BIR Shutters three food establishments in Quezon City

BANAWE, Quezon City - The Bureau of Internal Revenue (BIR) shuttered three (3) food establishments in Banawe, Quezon City last 13 September 2013 for failure to declare their correct taxable…

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BIR Collection for August 2013 Grew by Php21.35 Billion or 22.07%

For the month of August 2013, the BIR collected Php118.11billion in tax revenues, Php21.35 Billion or 22.07% more than collections made in August 2012. The BIR significantly achieved its goal,…

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World Bank turns over bank failure prediction model to PDIC

World Bank - PDIC partnership. World Bank Country Director for the Philippines Motoo Konishi (4th from left) turned over the customized bank prediction model to PDIC Executive Vice President Imelda…

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P137.3 Billion Malampaya Fund Available

The Bureau of Treasury (BTr) today said that contrary to claims made by Sen. Ralph Recto, P137.288 billion in Malampaya Funds remain intact in the National Government, with collections and…

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Statement of Philippine Finance Secretary Cesar V. Purisima on the nomination of Janet Yellen to the Chairmanship of the Federal Reserve

"From the perspective of the Philippines, Ms. Janet Yellen is an excellent and worthy choice as successor to Chairman Ben Bernanke of the Federal Reserve. Her nomination is an historic…

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