The Philippines Ports Authority (PPA) has turned over to the National Treasury P4.08 billion in cash dividends this year, bringing its total dividend contributions under President Duterte to a precedent-setting…
The Department of Finance (DOF) clarifies that Information Technology Business Process Management (IT-BPM) companies in ecozones and are registered with investment promotion agencies (IPA) are free to adopt work from…
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA The Republic of the Philippines (the “Republic”) successfully tapped the international capital markets…
Pursuant to the directive of President Duterte to review all contracts "with the end in view of abrogating or revising the provisions that are prejudicial and onerous to the Filipino…
President Duterte’s all-out support for the Land Bank of the Philippines (LANDBANK) through a capital infusion that is the largest compared to the combined amounts that the institution had received…
The Securities and Exchange Commission (SEC) has revoked the registration of 2,081 firms and secured the conviction of 76 individuals in eight cases for violations of the Lending Company Regulation…
Finance Secretary Carlos Dominguez III has commended former Social Security System (SSS) President and CEO Aurora Ignacio for her accomplishments since she took over the helm of the pension fund…
DAVAO CITY—The Department of Finance (DOF) has rejected proposals to suspend the excise tax on fuel as a way to reduce the impact on consumers of spiralling oil prices in…
The Fiscal Incentives Review Board (FIRB) approved the tax incentives for the operations of a proposed P1.5-billion Cebu City-based shipping vessel, specializing in roll on roll off (RoRo) passenger and…
The Fiscal Incentives Review Board (FIRB) is supporting the proposal on the Strategic Investment Priority Plan (SIPP) by the Board of Investments (BOI), an attached agency of the Department of…
