South Korea will provide the Philippines a US$50-million loan to fund the feasibility studies and other project preparation activities necessary to speed up the implementation of the Duterte administration’s “Build, Build, Build” infrastructure projects under an agreement signed between the two countries.
Read MoreThe Bureau of Customs (BOC) has intensified. its anti-smuggling campaign in 2019, seizing P20.58 billion-worth of smuggled goods, mostly counterfeit goods, illegal drugs and tobacco products.
Read MoreThe government was able to collect a total of P6.42 billion in taxes from Philippine offshore gaming operators (POGOs) and their service providers in 2019, which was P4.04 billion or 169 percent more than the collection of P2.38 billion from these businesses in the previous year.
Read MoreThe Philippines has officially joined the live operations of the ASEAN Single Window (ASW) starting Dec. 30, 2019, the Department of Finance (DOF) has said.
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