Was that a Freudian slip, Sec. Diokno?—SHARP EDGES by JAKE J. MADERAZO

09/12/2023

  In his regular press briefing last week, Finance Secretary Benjamin Diokno was quizzed by reporters about President Ferdinand Marcos Jr.’s EO 39 setting a price cap on rice. In the ensuing exchange, Diokno said the President’s…

P400-M excess documentary stamp tax collections in horseracing—SHARP EDGES by JAKE J. MADERAZO

08/29/2023

In an August 10 letter, the three biggest horse owner groups, MARHO, PHILTOBO, KLUB DON JUAN called the attention of the Games and Amusements Board (GAB) that these excess DST, collected from Jan-Dec. 2021, Jan-Dec. 2022 and…

Makati-Taguig mayoras now at war—SHARP EDGES by JAKE J. MADERAZO

08/22/2023

While preparing schools’ opening days ago in the 14 public schools, confusion among the citizenry and the 30,000 students heightened as Taguig-Pateros DepEd “forcibly attempted” to take over and enforce the decision. But Makati insists it owns…

Philracom and GAB should stop horse race fixing—SHARP EDGES by JAKE J. MADERAZO

08/15/2023

For the past 15 racing days from July 19 to August 13, the racing public bet an average of P21-M per day. If the trend continues at our lone racetrack, the Metro Turf Club Incorporated (MMTCI), gross…

Inutile defense of Manila Bay reclamation projects—SHARP EDGES by JAKE J. MADERAZO

08/08/2023

The US Embassy, situated along Roxas Boulevard fronting Manila Bay, has two major concerns against the ongoing reclamation near them. First, potential negative long-term and irreversible impacts to the environment, resilience to natural hazards to Manila and…

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