A marketing and communications expert at the Department of Trade and Industry (DTI) with a sterling record in handling major tourism projects in Mindanao is working closely with the Department of Finance (DOF) in handling the preparations for the 2018 annual meeting of the Asian Development Bank (ADB) Board of Governors to be held in Manila.
Read MoreFinance Secretary Carlos Dominguez III said the tax reform agenda being pushed by the Duterte administration seeks to end “decades of unjust taxation that polarized wealth rather than distributed it” in proposing to shift the tax burden from the lower 99 percent of the country’s population to its wealthiest one percent.
Read MoreThe Department of Finance (DOF) is looking at the possible merger of the Philippine Export-Import Credit Agency (PhilEXIM) with other state-run guarantee firms to create a new single entity that would provide fresh funds for a new government guarantee system.
Read MoreFormer National Economic and Development Authority (NEDA) director-general Felipe Medalla said the slight, temporary inflation increase arising from the adjustments in oil excise taxes under the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN) will not hurt low-income earners or members of the informal sector owing to the safety nets for the poor and other vulnerable sectors outlined in the measure.
Read MoreThe Department of Finance (DOF) will conduct a forum this Wednesday to heighten public awareness of, and support for, the Duterte administration’s proposed Tax Reform for Acceleration and Inclusion Act (TRAIN) that aims to benefit 99 percent of Filipino taxpayers and help sustain the government’s accelerated spending on infrastructure, education, health and social protection programs.
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