BIR collects P3-B unpaid taxes from 523 padlocked firms in 2021

Under its Oplan Kandado program, the Bureau of Internal Revenue (BIR) shut down the operations of 523 establishments in 2021 for various tax code violations, which resulted in a revenue…

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PHILGUARANTEE records P3-B in guaranteed MSME loans since start of pandemic

State-owned Philippine Guarantee Corporation (PHILGUARANTEE) has reached nearly P3-billion in financing assistance to micro, small and medium enterprises (MSMEs) through its credit guarantee facilities, in line with its key assistance…

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Dominguez says impressive growth of insurance premiums, assets reflects IC efficiency in ensuring industry resilience amid pandemic

Finance Secretary Carlos Dominguez III said Friday the impressive growth of the insurance industry in 2021 mirrors the efficiency and swift action of the Insurance Commission (IC) in maximizing the…

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