The Philippine economy is “ready to soar” after its strong performance in the third quarter and is likely to grow by 6 percent or above for the rest of the Duterte presidency despite the international trade friction and other global challenges, Finance Secretary Carlos Dominguez III said.
Read MoreFinance Secretary Carlos Dominguez has said the government, under President Duterte’s decisive leadership, has finally broken the “stranglehold of inefficiency” in the domestic rice industry with the passage of the Rice Tariffication Law (RTL) that aims to “revolutionize” the agriculture sector and slash the retail cost of the staple for the benefit of over 100 million Filipino consumers.
Read MoreSix analysts have accurately predicted the inflation rate for October 2019 while another one gave a correct forecast of the gross domestic product (GDP) growth for the year’s third quarter, according to the latest assessment by the Department of Finance (DOF) of private-sector projections on these two metrics.
Read MoreThe attached list contains the list of pending VAT refund claims with the Bureau of Customs (BOC). Claimants are notified to coordinate with the Tax Credit Committee Secretariat within the prescribed period.