More than 40 companies from the mining and oil and gas sectors participated in a workshop on beneficial ownership organized by the Chamber of Mines of the Philippines (COMP) and…
The Department of Finance (DOF) has expressed its full support for the higher alcohol excise tax rates contained in Senate Bill (SB) No. 1074, which was sponsored in plenary by…
WASHINGTON DC—The World Bank is encouraging innovations using digital technology to expand financial inclusion in the Philippines, the head of this multilateral institution said. In a meeting with Finance Secretary…
WASHINGTON DC—The leading nominee for the presidency of the Asian Development Bank (ADB) has bared to the Philippines his plans to enhance the institution’s capability in ensuring “social inclusion” through…
Finance Secretary Carlos Dominguez III has described as a “good idea” a congressional proposal to impose an additional tax on mining, the proceeds of which will be placed in a…
The governments of the Philippines and the People’s Republic of China have signed and exchanged six bilateral documents on the feasibility studies for two big-ticket projects under President Duterte's centerpiece…
Finance Secretary Carlos Dominguez III is upbeat on the Philippines’ chances of further raising next year its already much-improved ranking in the latest World Bank Doing Business report once a…
WASHINGTON DC—The “vibrant participation” of both international and Philippine companies in President Duterte's signature “Build, Build, Build” infrastructure program is solid proof of the trust that the government has earned…
Finance Secretary Carlos Dominguez III supports in principle a plan by Albay Rep. Joey Salceda to file a bill seeking to impose a 5 percent franchise tax on revenues generated…
WASHINGTON DC—The Philippines has called on the World Bank and the International Monetary Fund (IMF) to adopt bold, out-of-the box solutions in support of their efforts toward a “new multilateralism”…
