BIR posts higher November collection of P157-B

The Bureau of Internal Revenue (BIR) posted a 15 percent revenue collection increase to P157.3 billion in November from its year-ago performance. The BIR said in a report to Finance…

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Economic managers suggest to PRRD higher member contribution for proposed P2,000 pension hike to save SSS from bankruptcy

The country’s economic managers have recommended to President Duterte that the congressional proposal for a two-step, across-the-board increase of P2,000 in the Social Security System (SSS) monthly pension be made…

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Mizuho Bank eyes expanding its footprint in the Philippines

One of Japan’s largest commercial banks has expressed interest in expanding its footprint in the Philippines, particularly in the field of infrastructure where the Duterte administration has pledged to accelerate…

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Dominguez: Gov’t committed to adhere to rule of law

Finance Secretary Carlos Dominguez III reiterated today the government’s strong commitment to the rule of law in realizing the Duterte administration’s goal of attacking poverty and promoting a law-abiding society…

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PHL economy strong enough to ride out US Fed hike, says Dominguez

Finance Secretary Carlos Dominguez III today voiced optimism that the country’s rock solid macroeconomic fundamentals along with the Duterte administration’s infrastructure buildup strategy will create enough fiscal and monetary buffers…

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Dominguez orders dismissal of Customs officer, 2 municipal treasurers

Finance Secretary Carlos Dominguez III has ordered the implementation of separate rulings of the Office of the Ombudsman dismissing from the service a Bureau of Customs(BOC) officer and two municipal…

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Duterte Admin awaits financing cooperation with AIIB on big-ticket projects

The Duterte administration awaits promising development and financing cooperation with the Asian Infrastructure Investment Bank (AIIB) to help fund the country’s big-ticket infrastructure projects, according to National Treasurer Roberto Tan.…

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Dominguez swears in new SEC commissioner

Finance Secretary Carlos Dominguez III swore in Wednesday afternoon lawyer Emilio Aquino as commissioner of the Securities and Exchange Commission (SEC), replacing Manuel Gaite whose term expired this year. Aquino,…

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