Improved BOC valuation system hikes rice import tariff collections
The Bureau of Customs (BOC) has improved its valuation system particularly for rice imports and raised the tariffed value of the grain from an average of P18,178 per metric ton…
The Bureau of Customs (BOC) has improved its valuation system particularly for rice imports and raised the tariffed value of the grain from an average of P18,178 per metric ton…
Rice industry leaders, economic managers, and farmers' representatives affirmed last week the benefits of the year-old Rice Tariffication Law (RTL) in a webinar that emphasized how it has led to…
The Duterte administration is bent on building back a better, post-coronavirus economy in 2021 as it sees a "strong rebound" from the pandemic despite the strong headwinds facing the country…
Japan Tobacco International (Philippines) Inc. (JTI) is studying the possibility of further increasing its procurement of locally produced tobacco from the current 4.6 million kilograms (kg) it has programmed to…
Finance Secretary Carlos Dominguez III has suggested to local business owners to work on ways to regain the strength of consumer sentiment shattered by the uncertainty spawned by the COVID-19…
Senators have crossed party lines to commend the Department of Finance (DOF) under the leadership of Secretary Carlos Dominguez III for its competent and efficient management of state finances in…
Corporate bond issuances more than doubled since the Duterte administration took over in 2016, from P645.6 billion of listed private debt securities to P1.48 trillion as of end-August this year,…
Finance Secretary Carlos Dominguez III has green-lighted the implementing rules and regulations (IRR) issued by the Bureau of Customs (BOC) on the tax and duty-free importation of goods critical to…
The United States has extended a US$213 million grant to the Philippines to finance a program that aims to reduce poverty, promote private-sector led growth and strengthen good governance in…
The Philippines remains in a strong fiscal position to meet the financial challenges of beating the COVID-19 pandemic and rebooting the economy as a result of the game-changing reforms put…