DAVAO City — A top-level Spanish delegation has reiterated Spain’s support for President Duterte’s 10-point socioeconomic agenda and lauded his ongoing peace initiatives with insurgent groups as well as his…
The Mindanao Business Council Inc. (MBCI) has given its full backing to the comprehensive tax reform program of the Duterte administration, describing it as “the starting point” to the attainment…
Finance Secretary Carlos Dominguez III has vowed to work closely with the Bureau of Internal Revenue (BIR) as it takes on the noble task of ensuring the financial sustainability of…
The Department of Finance (DOF) is pushing the implementation of its proposed restructuring of the excise tax on automobiles not only to partly ensure the financial sustainability of the government’s…
The national government incurred a fiscal deficit in October this year, but it was significantly lower compared to that of the same month a year ago, data from Bureau of…
DAVAO CITY—The Philippines is improving the ease of doing business to encourage increased investments from Spanish and other foreign business groups that want a foothold in the highly lucrative and…
A hefty part of President Duterte's unparalleled public investments on his watch will be devoted to infrastructure servicing the tourism industry in keeping with his goal of transforming this sector…
This week’s overall weakening of Asian currencies vis-a-vis the dollar was an overreaction by fund managers to the prospects of higher US Federal Reserve rates this December, according to Finance…
The Duterte administration is spending a whopping P860.7 billion on large-scale infrastructure projects next year, which represents 5.4 percent of the country’s Gross Domestic Product (GDP), in keeping with its…
The Philippines and Iran have agreed to further expand their bilateral ties, beginning with establishing banking relations and renewing the strong economic cooperation between the two countries. In a meeting…
