TRAIN not to blame for inflation

A spike in rice prices because of alleged lack of supply, a weak peso, rising oil prices abroad, better tax compliance of local cigarettes, and growing consumer demand accounted for…

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ADB sees PHL meeting target of 14% poverty rate cut by 2022

The Philippines is well poised to meet its target of reducing poverty incidence by 2022, with the Asian Development Bank (ADB) providing the necessary support to initiatives that aim to…

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More private sector groups support corporate tax reform

At least a half-dozen big business and civil society organizations have expressed their support for the proposed reforms in the corporate tax system and the modernization of investment incentives as…

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Dominguez seeks congressional OK of 2nd tax reform package

Finance Secretary Carlos Dominguez III has called on lawmakers to proceed with approving the Duterte administration’s proposed reforms on corporate taxation and the modernization of investment incentives as he allayed…

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DOF eyeing 3 rural banking reforms to widen financial inclusion

DAVAO CITY—The Department of Finance (DOF) is pushing a trio of initiatives to enable the rural banking system to meet the challenge of reducing the number of unbanked Filipinos in…

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Inflation manageable with TRAIN, says DOF chief economist

The moderate rise in inflation is only “temporary” and remains manageable under a robust economy even with the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law, which…

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PHL seeking ASEAN disaster risk management database vs climate change

The Philippines is urging its fellow member-states in the Association of Southeast Asian Nations (ASEAN) to build a region-wide database on disaster risk management to facilitate the sharing of information…

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Dominguez lauds support of development partners in PHL infra buildup

Finance Secretary Carlos Dominguez III has recognized the invaluable support provided by the Philippines' development partners in the region in jumpstarting the government's infrastructure modernization program, which, he said, is…

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Lambino is new DOF Asec

Secretary Carlos Dominguez III has sworn into office Antonio Joselito Lambino II as the new assistant secretary of the Strategy, Economics, and Results Group (SERG) of the Department of Finance…

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