Finance Undersecretary Mark Dennis Joven has reiterated that the Philippine government continues to uphold strict standards in dealing with foreign lenders for the government’s ‘Build, Build, Build’ infrastructure program.
Read MoreA delegation from the Department of Finance and the Bureau of Internal Revenue led by Finance Undersecretary Antonette Tionko met with the General Department of Taxation of the Ministry of Economy and Finance of the Kingdom of Cambodia, represented by Deputy Director General Bun Neary, to discuss and agree on the major provisions in the proposed double taxation agreement between the Philippines and Cambodia. After the meeting, the two parties signed the record of the developments they have agreed upon.
Read MoreThe Philippines and Cambodia may soon reach an agreement on the avoidance of double taxation on the individuals and companies of the two countries, following the substantial progress made during the second round of negotiations between their respective high-level officials, the Department of Finance (DOF) has said.
Read MoreThe National Government, through the Bureau of the Treasury (BTr), has successfully raised P4.961 billion from the first-time sale of Premyo Bonds, or over 65 percent higher than the initial issue size of P3 billion.
Read MoreOfficials of the Qatar Fund for Development (QFFD) have expressed openness in exploring opportunities for development cooperation with the Philippines in the areas of infrastructure and human capital development, according to the Department of Finance (DOF).
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