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Bacolod City, Philippines Wednesday, January 11, 2006
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PAL to terminate flights to
Riyadh, Kuala Lumpur

MANILA - Philippine Airlines said yesterday it will stop flying unprofitable routes such as Riyadh and Kuala Lumpur but will revive services to India and increase them to the United States.

PAL president Jaime Bautista said the flag-carrier would drop Riyadh in March because of intense competition from Middle East carriers to the Saudi capital.

PAL will also stop flying to Kuala Lumpur on February 15 after seeing passenger volumes drop after the entry of low-cost Malaysian carrier AirAsia to that market.

Teves, Buņag to lead
'06 regional tax drive

The Bureau of Internal Revenue Region 12 in Bacolod City is stepping up its local tax drive with the Expanded Value Added Tax Roadshow and Regional Launching of 2006 Tax Campaign on January 13 at the Bacolod Convention Plaza Hotel.

Finance Secretary Margarito Teves and Bureau of Internal Revenue Commissioner Jose Mario Buņag will spearhead the launching activities.

BIR Region 12, headed by OIC-Regional Director Esmeralda Tabule, said they will hold a comprehensive information campaign on Republic Act 9337 or the EVAT Law, a tax measure intended to help the government achieve a zero budget deficit by 2010.

Business
PAL to terminate flights to Riyadh, Kuala Lumpur
Teves, Buņag to lead '06 regional tax drive
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