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MB Daily News Update


More rains may be spawned by tropical storm Fabian; the Commission on Audit (COA) has expressed concern over questionable projects at the Philippine Coast Guard (PCG) and the state-owned printing firm Asian Productivity Organization-Production Unit Inc.; and an opposition senator has pointed out that prices of pork products remained high despite reduced tariff on pork imports.
These are among the top stories this Monday morning, July 19, 2021.
President Duterte, together with Transportation Secretary Arthur Tugade, Bases Conversion and Development Authority (BCDA) President and Chief Executive Officer Vivencio Dizon, and Senator Christopher Lawrence Go, tries out the self-check-in counter during his inspection of the newly completed terminal building of the Clark International Airport on Saturday, July 17, 2021. With them is Luzon International Premier Airport Development Corporation Chief Executive Officer Bi Yong Chungunco. (Photo from the Office of the President) ....

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WHO launches new manual for tobacco taxation strategy to help in post-COVID health system recovery; cites PH 'sin tax' success story – Manila Bulletin


(PIXABAY / FILE PHOTO)
In a statement on Tuesday, the WHO said the new manual also contains ways on how countries can cut down on over US$1.4 trillion worldwide losses due to tobacco use.
“We launched this new manual to provide updated, clear, and practical guidance for policymakers, finance officials, tax authorities, customs officials and others involved in tobacco tax policy to create and implement the strongest tobacco taxation policies for their specific countries,” said Jeremias N. Paul Jr, Unit Head for the Fiscal Policies for Health team in the Health Promotion Department at WHO.
In a separate report, the WHO praised the Philippines’ implementation of the “Sin Tax” as a “widely disseminated success story” that led to substantial reductions in tobacco use and increases in revenues used for its universal health care program. ....

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