The Intergovernmental Relations Body (IGRB) between the National and Bangsamoro governments concluded its final meeting in 2021 with a reaffirmation of its “strong resolve and commitment” to accomplish its goals…
The Department of Finance (DOF) has expressed its support behind the recent decision of the Department of Environment and Natural Resources (DENR) to lift the ban on open-pit mining as…
The Bureau of Customs (BOC) has so far collected P3.3 billion from swine meat imports and estimates foregone revenues of P3.6 billion as of December 10 under the reduced tariff…
Collections of local government units (LGUs) from locally sourced revenues (LSRs) slightly dipped by 0.33 percent to P208.98 billion in the third quarter of 2021 compared to P209.68 billion during…
The National Tax Research Center (NTRC) is further developing the functionalities of its existing online incentives application portal for investors to allow the electronic submission in the future of reports…
The government and the private sector have continued to take advantage of digital technologies to make it easier and more convenient for small investors and businesses to participate in the…
The Department of Finance (DOF) will draw this week US$80 million (about P4 billion) of the World Bank (WB)'s US$500-million standby credit line extended to the Philippines to support the…
Finance Secretary Carlos Dominguez III has ordered the quick and round-the-clock processing of applications for tax and duty exemptions of donations to communities devastated by Typhoon “Odette,” in response to…
Finance Secretary Carlos Dominguez III has called on organizations and other stakeholders promoting energy efficiency and conservation initiatives to revisit their current strategy of simply relying on fiscal incentives to…
The Commission on Audit (COA) has uncovered another set of illegal tax perks worth P390.04 million that were granted to textile companies from 2008 to 2014, bringing the current total…
