The Department of Finance (DOF) has challenged its bureau overseeing local treasury financing and revenue administration to continue developing innovative programs to strengthen the fiscal autonomy of local government units…
The Philippine and Japanese governments will soon sign the exchange of notes on projects intended for rehabilitating Marawi City and strengthening the maritime safety capability of the Philippine Coast Guard,…
Finance Secretary Carlos Dominguez III has expressed confidence that the Philippines can sustain a 7 percent gross domestic product (GDP) growth rate over the medium term, fueled by an unprecedented…
Finance Secretary Carlos Dominguez III said the Duterte administration is determined to run after tax evaders, but with due process strictly observed in carrying out this goal. “Our target are…
The Bureau of Customs (BOC) is now checking the massive gap it has uncovered between China’s export volumes to the Philippines and the shipment figures officially reported here by importers,…
TOKYO--The Japan Tobacco Inc. (JT) Group has expressed its vigorous support for the “tax collection effectiveness program” of the Department of Finance (DOF) and its efforts to broaden the Philippines’…
South Korea has offered a $1.7 billion credit facility and another $7 million in the form of non-lending programs to the Philippines to help implement the Duterte administration’s priority programs…
The takeover by Japan Tobacco Inc. of Mighty Corporation has led to a 2o0 percent increase in the excise tax payments for the September-October period alone for this cigarette manufacturer…
The Department of Finance (DOF) is working on the funding requirements for three big-ticket infrastructure projects, which include the first phase of the proposed Metro Manila Subway, in time for…
The Duterte administration’s “Build, Build, Build” team has assured the country’s business leaders that the government is open to team-ups with the private sector on big-ticket infrastructure projects under the…
