BIZ BUZZ: Spare MAP the drama: Bonoan drops presidency

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The influential Administration Affiliation of the Philippines (MAP) will vote for a brand new president subsequent week following the withdrawal of Noel Bonoan—lower than a month after election—amid a marital drama.

“With this and after cautious reflection, I made my choice. My hope is that this may keep away from distracting the group from its mission of instilling administration excellence within the Philippines,” Bonoan stated in his withdrawal letter addressed to present MAP president Rene Almendras.

One other supply stated ladies’s rights teams had complained to MAP board about Bonoan. In his letter, Bonoan stated these teams alluded to a criticism affidavit that had been filed by his former spouse—one which was subsequently withdrawn—alongside allegations raised in an ongoing annulment case.

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Bonoan stated he acknowledged the misery that such allegations have induced inside and outdoors MAP, whilst he lamented that “conspicuously lacking” was his aspect of the story.

Almendras, for his half, stated Bonoan’s choice to not settle for the position confirmed how the latter had put MAP’s “finest pursuits above private concerns.”

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“I categorical my respect for Noel’s professionalism and sincerity in upholding the beliefs we espouse in MAP by his choice,” Almendras stated.

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Bonoan is vice chair, chief working officer and head of advisory at KPMG R.G. Manabat and Co. He additionally served as an undersecretary on the Division of Finance. —Alden M. Monzon

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Crackdown on pretend PWD IDs

After a latest Senate probe pegged the income losses from such a tax evasion scheme at a whopping P88.2 billion, the Bureau of Inner Income (BIR) has had sufficient and is ready to begin a large crackdown on the sale and use of pretend particular person with incapacity (PWD) identification playing cards (ID).

The BIR stated unscrupulous people have exploited the system by promoting pretend PWD IDs to these fraudulently searching for to assert these advantages. These pretend IDs should not solely bought on the streets but additionally by on-line marketplaces, making them simply accessible.

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READ: Senate probe bares ‘amusing’ tales on use of pretend PWD playing cards

As such, the bureau stated it can proceed to conduct tax audits on transactions involving PWDs reported by institutions.

On the identical time, the BIR will intensify its coordination with related businesses, together with the Division of Well being and the Nationwide Council on Incapacity Affairs, to confirm the legitimacy of PWD IDs.

However past the losses, BIR Commissioner Romeo Lumagui Jr. stated this criminal activity can be a disrespect to reputable PWDs.

“The low cost given by legislation to PWDs is for the development of their well-being and easing of their monetary burden,” Lumagui stated. —Ian Nicolas P. Cigaral

No manner however up for CebPac

Price range service Cebu Pacific undoubtedly noticed a exceptional yr—from clinching the largest plane acquisition deal in Philippine aviation historical past to purchasing boutique airline AirSwift from the Zobel household.

Candice Iyog, the Gokongwei-led airline’s chief advertising and buyer expertise officer, solely expects a brighter future in 2025 for the service that has been launching new and thrilling routes right here and overseas.

Cebu Pacific will welcome the yr with a complete of 116 locations in its community, exhibiting a progress from 104 when it began 2024.

It has to this point obtained 15 new plane this yr to reinforce passenger capability. Three extra are anticipated for the remainder of the yr.

“We proceed to develop whereas we actively handle the affect of provide chain points and constructed community resilience,” Iyog stated throughout a media thanksgiving occasion in Makati on Wednesday night.



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This yr, the airline targets to fly 24 million passengers, increased than 20 million in 2023, because it expands each its home and worldwide community.—Tyrone Jasper C. Piad 



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