January 19, 2018: *** The local economy of Tagbilaran City was infused with almost P5-B in 2017. New business went up from 602 to 1,017 which amounts to an almost P1.2-B worth of capitalization or a 160% increase from last year, while business renewals also went up from 4231 to 4693 which posted gross receipts amounting to almost P3.4-B or a 21% from 2016. ***Gov. Edgar Chatto turns over today the P1.9-M first tranche of the P9.8-M assistance to the Bohol Dairy Producers Association for the Bohol Dairy Milk Processing and Marketing Enterprise as Bohol is poised to be the Dairy Capital of the country.

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Thursday, March 06, 2014

TO promote greater ease and flexibility in remitting their PhilHealth contributions, the Philippine Health Insurance Corporation (PhilHealth) is implementing a new payment schedule for employers starting March 2014.

In its Circular No. 1, s-2014, employers in the Government and private sectors with PhilHealth Employer Number (PEN) ending in 0 to 4 may remit their monthly contributions every 11th to 15th day of the month following the month being paid for, while those with PENs ending in 5 to 9 may remit every 16th to 20th day.

For example, with March 2014 being the applicable month, employers with PEN ending in 0 to 4 may remit their contributions from April 11 to 15 of this year, while those with PENs ending in 5 to 9 may remit from April 16 to 20.
Meanwhile, submission of remittance reports shall be within five (5) days after payment has been made. "Should the date due falls on a weekend or holiday, both payments and remittance reporting can still be made on the next working day" the Circular clarified.

PhilHealth encouraged employers to regularly remit their contributions following the new schedule to avoid penalties. (PhilHealth)

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