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…
The Department of Finance (DOF) of the Republic of the Philippines and the Agence Française de Développement (AFD) have signed a €250 million policy-based loan – approximately ₱14 billion –…
Finance Secretary Carlos Dominguez III has commended the Bureau of Customs (BOC) for its upcoming collection of P3.49 billion in excise and value-added taxes (VAT) on the alkylate importations of…
Finance Secretary Carlos Dominguez, on behalf of the Philippine Government, and Country Chief Representative Jaejeong Moon of the Export-Import Bank of Korea-Economic Development Cooperation Fund (KEXIM-EDCF), on behalf of the Korean Government, sign the US$100-million second phase Program Loan for COVID-19 Emergency Response Program—Vaccination Program (PLCERP II). Secretary Dominguez and KEXIM-EDCF Country Chief Representative Moon were joined by the Ambassador of Korea to the Philippines Kim In-chul, Finance Undersecretary Mark Joven, and Finance Assistant Secretary Ma. Edita Tan.
The Philippines and Korea signed Friday an agreement for a US$100-million loan that will provide a big boost to the Philippine government’s ongoing nationwide COVID-19 vaccination program. Finance Secretary Carlos…
The Department of Finance (DOF) has thumbed down the proposal of the Department of Energy (DOE) for the Power Sector Liabilities and Management Corp. (PSALM) to resolve the power supply…
Finance Secretary Carlos Dominguez, on behalf of the Philippine Government, and the Ambassador of France to the Philippines Michele Boccoz, on behalf of the French Government, sign the EUR 250 million credit facility agreement for the Disaster Risk Reduction Enhancement at the Local Level (DRREALL) Program.
The newly formed National Panel of Technical Experts (NPTE) of the Climate Change Commission (CCC) has identified the Top 10 climate hazards in the Philippines that all require urgent climate…
This Circular is hereby issued to intensify the campaign of the Bureau of Internal Revenue
Finance Secretary Carlos Dominguez III has called on local government units (LGUs) to adopt digital technologies in tax administration and their other business processes in order for them to build…
