Chris Tan

Supreme Court Associate Justice Rodil Zalameda penned the decision that reversed the conviction on seven counts of graft of President Marcos’ mother, Imelda. tinyurl.com/mr3apwnc | via @onenewsph

Akala nila makakalusot sila. Check out the leaderboard developed by BetterGovPH and People’s Budget Coalition to see the top congressional representatives who had the most insertions in the 2027 House General Appropriations Bill. budget.bettergov.ph/hgab/202…

BATO CONSIDERED "ARMED AND DANGEROUS" BREAKING: Nag-alok ng P50 milyon pabuya ang DILG para sa sinumang makapagbibigay ng impormasyon kay Sen. Bato Dela Rosa na wanted ng ICC. Ayon kay DILG Sec. Jonvic Remulla, itinuturing na si Dela Rosa na “armed and dangerous.” Nagbigay naman ng isang linggong ultimatum ang PNP para sumuko na ang senador. | via @_KarenDeGuzman

REMULLA: ‘I DROPPED THE BALL’ Interior Secretary Jonvic Remulla said he regrets not arresting fugitive Sen. Bato dela Rosa when he had the chance in May this year. Read: philstar.com/headlines/2026/…

PANOORIN: Nasunog ang isang bahay na gawa sa kahoy sa Barangay Philam, Quezon City, bandang 5 AM ngayong Lunes, Oktubre 19. Nakaligtas sa sunog ang 111-anyos na may-ari ng bahay. Ayon sa kaniya, nagpa-piano siya nang makarinig ng pagsabog. Pagpunta niya sa kuwarto, malaki na ang apoy kaya humingi siya ng tulong. Wala raw supply ng kuryente sa bahay at may nakasinding kandila sa altar. Ayon sa Bureau of Fire Protection, nadamay din sa sunog ang katabing bahay. Patuloy pang inaalam ang sanhi ng sunog na idineklarang fire out 6:07 AM ng umaga. | via James Agustin/GMA News Bisitahin ang gmanetwork.com/news para sa iba pang updates.

The Office of the Ombudsman has filed an P11-billion plunder complaint against 46 individuals, including officials of Pharmally Pharmaceutical Corporation, over alleged anomalous purchases of personal protective equipment, coronavirus testing kits, among others, during the COVID-19 pandemic, Ombudsman Jesus Crispin Remulla said on Friday. Read more: gmanetwork.com/news/topstori…

Turns out the future does have flying cars

ALL-TIME LOW BREAKING: Sumadsad sa P63.23 ang palitan ng piso kontra US dollar sa intraday trading ngayong Biyernes ng umaga, Oktubre 16, 2026.

Beijing’s ambassador to Manila on Thursday said China could “easily win” a military conflict with the Philippines, but it would not use force to settle maritime disputes between the two countries. READ MORE: inqnews.net/ChinaPeaceWithPH

The Philippine Drug Enforcement Agency revealed a politician from Mindanao financed the chartered flight which was supposed to deliver P3.5 billion worth of illegal drugs from Laos to the Philippines. | @manueltupas

ECONOMIST, FORMER FINANCE USEC ANNOUNCES SENATE BID Former Department of Finance Undersecretary and economy professor Cielo Magno announced that she will run for a senatorial position in the 2028 elections. Magno, speaking at a forum in Italy, said that she will focus on healthcare as part of her platforms, as well as reforms in the country’s industrial policy. In 2023, the Malacañang terminated Magno from her position in the Department of Finance for being “unsupportive” of the administration’s programs.

BREAKING: Lead public prosecutor and Batangas Rep. Gerville Luistro confirms that the prosecution panel for VP Sara Duterte's impeachment trial drops three out of four articles, leaving Article II as the lone case against the VP. Under Article II, Duterte is alleged to have unexplained wealth which was not disclosed in the VP's Statement of Assets, Liabilities, and Net Worth (SALN) from 2022 to 2025. #VPonTrial | @GabrielLaluINQ Follow our live updates here: inqnews.net/SaraTrialOct13 Watch our livestream here: inqnews.net/ImpeachmentOct13

Imagine a coffee shop owner who finally decides to call it quits. After months of disappointing sales, rising rent, and mounting bills, the owner sells the espresso machine, dismisses the staff, and locks the doors. The business is closed. Or so the owner thinks. In the Philippines, shutting down a business does not automatically end its legal and tax obligations. Even after the last customer leaves, government agencies may continue expecting tax returns and other regulatory filings. For struggling entrepreneurs, the irony is painful: a business that no longer earns money can continue accumulating penalties. CLOSING IS NOT AS SIMPLE AS WALKING AWAY Among Filipino entrepreneurs, there is a familiar saying that closing a business is five times harder than opening one. While the figure is anecdotal, the frustration is real. A sole proprietor generally needs to coordinate with the barangay, local government, Department of Trade and Industry (DTI), and Bureau of Internal Revenue (BIR). Corporations face additional requirements through the Securities and Exchange Commission (SEC). Simply allowing permits to expire does not automatically cancel tax obligations. THE BIR CAN BE THE BIGGEST HEADACHE For many entrepreneurs, securing BIR clearance is the most intimidating part. Business owners must formally report their closure, generally using BIR Form 1905, and settle applicable tax obligations. Problems arise when the business has unfiled returns or outstanding liabilities, commonly called ‘open cases.’ An entrepreneur who stopped operating years earlier without formally closing the business may discover accumulated compliance problems, penalties, and interest. Recent BIR reforms have sought to simplify procedures for smaller taxpayers, but faster processing does not automatically erase outstanding liabilities. EMPLOYEES CANNOT BE FORGOTTEN Closing a business also carries responsibilities toward workers. Employers generally must notify affected employees and the Department of Labor and Employment at least 30 days before closure. Separation pay may be required depending on the circumstances, while outstanding wages, benefits, and statutory contributions must be addressed. For a struggling coffee shop owner, these expenses arrive precisely when the business has run out of money. WHEN FAILURE COMES WITH MORE PAPERWORK The difficulty of closing a business raises a larger question about the country’s entrepreneurial environment. Government agencies encourage Filipinos to become entrepreneurs, create jobs, and take financial risks. Yet when businesses fail, owners face multiple offices, paperwork, and potential penalties. Business failure is already expensive. Entrepreneurs lose savings, investments, and years of hard work. A business-friendly country should not merely make it easier to open a coffee shop. It should also make it reasonably simple to close one. Failure is already a punishment. Bureaucracy should not make it worse. (✍️: Top Dagohoy) #radarPHBusiness #radarPH

UPDATE: The Commission on Audit denied the motion for reconsideration of Vice President Sara Duterte over the disallowance of P73 million in confidential expenses of the Office of the Vice President (OVP) in 2022. | via @KaxandraSalonga

'WE REGRET IF ANY SENATOR FELT THAT WAY' PANOORIN: Nilinaw ni Michael Poa, counsel ng Defense team ni VP Sara Duterte, na hindi nila intensyon na magbanta kanino man matapos ang naging pagharap ni Anti-Money Laundering Council (AMLC) Executive Director Ronel Buenaventura sa impeachment trial ngayong Lunes, Oct. 5. "We regret if any senator felt that way kasi as you know, hindi naman talaga intention ‘yun to threathen anyone,” Saad in Poa. Ayon kay Poa, binasa lang ni Defense counsel Mark Vinluan ang batas ukol sa AMLC sa witness at hindi raw ganoon ang kanilang intensyon. | via @_iancruz / GMA News Bisitahin ang gmanetwork.com/news para sa iba pang balita.