Millennium Challenge Corporation to Arm RIPS with a Case Management System
Another top rice importer faces smuggling-related charges filed by the Bureau of Customs (BOC) for bringing in rice without government permits. Four separate complaints were filed by BOC Acting District Collectors Mario Mendoza of the Port of Manila; Elmir Dela Cruz of the Manila International Container Port; Roberto Almadin of the Port of Cebu; and Ricardo Butalid, Jr. of the Port of Davao against key officials of Starcraft International Trading Corporation and the firm’s Licensed Customs Brokers before the Department of Justice.
Read More“Economic growth rates offer a picture of a country’s trajectory, and growth is rarely a straight line. The Philippines under President Aquino’s leadership has consistently shown that we have changed our economic growth story to an upward and positive trajectory. The third quarter GDP growth of 5.3% puts the Philippine economy on a record of 11 straight quarters of above 5% growth and among the fastest growing economies in Asia, reflecting increasing resiliency as government seeks to improve spending and buttress against the effects of climate change and disasters. This makes for 63 straight quarters of positive growth since the 1997 Asian financial crisis, and is in keeping with the 6% average quarterly growth rate in the Aquino administration.
Read MoreThe Department of Finance (DOF) and the Securities and Exchange Commission (SEC) signed a memorandum of agreement (MOA) last 17 November 2014, allowing both parties to institutionalize data sharing and information exchange. As part of this undertaking, the SEC will share electronic copies of all basic company information and financial data contained in the General Information Sheets (GIS), as well as all financial data contained in the General Form for Financial Statements (GFFS), the Special Form for Financial Statements (SFFS), and the Audited Financial Statements (AFS).
Read MoreRevenue Integrity Protection Service to cause forfeiture of ill-gotten wealth
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