Dominguez cites heightened vigilance vs illicit tobacco trade

PORAC, PAMPANGA—Finance Secretary Carlos Dominguez III has underscored the need for heightened government vigilance against the illicit manufacture and sale of tobacco products, given that the increase in “sin” taxes…

Comments Off on Dominguez cites heightened vigilance vs illicit tobacco trade

PHL eyeing coverage expansion of ASEAN Green Bonds framework

The Duterte administration is mulling over the possible expansion of the coverage of the ASEAN Green Bonds Framework to include sectors such as transportation, infrastructure and commercial banking, in step…

Comments Off on PHL eyeing coverage expansion of ASEAN Green Bonds framework

YEARENDER DOF ensures funding for ‘Build, Build, Build’ projects

The Department of Finance (DOF) sealed concessional funding support in 2018 for big-ticket projects under the Duterte administration’s Build, Build, Build” (BBB) program, including its most ambitious and biggest single…

Comments Off on YEARENDER DOF ensures funding for ‘Build, Build, Build’ projects

Tax Academy eyeing campuses in Tagaytay, New Clark City

The Department of Finance (DOF) is planning to set up permanent campuses of the Philippine Tax Academy (PTA) in Tagaytay City in Cavite and New Clark City at the Clark…

Comments Off on Tax Academy eyeing campuses in Tagaytay, New Clark City

GOCC dividends reach all-time high of P48-B in 2018

Dividends remitted by government-owned or -controlled corporations (GOCCs) breached the P40-billion mark in 2018, the highest amount ever collected since the law requiring state firms to hand over 50 percent…

Comments Off on GOCC dividends reach all-time high of P48-B in 2018