PHL to join ASEAN disaster risk insurance facility

The Philippines is set to join in May five other members of the Association of Southeast Asian Nations (ASEAN) along with Japan in operating a disaster risk insurance facility that…

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Malpass welcomes PHL proposal on closer World Bank-ADB coordination

World Bank Group president David Malpass has welcomed a proposal by Finance Secretary Carlos Dominguez III for multilateral lenders to closely coordinate their development efforts in the Asia-Pacific region, and…

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PHL Tax Academy to offer courses on app-based microlearning

The Philippine Tax Academy (PTA) is now in the process of designing courses for an online application-based microlearning platform in line with its efforts to make continuing education and training…

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DOF tells Malacañang most MSMEs support corporate tax reform

Majority of micro, small and medium enterprises (MSMEs) in the country are supportive of the Tax Reform for Attracting Better and High-Quality Opportunities or TRABAHO bill currently pending in the…

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World Bank to act on PHL call for closer coordination with ADB

The World Bank has responded positively to the Philippines’ call for the institution to closely coordinate its efforts and explore complementarities with the Asian Development Bank (ADB) to more efficiently…

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Dominguez tells Japanese firms to invest more in fast-growing PHL economy

Finance Secretary Carlos Dominguez III has called on Japanese companies to invest more in the Philippines’ fast-growing economy, where higher consumer demand fueled by tax reform and an aggressive infrastructure…

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World Bank support helps PHL reach upper-middle income status this year

WASHINGTON DC—The World Bank’s generous support for the Philippines’ sustainable development programs is a key factor in helping the country secure its status as an upper middle-income economy in 2019,…

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NFA must strengthen logistics operations, says DOF exec

The National Food Authority (NFA) will continue to operate even with the rice tariffication law in place, but it needs to strengthen its logistics capacity, ensuring that the government has…

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