News & Views

• 05/03/21

  Rice import tariff collections posts 58% hike year-on-year amid improved BOC valuation system

  The Bureau of Customs (BOC) has reported collections amounting to P2.04 billion in tariffs from rice imports in January, representing a 58-percent increase over the P1.29 billion collected during the same period last year amid a further improvement in the bureau’s import valuation system.

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• 04/03/21

  BIR execs to hold further talks with Russian counterparts on digitalization

  Finance Secretary Carlos Dominguez III has instructed the Bureau of Internal Revenue (BIR) to pursue discussions with Russian tax officials on further improving the Philippines’ tax administration system through digitalization.

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• 03/03/21

  Dominguez lauds PAG-IBIG on housing, financial inclusion achievements

  Finance Secretary Carlos Dominguez III has commended the Home Development Mutual Fund (more popularly known as the PAG-IBIG Fund) for its exemplary performance in providing affordable housing to mostly low-income earners, while expanding financial inclusion among Filipinos, even amidst the COVID-19 pandemic last year.

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• 02/03/21

  Court of Appeals affirms dismissal of Customs officer for serious dishonesty

  The Court of Appeals (CA) has affirmed the dismissal from the government service of a customs operations officer found liable for serious dishonesty in making false declarations in her annual Statements of Assets, Liabilities and Networth (SALNs).

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• 01/03/21

  BOC bares 2021 priority programs

  Customs Commissioner Rey Leonardo Guerrero has said that the 10-point priority program of the Bureau of Customs (BOC) in 2021 will focus on the implementation of the customs modernization program and other related projects to improve its delivery of services to its stakeholders.

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• 28/02/21

  Tobacco excise collections surpass February target as JTI hikes tax payments by over 100 percent

  The Bureau of Internal Revenue (BIR) overshot its February 2021 target for tobacco excise tax collections by 4.28 percent, collecting P17.57 billion mid-month after Japan Tobacco International (JTI) Philippines Inc. paid taxes of P10.94 billion, which is more than double the amount it paid in January.

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• 26/02/21

  The Manila Times Economic Forum

  
  February 26, 2021
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• 26/02/21

  Dominguez says strong private sector key to sustainable recovery this year

  Finance Secretary Carlos Dominguez III said Friday the revival of private enterprises and consumer activity will propel the country to a sustainable recovery starting this year as he foresees encouraging prospects for the economy, especially with the negotiations for the purchase of COVID-19 vaccines and their delivery well underway.

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• 25/02/21

  DOF to include COVID-19 vaccine imports in Mabuhay Lane

  Finance Secretary Carlos Dominguez III has approved the inclusion of all importations of COVID-19 vaccines in the “Mabuhay” or express lane of the Department of Finance (DOF) to allow the quick processing of the tax and duty exemptions of these vital shipments.

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