Finance Secretary Carlos Dominguez III said he expects “broad and provocative” discussions on the future of the global economy as it relates to the past and present global trends to help the Asian Development Bank (ADB) and its member-economies deal with both the “promise and peril” of the rapid technology-driven change now sweeping across the globe.
Read MoreFormer Finance Secretary Cesar Purisima has underscored the necessity of instituting long-overdue reforms in the corporate tax system to bolster the country’s competitiveness as he expressed his full support for the proposal to modernize incentives for businesses and reduce the corporate income tax (CIT) rate to improve the collection efficiency of revenue agencies.
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