The Committee on Appropriations of the House of Representatives has endorsed for congressional approval the P17.29-billion budget of the Department of Finance (DOF) and its attached agencies for 2020, a…
Fellow member-states of the Association of Southeast Asian Nations (ASEAN) have recognized the Philippines’ excise tax on sugar-sweetened beverages (SSBs) under the Tax Reform for Acceleration and Inclusion (TRAIN) Law…
President Duterte's centerpiece program “Build, Build, Build” will provide the Philippines the stimulus it needs to keep creating jobs and opening new investment opportunities despite the global economic slowdown, Finance…
A digital tax payments system recently launched by the Bureau of Internal Revenue (BIR) using the PESONet electronic funds transfer service will save the government some P230 million per year…
Finance Secretary Carlos Dominguez III said that tax incentives given to companies must be reviewed every two years as the Philippines has been too generous in giving away tax incentives…
The Power Sector Assets and Liabilities Management Corp. (PSALM) has appealed to the Energy Regulatory Commission (ERC) to immediately resolve the cases pending before it involving the state-owned firm’s collection…
Finance Secretary Carlos Dominguez III has welcomed the setting up of the Environmental Protection and Compliance Division (EPCD) within the Bureau of Customs (BOC) to monitor and control the entry…
The umbrella organization of city mayors across the country has commended Secretary Carlos Dominguez III, the Department of Finance (DOF) and the rest of President Duterte’s economic team for pushing…
BEIJING—The Philippines and China signed here Thursday (Aug.29) an agreement for a US$219.78 million Preferential Buyer’s Credit facility to fund the Project Management Consultancy for the Philippine National Railways (PNR)…
The Department of Finance (DOF) has underscored the need to complete the passage of the remaining packages of the Duterte administration’s comprehensive tax reform program (CTRP) to ensure a reliable…
