The spokesperson of the Department of Finance (DOF) today asserted that Secretary Carlos Dominguez III’s position on the mining policy of the Department of Environment and Natural Resources (DENR) is founded on the principles of due process of law and non-impairment of contract obligations as enshrined in the 1987 Constitution.
Read MoreOver 200 informal lenders have applied for registration before the Securities and Exchange Commission (SEC) after the government initiated a crackdown against loan sharks engaged in “five-six” and other usurious practices.
Read MoreRaw data from the Philippine Statistics Authority (PSA) and the Bureau of Internal Revenue (BIR) showing that 27.9 percent of taxes that high-income earners should pay the government are uncollected because of the currently flawed system, emphasize the need for tax policy reforms that would shift the tax burden from low- and middle-income households to the affluent sector.
Read MoreThe Department of Finance (DOF) has cited the “crucial role” that customs brokers play as among the lead partners of the Duterte Administration in its campaign to lick official corruption, eliminate poverty and promote trade and investments in our country that has become one of Asia’s fastest-growing economies.
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