DOF: No conflict between sin tax revenue and health goals

The Department of Finance (DOF) has reiterated its position that the revenue generation and health promotion objectives of the proposed sin tax reform bill are not mutually exclusive, as both…

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World Bank financing for 4Ps to accelerate poverty reduction

The World Bank’s sustained funding support for the government’s conditional cash transfer (CCT) program for the country’s poorest households will go a long way in helping the Duterte administration achieve…

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No respite in campaign vs POGO tax evaders

Finance Secretary Carlos Dominguez III has said there will be no letup in the ongoing crackdown against tax-dodging Philippine Offshore Gaming Operators (POGOs) and their providers as the government aims…

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Excess rice import tariffs set aside for cash transfers to farmers

Finance Secretary Carlos Dominguez III has confirmed that the excess of P10 billion collected from tariffs on rice imports and earmarked annually for the Rice Competitiveness Enhancement Fund (RCEF) will…

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RCEP crucial to ASEAN, China economic integration–Dominguez

GUANGZHOU, China—An emerging mega trade deal among 15 Asia-Pacific countries will be a “gamechanger” for closer economic integration between China and the member-states of the Association of Southeast Asian Nations…

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Customs seizes P13-B ‘hot’ goods over Jan-Oct period

The Bureau of Customs (BOC) has confiscated from January to October this year some P12.92 billion-worth of smuggled goods, most of which were illegal drugs plus counterfeit goods, cigarettes and…

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