Funding from both local and foreign sources have enabled the Duterte administration to fast track the extensive planning and preparations required for the P67.99-billion reconstruction and rehabilitation program for Marawi,…
DAVAO CITY—Finance Secretary Carlos Dominguez III has underscored the "generous support" extended by Japan in helping jumpstart the Philippines’ ambitious “Build, Build, Build” infrastructure program, which is crucial to the…
The Bureau of Internal Revenue (BIR) is now in the process of preparing a feasibility study in cooperation with the Korea International Cooperation Agency (KOICA) for the implementation of an…
We, the economic managers, are glad to report that the country’s inflation rate in January further slowed down to 4.4 percent. This gives us an auspicious start in our efforts…
Finance Secretary Carlos Dominguez III has approved a revenue regulation (RR) reducing by almost half the 25 to 32 percent creditable withholding tax on the refund due customers of the…
The bill seeking to impose tariffs on rice imports in lieu of quantitative restrictions (QRs) has gained the full backing of the business sector, with several groups sending their expressions…
Finance Secretary Carlos Dominguez III has commended the Bureau of Internal Revenue (BIR) for collecting P1.96 trillion in 2018, which is higher by 10.15 percent than its 2017 collections, as…
The Philippine Tax Academy (PTA) will soon launch an online training platform that would enable employees of the Department of Finance (DOF) and its attached agencies to remotely access the…
Finance Secretary Carlos Dominguez III said that bucking the perceived global headwinds, the Philippines will surge ahead this year as a growth leader in one of the world’s fastest-growing regions,…
The Philippines and Japan have sealed two loan agreements for projects amounting to P98.69 billion combined, one of which aims to improve flood control management in Metro Manila, and the…
