The Philippines-Italy Debt for Development Swap Program arising from the Agreement signed between the Government of the Republic of the Philippines, through the Department of Finance, and the Republic of Italy, through the Embassy of Italy in Manila on May 9, 2012 is now in its full swing. The DOF has started accepting Project Proposals under the Program from the first day of September.
Read MoreThe Philippine Deposit Insurance Corporation (PDIC) will service the deposit insurance claims of depositors of the closed Rural Bank of La Trinidad (Benguet), Inc. from September 11 to 12, 2013. Servicing of claims will be conducted at the Benguet State University (BSU) College of Arts and Sciences (CAS) Main Building, Little Theater for depositors of the Head Office and at the City Museum, City Plaza, A.B. Fernandez Avenue, Dagupan City for depositors of the bank’s Dagupan Branch.
Read MoreDOF Secretary Cesar Purisima called on the country’s certified public accountants to step up and work with the government to improve tax compliance, particularly the continuing decline of tax collections from self-employed professionals.
Read MoreThe Philippine Deposit Insurance Corporation (PDIC) announced that it will continue to receive and process deposit insurance claims from depositors of the closed Rural Bank of Naval (Biliran), Inc. at the PDIC Claims Counter, 4 th Floor, SSS Bldg., 6782 Ayala Avenue corner V.A. Rufino Street, Makati City. Claims may also be filed through mail.
Read MoreThousands of jobs and unsuspecting consumers may have been saved from the ill effects of piracy and smuggling by the Bureau of Customs’ (BOC) condemnation of PhP 300 million worth of seized smuggled fake high-end brands like Louis Vuitton, Channel, Gucci, La Coste, Breitling, Ballenciaga, Hermes among other famous brands.
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