Dominguez thanks Senate for passing its TRAIN version

Finance Secretary Carlos Dominguez III said the government is now one big step closer to reforming the country's tax system for the first time in over two decades--and providing a…

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IRR of customs modernization law fleshed out in about 42 BOC orders

The implementing rules and regulations (IRR) of the Customs Modernization and Tariff Act (CMTA) will be contained in about 42 Customs Administrative Orders (CAOs) that the government plans to complete…

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BTr ‘repo’ to enhance funding, trading liquidity in debt market

Finance Secretary Carlos Dominguez III has cited the reforms being undertaken by the Bureau of the Treasury (BTr) to develop the domestic capital market, among them, the launching of its…

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PMO remits P554.4-M to BTr in 1st 9 months of 2017

The disposition of state properties for privatization along with cash dividends and other forms of revenue raised from still unsold government assets generated a total of P554.442 million in the…

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First batch of P142-M seized cigarettes destroyed in Davao

National government officials led over the weekend the destruction of the first batch of close to five million packs of cigarettes worth an estimated P142.44 million, all bearing the brands…

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DOF expects fuel marking system in place by 2nd semester 2018

The Department of Finance (DOF) expects the fuel marking and monitoring system mandated under the proposed tax reform law to be in place by the second half of 2018 as…

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Dominguez cites need for financial inclusion of 86% ‘unbanked’ Filipinos

Finance Secretary Carlos Dominguez III has stressed the primacy of continuously introducing technological innovations to the country’s banking system as a way to bring 86 percent of “unbanked” Filipinos to…

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