Gov’t surpasses January excise tax collection target

Total actual excise tax collections for January 2018 reached P22.078 billion, or over 7.7 percent of the goal of P20.501 billion for that month and 81.69 percent higher compared to…

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Mindanao among biggest beneficiaries of ‘Build, Build, Build’

ZAMBOANGA CITY—After decades of neglect, Mindanao is now in the “front and center” of the government’s infrastructure buildup under the Duterte administration’s “Build, Build, Build” program, with several big-ticket projects…

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7.4 million households to receive unconditional cash transfers in 1st quarter

Unconditional cash transfers (UCTs) amounting to P2,400 for 2018 will be distributed within the first quarter to some 7.4 million households, comprising the 4.4 million existing beneficiaries under the Pantawid…

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Destruction of seized counterfeit cigarettes to last until March

The destruction of seized Mighty cigarettes bearing counterfeit tax stamps that began in December 2017 is still ongoing and is expected to be completed in the first week of March…

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TRAIN to eventually rescue 21-M Filipinos from poverty

The Tax Reform for Acceleration and Inclusion Act (TRAIN) will set the staging ground to rescue 21 million Filipinos from poverty in the long run because additional revenues from this…

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Dominguez urges US investors to be part of PHL’s economic resurgence

Finance Secretary Carlos Dominguez III has called on American investors to take part in the Philippines’ resurgence as Asia’s next powerhouse as he assured them that the country’s economy continues…

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