The National Government (NG) paid in full its outstanding P300 billion provisional advances to the Bangko Sentral ng Pilipinas (BSP) earlier today, well in advance of the 11 June 2022…
In the first three years of its implementation, the law liberalizing rice trading has earned a total of P46.6 billion in rice import duties, which directly benefited palay farmers through…
Finance Secretary Carlos Dominguez III has instructed the Philippine Crop Insurance Corp. (PCIC) to ensure that its projects supported by foreign grants and loans are actually ‘demand-driven’ and would benefit…
The Bureau of Internal Revenue (BIR) has created a task force to ensure that registered business enterprises (RBEs) in the Information Technology-Business Process Management (IT-BPM) sector currently enjoying tax incentives…
Finance Secretary Carlos Dominguez III has said the Philippines is looking forward to future initiatives under the umbrella of the ASEAN Plus Three (China, Japan, Korea) cooperation to help accelerate…
The Notices of Disallowance (NDs) of the Commission on Audit (COA) on the tax credit certificates (TCCs) issued to several textile companies from 2008 to 2014 are now worth a…
The passage and implementation since 2019 of the Rice Tariffication Law (RTL) has slashed prices of the country’s staple food to the current average of P39 per kilogram (kg) or…
The Fiscal Incentives Review Board (FIRB), upon the endorsement of the Subic Bay Metropolitan Authority (SBMA), has approved the grant of tax incentives to Project AGILA for the redevelopment and…
The redefined functions of the National Food Authority (NFA) under the Rice Tariffication Law (RTL) enabled it to cut its net loss in 2021 to P9.6 billion, down by 37.8…
