Finance Secretary Carlos Dominguez III has underscored the urgency of harmonizing and constantly updating tax policies and administration practices across the Asia-Pacific region to combat tax evasion against the backdrop of an increasingly borderless world.
Read MoreThe government’s economic team has put in place two facilities that would ensure that big-ticket infrastructure projects under the Duterte administration’s “Build, Build, Build” program meet international standards, according to the Department of Finance (DOF).
Read MoreThe interagency Mining Industry Coordinating Council (MICC) has kicked off its “fact-finding and science-based” review of an initial batch of 26 mine sites ordered either suspended or shut down last year by the previous leadership at the Department of Environment and Natural Resources (DENR) by starting in March on-site visits to these locations.
Read MoreFinance Secretary Carlos Dominguez III has welcomed the filing in the House of Representatives of a bill that aims to institute reforms in the country’s corporate tax system as he expressed the hope that the legislature can begin hearing the measure as soon as the Congress resumes its regular session in May following its traditional Lenten break.
Read MoreA bank launched recently by the government to cater to the needs of an estimated 10 million overseas-based Filipinos is the ideal vehicle for the Philippines to “leapfrog” to the digital economy, according to Finance Secretary Carlos Dominguez III.
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