my own money just to make sure that he gets online to join my classes,” Alberio said.
It was an additional expense on her part, but Alberio said keeping that student in class online was more important. The said student finished the school year with high grades.
As technology was a key player in the education process during the pandemic, Alberio added that students should have equal access and not be deprived of learning just because they don’t have the means to do so.
Most inspiring teachers award
Cebu City Vice Mayor Raymond Alvin Garcia urged the teachers to continue to excel in their chosen field and the good work they do to their students.
“May your passion carry on well and beyond just today to change the country, the world for the better, one student at a time,” Garcia said.
The eight other teachers, including Borga and Alberio were also named Most Inspiring Teachers in their respective grade levels. The grade level winners were voted upon by the students through a survey conducted by the school’s Supreme Student Government.
ANS Most Inspiring Teachers 2022
The winners were picked based on various criteria, including a) the teacher goes out of his/her comfort zone to advance the students’ interest and provide a rich experience to all learners who were without ‘traditional teachers’ standing beside them in classrooms, b) the teacher applies creative, innovative, non-traditional methods to address the unique needs of the students during the pandemic, c) the teacher initiates open communication with the students and parents, d) the teacher is facilitative in addressing different concerns of the students, among others.
“The award was not about the teacher’s expertise on the subject matter, her delivery of the lesson during class, or how neat and expansive the lesson plan is. It was about the amount of care and diligence of the teacher to keep the students motivated to come to school every single day,” said General PTA President Dr. Nestor Ramirez.
For his part, Cebu City Councilor Rey Gealon, who graced the awarding ceremony, said he always felt inspired to be in the presence of inspiring teachers – teaching being the noblest of professions, as it is this profession that creates all the other professions.
“Until now, I’m still at awe in the presence of my grade school teachers, reminiscing moments of struggle in those quizzes, examinations, assignments, homeworks, and projects – sweet memories that never grow old,” Gealon said.
Overall winner: Barry Dolloso
Grade level awardees: Nissy D. Borga, Ma. Karina Y. Estrada, Shaira Marie V. Reyes, Marijune I. Torreon, Gerlie N. Alberio, Joey Anne P. Binghay, Delia T. Canono, Maria Emelia S. Aragon,
