BEIJING—The Philippines and China signed here Thursday (Aug.29) an agreement for a US$219.78 million Preferential Buyer’s Credit facility to fund the Project Management Consultancy for the Philippine National Railways (PNR)…
The Department of Finance (DOF) has underscored the need to complete the passage of the remaining packages of the Duterte administration’s comprehensive tax reform program (CTRP) to ensure a reliable…
The governments of the Philippines and Ireland recently held the first round of negotiations on a proposed bilateral agreement that aims to avoid double taxation on individuals and companies in…
Finance Secretary Carlos Dominguez III has underscored the strong partnership between the Philippines and the Asian Development Bank (ADB) as aptly demonstrated by the multilateral institution’s full support for the…
The Philippines is now in a good position to encourage better reinsurance cooperation among various national reinsurers in Asia, following the recent election of Insurance Commission (IC) chief Dennis Funa…
The Department of Finance (DOF) has begun the process of forming a technical working group (TWG) with other national government agencies to assist officials of the Bangsamoro Autonomous Region in…
The government’s economic managers have formally called for a closer working relationship with the Senate and the House of Representatives in ensuring speedy action on legislative proposals that are in…
Department of Finance (DOF) officials have allayed concerns about incentive reform, emphasizing that qualified firms will receive superior incentives, including additional tax deductions, when Package 2 of the Comprehensive Tax…
The Bureau of Internal Revenue (BIR) has launched a digital tax payments system allowing Filipinos to conveniently pay their taxes online using the electronic funds transfer service PESOnet, in line…
Finance undersecretary Gil Beltran has scoffed at Philippine Economic Zone Authority (PEZA) officials for having "a weak grasp of basic economics and accounting" in erroneously claiming that this investment promotion…
