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Purisima pushes for unrestricted trading for government securities; DOF enables Treasury to tax track transactions for improved tax assessment and collection

In response to changes and developments in the capital market, Finance Secretary Cesar Purisima deemed it necessary to take measures to protect the the investing public from fraud or loss…

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September 24, 2014
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Customs seizes illegally imported Thai White Rice

The Bureau of Customs seized an estimated 1,250 Metric Tons (1.25-Million kilograms) of white rice that had been arrived in the country without the required import permits from the National…

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September 24, 2014
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PDIC to bid out P51.6-M in closed banks’ assets on October 9

The Philippine Deposit Insurance Corporation (PDIC) will conduct a public bidding of closed banks’ assets on an “as is, where is” basis on October 9, 2014 at the Bangko Sentral…

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September 23, 2014
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General Government Debt Improves to 38.1% of GDP as of March 2014

The Philippine government continues to improve on its liability management performance on the back of the Aquino administration’s commitment to uphold the nation’s creditworthiness. As of March 2014, the general…

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September 23, 2014
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Revenue Integrity Protection Service Performance at All-Time High; Carag: RIPS to continue to root out corruption and reform government

The Revenue Integrity Protection Service (RIPS) has achieved its highest performance in its 11-year history. A marked improvement in 2014 with 85 investigations initiated over the eight-month period from January…

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September 22, 2014
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BIR Collection for August 2014 Grew by P9.45 Billion

For the month of August 2014, the BIR collected P127.56 billion in tax revenues, P9.45 billion or 8.01% more than collections made in August 2013. For August 2014, collections from…

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September 16, 2014
Read more about the article BIR Collection for August 2014 Grew by P9.45 Billion
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