P8-T needed to fill infra backlog

The Duterte administration needs at least P8 trillion to close the infrastructure gap over the next six years, and it is the job of the Department of Finance (DOF) to…

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Duterte admin may pay for more “sins of the past”

The Department of Finance (DOF) is bracing for the likelihood of unprogrammed payments to private companies that have in the past dragged the government into court to collect tens of…

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PHL seeks more exports to Spain

DAVAO City--Bilateral trade between Manila and Madrid now stands at $600 million with the balance in favor of the latter, which is why the Duterte administration is seeking to increase…

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Gov’t debt ratio improves in September

The share of debt to the country’s economy slid further as of September this year as the gross domestic product (GDP) continued to grow faster than government liabilities, latest data…

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BOC takes cudgels for customs personnel still awaiting overtime pay

The new leadership at the Bureau of Customs has continued the persistent efforts made by its predecessors in calling the attention of Philippine Airlines (PAL) and Cebu Pacific (Cebu Pac)…

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DOF issues new eSRE reporting system for LGU treasurers

The Department of Finance (DOF) has required treasurers of local government units to include in their quarterly and annual financial reports to the DOF all environment and natural resources revenues…

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Mindanao Business Council backs tax reform plan

The Mindanao Business Council Inc. (MBCI) has given its full backing to the comprehensive tax reform program of the Duterte administration, describing it as “the starting point” to the attainment…

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