The Bureau of Customs (BOC) has confiscated P244 million-worth of smuggled, unregistered or counterfeit personal protective equipment (PPEs) and other medical supplies since March 25 up to May 31, 2020,…
The Bureaus of Internal Revenue (BIR) and of Customs (BOC) collected a combined total of P1.155 trillion for the first half of 2020 as an unprecedented coronavirus pandemic continued to…
Finance Secretary Carlos Dominguez III said Wednesday a more targeted and market-oriented approach to managing liquidity will ensure an efficient and stable financial system, especially at this time when the…
The number of taxpayers who filed their taxes online have more than doubled over the 2015-2019 period, reflecting a major breakthrough in the Bureau of Internal Revenue (BIR)’s continuous efforts…
The Department of Finance (DOF) and the Agence Française de Développement (AFD) have signed two credit facility agreements worth €250 million (approximately ₱14 billion) combined to support two major policy…
The Department of Finance (DOF) has issued Revenue Regulations (RR) No. 16-2020 dated June 24, 2020, extending anew deadlines for filing of claims for value added tax (VAT) refund. It…
Employees who were notified to claim their two-month cash grants under the Small Business Wage Subsidy (SBWS) Program through the MLhuillier Kwarta Padala money remittance outlets only have until this…
The Department of Finance (DOF) has issued Revenue Regulations (RR) No. 15-2020 further extending till end-December 2020 the deadline on availing of the tax amnesty for delinquencies under Republic Act…
The Duterte administration’s prudent fiscal strategy has allowed the Philippines to maintain its high creditworthiness, which, in turn, enabled it to access funds for its coronavirus disease 2019 (COVID-19) response…
The amended Chiang Mai Initiative Multilateralization (CMIM) agreement is set to take effect today (June 23), offering a stronger currency swap arrangement and financial safety net among Association of Southeast…
