News & Views (February 2021)

• 28/02/21

  Tobacco excise collections surpass February target as JTI hikes tax payments by over 100 percent

  The Bureau of Internal Revenue (BIR) overshot its February 2021 target for tobacco excise tax collections by 4.28 percent, collecting P17.57 billion mid-month after Japan Tobacco International (JTI) Philippines Inc. paid taxes of P10.94 billion, which is more than double the amount it paid in January.

  Read More
  
  
  
• 26/02/21

  The Manila Times Economic Forum

  
  February 26, 2021
  Read More
  
  
  
• 26/02/21

  Dominguez says strong private sector key to sustainable recovery this year

  Finance Secretary Carlos Dominguez III said Friday the revival of private enterprises and consumer activity will propel the country to a sustainable recovery starting this year as he foresees encouraging prospects for the economy, especially with the negotiations for the purchase of COVID-19 vaccines and their delivery well underway.

  Read More
  
  
  
• 25/02/21

  DOF to include COVID-19 vaccine imports in Mabuhay Lane

  Finance Secretary Carlos Dominguez III has approved the inclusion of all importations of COVID-19 vaccines in the “Mabuhay” or express lane of the Department of Finance (DOF) to allow the quick processing of the tax and duty exemptions of these vital shipments.

  Read More
  
  
  
• 24/02/21

  PSALM rejects SPPC’s new condition for prepayment of Ilijan Power Plant dues

  The Power Sector Assets and Liabilities Management Corp. (PSALM) has rejected the new condition recently imposed by South Premiere Power Corporation (SPPC) for its offer to advance in full its Monthly Payments due under its Independent Power Producer Administrator (IPPA) Agreement with PSALM for the 1,200 megawatt Ilijan Power Plant.

  Read More