PHL takes over chairmanship of APEC disaster risk finance group

The Philippines has accepted the chairmanship of the Asia-Pacific Economic Cooperation (APEC)'s technical working group (TWG) in charge of crafting financial protection strategies that will strengthen the resilience and quick-response…

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Tax reform “key link” to redeeming PHL future—Dominguez

Finance Secretary Carlos Dominguez III has underscored the importance of public diplomacy to win popular support for the Duterte administration’s proposed Comprehensive Tax Reform Program (CTRP) by convincing ordinary Filipinos…

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BIR still determining Mighty’s tax deficiencies

BIR still determining Mighty's tax deficiencies Finance Secretary Carlos Dominguez III said the Bureau of Internal Revenue (BIR) is still determining the correct amount that Mighty Corporation should pay in…

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Manila, Beijing agree to speed up PHL projects for Chinese funding

Manila and Beijing have agreed to prioritize Philippine infrastructure projects that could be done in two to three years’ time in cooperation with China to ensure that these would be…

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Accountancy board undermining anti-red tape campaign

The government’s anti-red tape campaign spearheaded by the Department of Finance (DOF) has encountered snags following the insistence of the Board of Accountancy (BOA) to require the submission of compilation…

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BOC, BIR likely to achieve 2017 targets

Finance Secretary Carlos Dominguez III said he is "pretty sure" that the Bureaus of Customs (BOC) and of Internal Revenue (BIR) could attain their respective collection targets for this year,…

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BIR, BOC taking legal action vs Mighty for tax evasion

​Finance Secretary Carlos Dominguez III said that "the Bureaus of Internal Revenue (BIR) and of Customs (BOC) are now busy​ gathering evidence for submission to the Department of Justice (DOJ),…

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Cabinet execs bat for speedy passage of DOF’s CTRP in Congress

Members of the Duterte Cabinet have appealed to the Congress to swiftly pass the proposed Comprehensive Tax Reform Program (CTRP) that will empower government to overhaul the country’s obsolete tax…

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Cabinet officials pitch support for CTRP before Congress

Seven Cabinet Secretaries and five undersecretaries came in full force at Monday’s hearing of the House ways and means committee on the proposed Comprehensive Tax Reform Program (CTRP) to demonstrate…

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Ex-Sen. Romulo takes oath as DBP chairman

Finance Secretary Carlos Dominguez III swore into office last week former Sen. Alberto Romulo as the new chairman of the board of the Development Bank of the Philippines (DBP). Rogelio…

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