The Department of Finance (DOF) has thanked Senate ways and means chairperson Senator Pia Cayetano and House ways and means chairman Albay Rep. Joey Salceda, for their parallel public statements supporting similar tax rates on electronic cigarettes, vapes, heated tobacco products (HTPs) and other electronic nicotine delivery systems and electronic non-nicotine delivery systems (ENDS/ENNDS).
Read MoreThe 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 other tobacco products.
Read MoreFinance Assistant Secretary Antonio Lambino II has said in a briefing with international investors at the Clark Freeport that the level of infrastructure investments the government has put thus far into President Duterte’s centerpiece program “Build, Build, Build” is “historically unprecedented, highly sustainable and fiscally responsible, and supports our overarching goal of accelerating poverty reduction.”
Read MoreFinance Secretary Dominguez III reiterated the Duterte administration’s unwavering commitment to the twin goals of helping the country’s rice farmers become more globally competitive and providing Filipino families with access to affordable rice.
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